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How to stop or remove an account from a Data Sharing Arrangement?

How to stop or remove an account from a Data Sharing Arrangement?

Once you have established a Data Sharing Arrangement with an accredited organisation, you can view and manage the Data Sharing Arrangement in internet banking.

Where joint account data has been shared, all account owners can view the Data Sharing Arrangement. Only the initiator of the Data Sharing Arrangement can cancel it.

To cancel an active Data Sharing Arrangement:

  1. Log into app or internet banking.
  2. Navigate to Settings > Manage Data Sharing > Data Sharing Arrangements.
  3. All active Data Sharing Arrangements will be shown. Select the arrangement you want to manage via the arrow on the right hand side.
  4. Once the Data Sharing Arrangement is open, select “stop sharing”.
  5. By confirming the action, data sharing will be stopped and all account owners will be notified.

To remove an account from a Data Sharing Arrangement:

  1. Log into app or internet banking.
  2. Navigate to Settings > Manage Data Sharing > Data Sharing Arrangements.
  3. All active Data Sharing Arrangements will be shown. Select the arrangement you want to manage via the arrow on the right hand side.
  4. Once the Data Sharing Arrangement is open, select “remove” next to the relevant account. 
  5. By confirming the action, banking data for the removed account will no longer be shared and all account owners will be notified.

Note: For joint accounts, removing an account will not disable the account from being added to new Data Sharing Arrangements. To disable a joint account for data sharing, refer to joint account management processes.

Note: Nominated representatives can stop data sharing even if the data sharing arrangement has accounts that the nominated representative does not have access to. Newcastle Permanent encourages you to check with other nominated representatives before stopping your data sharing arrangement.

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