This service was already available to clients of Rabobank, SNS and Bunq. By integrating details of the accounts clients hold with several banks, they will have a better picture of their finances. Clients will, of course, be able to decide themselves whether they wish to share this information.
Complete picture in Mobile and Internet Banking

From today, ABN AMRO retail clients who also have a current account with ING, Rabobank, SNS, ASN and Regiobank will be able to view their payment details in ABN AMRO’s Mobile Banking app and Internet Banking. They will first need to instruct their bank to share this information, such as account balances and transactions. Clients will be able to see at a glance what their financial situation is.
Staying on top of income and expenses

In addition to the Mobile Banking app and Internet Banking, ABN AMRO also offers the Grip app. This app automatically puts income and expenses into categories, such as daily groceries or leisure activities. Users can set a budget for each category and will receive a push message when their budget has almost been used up. This will make it easier for clients to stay on top of their personal finances.

Some 600,000 users currently use the app and give it good reviews. Many Dutch people bank with different banks. Having all income and expenses in one app creates a digital and automated personal budget book. In addition to ABN AMRO clients, clients of Rabobank and SNS can now use the Grip app. Users of a credit card from ICS, the Royal Dutch Touring Club (ANWB) or De Bijenkorf department store can view their payment details in Grip, provided they have given permission for this.
New options thanks to PSD2

These new options have been created by the introduction of the financial legislation called PSD2, a European guideline which has been implemented in the Netherlands. The new legislation paves the way for bank clients to give third-party providers access to their online bank accounts. This will enable clients to instruct their banks to upload payment details to financial apps, for example, or to combine transaction details of different banks in order to better manage their finances. The Dutch central bank DNB and the Dutch National Forum on the Payment System, MOB, recently launched a large campaign to inform the general public about the implications of, and possibilities created by, the new legislation.