MAS have decided to make a push so that the financial data in your bank is more open. When the data is more open, third party developers can easily let you access this data. This initiative is called SGFinDEx. You might have seen it in the news lately. With this, I will be able to check the balances of all my bank account in one place. The supported banks are Citibank, DBS/POSB Bank, HSBC, Maybank, OCBC, Standard Chartered Bank, UOB. Basically, that is like almost all local bank you will have deposit in. Those of my friends that are on the higher interest hurdle account in Bank of China (BOC Smartsaver) would not be able to enjoy this. The kind of data they will be able to aggregate is also quite a lot:

1. Current and savings account balances
2. Fixed deposits balances
3. Unit trust holdings
4. SRS accounts and holdings
5. CPFIS accounts and holdings
6. Unsecured loan outstanding balances (credit cards, personal loans, etc)

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