About Open Banking

Open Banking enables you to securely share information with licensed third-party providers, so you can take advantage of a range of services designed to make banking better.

Open Banking provides the below services:

  • View all your accounts in one place, including those of other banks

  • Account balances

  • Transaction history

  • Domestic Fund Transfers

  • International Fund Transfers (provided only to India)

  • Scheduled payments.

Third Party Providers (TPPs) will always take your consent to access your accounts.

To provide the above listed services, a third-party provider will access your account using an Application Programming Interface or API.

Before doing so, they’ll ask for your consent and you will be securely redirected to the authentication process of ICICI Bank Ltd., Bahrain Branch. This will be similar to the way you log in for online banking.

Developer Portal

Third Party Service Providers (TPPs) in Bahrain can create an account on ICICI Bank’s developer portal to explore our Open Banking APIs, test them in our sandbox and access the latest documentation and services for our Open Banking products, including our TPP Implementation Guides.

You can also get in touch with our support team here, for any help or suggestion on how we can further improve our services.

FAQs – Open Banking/Third Party Providers (TPPs)

 

T&Cs.

If you use a Third Party Provider (TPP), these General Terms will still apply. Based on your consent, we will give the TPP access to your account information and you will be able to make the same payments through the TPP that you’d make if you were dealing with us online. Account information will include details about who you make payments to and receive payments from. This might contain some sensitive personal information, e.g. Account details, Beneficiary details etc.

We may refuse a TPP access to your account, if we feel that the TPP is unauthorised or acting fraudulently.

You must check all necessary information provided by the TPP which proves that they are authorised. If you give your security details to an unauthorised third-party, we will assume that you are authorising us to give access to information about your accounts and you will be held responsible for any payments made as a result. If we are aware that an unauthorised third-party is using your security details, we will duly block access to your accounts.

If you think a payment made through a TPP was unauthorised or incorrect, you must contact us immediately.

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