Initiating a payment through open banking is a quick and easy way to make a bank transfer online directly from the iBanFirst platform. Instead of going to your online bank in a separate Internet window or on another device, you can log onto a secure page hosted by your bank and authorise a payment to your iBanFirst account directly from the iBanFirst platform without having to create a transfer manually.

Look for your bank in this table to check which service is available.

How do I initiate a payment through open banking?

  1. Start by syncing your external bank account on the iBanFirst platform.

  2. In the “Accounts” tab, click on "Credit an account".

  3. Choose the iBanFirst account you would like to fund.

  4. Select the external bank you would like to use to initiate a payment towards your iBanFirst account via Open Banking. The banks displayed in the dropdown list are the ones for which you have synchronised accounts and that support open banking payments.

  5. Select the account to debit. .

  6. Enter the amount to be transferred as well as any message or reference you would like to add.

  7. You will be directed to your bank’s website, where you will have to log in. You may also need two-factor authentication (for example, entering a code sent to your phone, validate the operation on your mobile banking app, enter the token displayed on the PINentry device supplied by your bank, etc.).

  8. That’s all — we’ll take care of the rest

Please note that your bank may send you an email confirming the payment initiation order.

Since the login page is a secure page hosted by your bank, iBanFirst has no access to the information you use to log in, nor any data relating to your bank account or your transactions on this account, except for the payment you have approved.

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