Which banks support payment initiation through open banking?

The open banking capabilities (external bank accounts synchronisation and payment initiations) are now available in France, Belgium, the Netherlands, and Germany, for the following banks:

Banks

External bank accounts synchronization

Payments initiations

Countries

ABN AMRO

Yes

Yes

BE, NL, DE

ARGENTA

No

No

BE

AXA

Yes

Beta

FR, BE, NL

BANQUE POPULAIRE

Yes

Yes, if Digipass is active

FR

BANQUE POSTALE

Yes

Beta

FR

BELFIUS

Yes

Yes

BE

BNP FORTIS

Yes

Yes

BE

BNP PARIBAS ENTREPRISES

Yes

No

FR

BNP PARIBAS PROFESSIONNELS

Yes

In progress

FR

BOURSORAMA

Yes

No

FR

BRED

Yes

No

FR

CAISSE D'ÉPARGNE

Yes

Yes

FR

CIC

Yes

Yes

FR

COMMERZBANK

Yes

Yes

DE

CRÉDIT AGRICOLE ENTREPRISES

Yes

In progress

FR

CRÉDIT AGRICOLE PARTICULIERS

Yes

Yes

FR

Crédit du Nord

Yes

No

FR

CRÉDIT MUTUEL

Yes

Yes

FR

DEUTSCHE BANK

Yes

Beta

DE

HSBC

No

No

FR

ING

Yes

Yes

FR, BE, NL, DE

KNAB

No

No

NL

LCL

Yes

Beta

FR

Manager One

Yes

No

FR

Paypal

Yes

No

All

POSTBANK

Yes

Beta

DE

QONTO

Yes

No

FR

RABOBANK

Yes

Yes

BE, NL, DE

Revolut (Private)

Yes

No

All

SMC

Yes

No

FR

SOCIETE GENERALE ENTREPRISES

Yes

In progress

FR

SOCIETE GENERALE PARTICULIERS

Yes

Yes

FR

SPARKASSE

Yes

Yes

DE

TRIODOS

No

No

NL

UNICREDIT

No

No

DE

VOLKSBANK

No

No

DE

Are there limits on amounts that can be transferred through open banking?

Each bank sets its own limits on the amount per transaction or per day that you can send by payment initiation through open banking.

If you try to initiate a payment that exceeds the limits set by your bank, an error message will be displayed.

How does iBanFirst connect to my external bank account to initiate a payment?

iBanFirst holds accreditation as a Payment Service Provider in accordance with European Directive DSP2. With your explicit authorisation, this accreditation allows iBanFirst to connect to your bank account to initiate a transfer. You will always be asked to fill in your usual login credentials with your bank to authorise this transfer.

Your credentials are never saved on our system, they are simply passed directly to your bank through a fully secure API. Your bank therefore remains in control of all payments initiated through open banking, enabling you to credit your iBanFirst account quickly and transparently.

iBanFirst uses Klarna’s leading open-banking platform to manage the connection with your bank.

When will the funds be transferred to my iBanFirst account when I initiate a payment through open banking?

The funds will be credited to your iBanFirst account within 24 to 48 hours following the initiation of your payment.

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