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Account Information Overview

Open Banking​

Open banking is a secure way for banks and other financial institutions to share customer data with authorised third-party providers, enabling the development of innovative financial products and services. It allows customers to consolidate their financial information from various accounts into one place and access new tools for managing their finances

This document explains how to integrate with Monolay's Account Information API to access your users' bank accounts and access account information.

open-banking

As a Third Party Provider (TPP), you can use the Monolay services to access the banking institutions of your customers.

The latest version of the Open Banking API specification is version 4.0, and that is the version we aim to return. Some banks are still using version 3.1 although it is deprecated.