Overview

The Enterprise Connected Banking APIs enable seamless integration between your ERP or business platform and Open Financial Technologies’ Connected Banking ecosystem, powered by Open.
These APIs provide a unified interface to securely link and manage corporate bank accounts, add and verify beneficiaries, initiate single or bulk payouts, and fetch real-time account ledgers and transactions.

By integrating these APIs, developers can embed banking capabilities directly within their ERP, accounting, or treasury systems—reducing manual effort and enabling real-time financial operations.

Connected Bank Glossary

Bank Name	Linking Type	Support Statement Fetch	Beneficiary Addition Required	Single Fund Transfer	Bulk Fund Transfer
ICICI	Offline	Yes	No	Yes	Yes
Yes	Offline	Yes	No	Yes	Yes
Axis	Digital	Yes	Yes	Yes	No
HSBC	Offline	Yes	No	Yes	No
SCB	Offline	Yes	No	Yes	No
SBI	Digital	Yes	No	Yes	No
Kotak	Digital	Yes	No	No	No
IDFC	Digital	Yes	No	Yes	No
HDFC	Offline	Yes	No	Yes	No

Generate API Key

Follow the below steps to generate your Enterprise connected banking Access Key and Secret Key.

Register in Account Payables.
Post successful sign up, you can login to your account using your email id and password. You can use the link here to login.
Navigate to Settings → Developer APIs.
You will be able to generate both the sandbox and live keys from there.

Note:

For sandbox API credentials completion of KYC and activation is non-mandatory and for the live key generation, the KYC completion and activation is mandatory process.