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	Yes
SCB	Offline	Yes	No	Yes	No
SBI	Digital	Yes	No	Yes	Yes
Kotak	Digital	Yes	No	No	No
IDFC	Digital	Yes	No	Yes	No
HDFC	Offline	Yes	No	Yes	Yes