The Enterprise Connected Banking APIs enable seamless integration between your ERP or business platform and Open Financial Technologies’ Connected Banking ecosystem, powered by BankOpen.
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.
PREREQUISITES
ERP has to configure their webhook URL in the Accounts Payable dashboard under Developer section Setting → Developer API → API Configuration .
Authorization
When processing an API, it is important to know who is sending the request and if they have permission to perform the action. API Authorization helps us identify who is making the call, if they have the required permissions, and ensure you securely access the requested data.
Open uses bearer token to authorize API calls. All API calls must include an authorization header in the format shown below.
--header 'Authorization: Bearer <Access_Key>:<Secret_Key>'
Generate Connected Banking API Keys
Follow the below steps to generate your Open's Access Key and Secret Key.
- Log into your Open's Dashboard.
- Navigate to Settings → Developer API .
- Click on Generate to generate your LIVE API keys.
