QNB Open banking is a digital solution that leverages QNB' application programming interface (API) Capabilities to facilitate business transaction within your ecosystem by integrating real-time processing data and information enquiries into your business processes and systems.
It drives efficiency for our clients, but also significantly enhances the customer experience. QNB is progressively developing a meaningful number of highly-modular APIs that can be combined to suit different client needs. We have worked with many clients to co-create our API-driven solution that give a competitive edge.
What is QNB Open banking?
QNB open banking is the process of enabling Third-party financial services providers or Corporate Client to access consumer-banking information such as transactions and payment history. This practice is possible with an Application Programming Interfaces (APIs)
Our goal is to enrich our corporate bank e-channels with Beyond Banking Value-Added services. We strongly believe that with the arrival of Open Banking a new digital collaborative financial ecosystem started to emerge globally, where banks together with their new partners can unlock further synergies and drive innovation faster. The ultimate goal of Open Banking is to increase efficiency, enrich functionality and put user experience to the next level.
Launched in 2024, QNB Open Banking APIs provides clients with functions that allows seamless integration to client’s ERP/internal platforms allowing clients to request transaction services or/and information from the bank through their own platforms.
APIs Benefits:
- 24/7 API Access by Leverage a dedicated API library for round-the-clock banking services.
- Wide scope of services reaches from information to transaction and customized solution upon request
- Standard communication and channels between customer systems and QNB platform
We offer a comprehensive suite of API services designed to streamline and enhance your financial operations.
API Capabilities for Our Customers
- Payment initiation
- Bill/Utility payments
- SWIFT Services - confirmation (MT103) and SWIFT Ack/Nack
- OMS (online merchant service) statements
- Corporate Credit card statements
- Credit Rewards management
- FX Rates inquiry
Upcoming APIs for customers
API service are coming available over the year, such as bulk/Salary processing, GTA tax payment, Fixed Deposit booking, Transaction processing history inquiry and download, Trade finance (Import LCs, Export LCs, and Guarantee) and more.
With these new API capabilities, we continue to drive digital transformation by providing seamless, secure, and efficient financial solutions. Our APIs empower businesses with real-time access to critical banking services, streamlining financial operations and improving decision-making.
Check the below two links that you can access: