Open Banking
Interbank Account Data Sharing (IADS)
1. What is Interbank Account Data Sharing (IADS) programme?
The IADS programme is formulated by the Hong Kong Monetary Authority (the HKMA) and launched with the support of the banking industry. The IADS programme has established the rules and standards facilitating interbank customer-consented data sharing. This allows you to securely and efficiently share your bank account data from one participating bank (Data Providing Bank) to other participating banks (Data Consuming Bank), subject to your consent.
To learn more about the HKMA’s IADS initiative, you may visit:
2. What kind of data will be shared after obtaining my explicit consent?
With your explicit consent, the following Current or Savings account data will be shared to your selected Data Consuming Bank during your consent period:
- Account availability
- Account status
- Account balances
- Account transactions
3. What are the eligibilities to use the IADS service?
You are required to hold active BEA Online or BEA Corporate Online Services registered with a valid mobile phone number and email address. Also, you are required to have a valid account linked with BEA Online or BEA Corporate Online Services, including current account, all-in-one account or any account as prescribed by the Bank from time to time.
Please note that Youth i-account, WMC account, MPF account, Kid master, credit card accounts and private banking customer are not eligible for the services currently.
4. How can I manage the sharing of my account data?
You have complete control over your account data. We will only share your BEA account data to your chosen Data Consuming Bank after obtaining your consent. You can access BEA Mobile or BEA Online, BEA Corporate Online (for Personal customers), BEA Corporate Online (for Corporate and SME customers) anytime to , and you have the right to revoke the consents. The Data Consuming Bank will have access to the data until the consent is revoked or expired.For details, please click here to view the FAQs.
Functions of Open API
1. Access to product and service information
Our comprehensive products and services information can now be accessed through the Mobile App and website of our third-party service providers (TSPs). TSPs are required to complete the registration and approval process before they can publish our products and services information on their platforms.
2. Apply for products and services
Under Open API framework, you can apply for our products and services through our partners’ platforms directly.
Our partner(s) & services
| mReferral Corporate (HK) Limited | ||||
| Website | www.mreferral.com | |||
| info@mReferral.com | ||||
| Phone | (852) 3196 6600 | |||
| Fax | (852) 3196 6678 | |||
| Address | 17/F, Overseas Trust Bank Building, 160 Gloucester Rd, Wanchai, HK | |||
| Available in | Website | |||
| Services | Loans (processes applications for consumer loans including tax season loans and mortgages) | |||
3. Retrieve account information
With Open API service, you could access your BEA account information through TSPs Mobile App/ website as per your consent granted to the TSP in advance. Customers can grant consent to TSPs to access account information under Open API, which includes:
- Account availability
- Account status
- Account balance
- Transaction details
You can manage your granted consent through BEA App, Cyberbanking, BEA Corporate Online (for Corporate and SME customers) or through TSPs Mobile App/ website.
| Product and service information available | ||
|---|---|---|
| Personal Banking | Corporate Banking | |
| Cyberbanking accounts with registered mobile phone no. for SMS (Personal & Joint Account): | Deposit accounts(Personal & Joint Account): | Deposit accounts (Corporate Account): |
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To learn more about this function, please click here to view the FAQs
4. Pay FPS merchants (app-to-app/web-to-app)
FPS merchant payments (app-to-app & web-to-app) enable you to make FPS payments from your BEA account through a merchant’s app or mobile website. When using a merchant app/mobile website which supports FPS Merchant Payment (app-to-app/web-to-app), you can simply follow the in-app/on-site instructions, choose “FPS” as your payment method, and select the BEA App when prompted. The BEA App will then open, allowing you to log in to your Cyberbanking account, verify the transaction details, and confirm the payment.
To learn more about this function, please click here to view the FAQs
Introductory video
What should I pay attention to when using the Bank’s services via websites/applications of third-party service providers?
Please watch the following introductory video provided by the HKMA for details. (Chinese version only)
More BEA products and services will be available soon!
If your company is interested in our Open API services, please create a TSP account through the JETCO APIX website (www.apix.com.hk). Upon approval, you can subscribe to our comprehensive Open API services.
To learn more about Open API business opportunities or BEA services, please send us an enquiry form (select “OpenAPI” under Products/Services).
