The Confirmation Availability of Funds (PSD2) API provides you the ability to validate the available funds on the customer's account. It enables you to retrieve real-time balance checks on ABN AMRO accounts.

Requirements

To use this API in a production environment, you must have the following:

• A PSD2 license:
  To access ABN AMRO accounts as a third-party service provider, you must have a PSD2 license that has been granted by a local competent authority. In the Netherlands, the local competent authority is De Nederlandsche Bank (DNB). If you require access to accounts in other countries, you also need a license in those countries.
   
• An EIDAS certificate: 
  ABN AMRO only accepts Qualified Website Authentication Certificates (QWAC) from Qualified Trusted Service Providers (QSTPs) that are on the trusted list with CEF Digital only. This certificate is used for identification, and is also required for OAUTH authorization when accessing APIs.

PSD2 Explained

A number of changes are taking place in the area of payment services. These changes relate to a new European directive PSD2 (Payment Services Directive). One of the main objectives of PSD2 is to boost competition and innovation in the area of payment services.

The most significant change for ABN AMRO customers is that they will be able to give licensed third parties access to their current accounts. For the customer, this will enhance and create new experiences.

Alongside banks, other companies and organizations will be able to access account information and initiate payment services. Customer permission is required.

Learn more