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The Payment Services Directive 2 (PSD2) enables payment service users to use account information and payment initiation services (AISP & PISP) offered by Third Party Providers ( TPPs)This requires account service payment service providers to establish the access interfaces through which TPPs can access the customers’ payment accounts in a secure manner.

Customers that use an online banking account to make payments or to manage their finances and access their account details can do so through software developed by authorised third party providers (TPPs).

The BOV PSD2 dedicated interface is live. Bank of Valletta PSD2 API is free to use for certified AISP, PISP and PIISP services.  Bank of Valletta PSD2 API is designed on a RESTful model using JSON structures. It is based on NextGenPSD2 framework version 1.3.6, also known as Berlin Group standard. 

Third Party Providers (TPPs) are now able to connect to the Bank of Valletta dedicated API interface for providing aggregation and other relevant services to customers. Within the documentation, TPPs can find the access details for using the testing facility .

Bank of Valletta has made two environments available for TPPs:

  • Sandbox -  The Sandbox Test Environment is where TPPs can experiment and test the application for PSD2 open banking
  • Production  - Once testing is complete on our Sandbox, TPPs can then start working with the production environment offering PSD2 open banking solution services to customers.

 

Register on this link. 

Availability and performance of the dedicated interface is available by clicking the following link BoV PSD2 dedicated interface statistics

TPPs need to have a valid eIDAS ( electronic Identification, Authentication and trust services ) certificate issued by a QTSPs ( Qualified Trust Service Provider ).

 

 

 

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Bank of Valletta p.l.c. is a public limited company regulated by the MFSA and is licensed to carry out the business of banking and investment services in terms of the Banking Act (Cap. 371 of the Laws of Malta) and the Investment Services Act (Cap.370. of the Laws of Malta).