We believe in the principles of open banking

We opened up our web interface (API) and let retail as well as corporate clients to use third-party mobile and web applications for managing their bank accounts or their customers' financial and accounting transactions.

What are third parties and how do they work?

Third parties are providers of Internet and mobile applications.

Third-party applications can be linked with a bank account, if the client is interested in using a specific application. But the client must always give the third party his explicit consent, showing that he is aware that the application will gain access to some of his client data in this manner (e.g., account balance, account details, payment history, submission of a domestic payment order).

What does open banking offer to clients?

New possibilities and flexibility in managing their personal finance.

Popular third-party applications offer retail clients various services, such as an instant overview of expenditures, including visual classification. Clients can immediately see in their mobile applications or NetBank, how much he spent over a given period for restaurants, transport, or utilities.

Corporate clients, in open banking, increasingly use the bank’s open banking interface for simplifying centralised management of the company, and for obtaining up-to-date information from the bank.

Is open banking safe?

No third party can link its application to a client’s account without the client requesting it first and granting it with his explicit consent to access his banking data.

Furthermore, this consent must be reconfirmed by the client every three months. Every third party that wishes to link its application to the client’s account must also hold a Hungarian National Bank license for accessing personal banking data.

How can I connect to third-party applications?

When linking a third-party application to your account, the application will direct you to our NetBank linking page. There, you will enter your log-in information and agree to allow the third-party application to link up with your accounts at Erste Bank Hungary. You will not be logging into your NetBank, but rather verifying that it is you who is linking the third-party application to your accounts. In your NetBank, you can manage your bank accounts for open banking (enable/disable).