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1. Version Control

Version

Date

Description of Changes

Bahrain OBF v1.0.0

25th Aug 2020

Initial Release

2. Introduction

Sharing product details allows AISP to request for ASPSPs products details. ASPSP returns a collection of products and services requested by the AISP. These specifications allow ASPSPs (e.g. banks) to develop API endpoints which can then be accessed by API users (e.g. AISPs) to build mobile and web applications for users/customers.

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For the current scope in Bahrain’s Open Banking, ASPSPs must share all the product details if requested by AISP.

3. List of products and services covered

For the purpose of Bahrain’s Open Banking the following list of products and services to be shared by the ASPSPs to the AISP upon their request for sharing product details:

  • Current account, savings account (including foreign currency account, cash management account, etc.)

  • Investment/Deposits accounts- In Islamic banking, this field is referred to as ‘Investment Account’

  • Loans (including financing products, overdraft facilities, mortgages, etc.)- In Islamic banking, this field is referred to as ‘Financings’

  • Cards (including credit cards, prepaid cards, charge cards, E-Wallets, etc.)

  • Fund transfer services

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