This video shows some examples of Open API application that may be provided after each phase has been implemented.
Phase |
Open API functions |
Examples |
Delivery time |
---|---|---|---|
I |
Product information |
Deposit rates, credit card offerings, service charges and other public information |
By the end of January 2019 |
II |
Customer acquisition |
New applications for credit cards, loans and other products |
By the end of October 2019 |
III |
Account information |
Account balance, credit card outstanding balance, transaction records, credit limit change and others |
The initial batch of API functions, covering deposit account information and online merchant payments, are implemented progressively starting from December 2021 |
IV |
Transactions |
Payment and transfers |
The banking sector has launched Phase I and II Open APIs in January 2019 and October 2019 respectively. The information of the Open APIs can be found in this website of the Hong Kong Science and Technology Parks, which provides a single point of reference of all the Open APIs offered by banks to facilitate access by third-party service providers. If there are any questions regarding the details of Open API functions, please contact the respective banks.
The HKMA announced the implementation plan for Phases III and IV of the Open API Framework in May 2021. The HKMA has decided to adopt a progressive approach to implementing Phase III and IV API functions that enable viable use cases involving lower implementation cost and risk. The initial batch of API functions, covering deposit account information and online merchant payments, are implemented progressively starting from December 2021.
The target go-live dates of Phase III and Phase IV Open APIs provide an implementation overview and indicative timeline for third-party service providers and related parties to better plan for service offerings.
The details of the Open API implementation of individual banks are subject to their designs and latest plans. If you have questions regarding the details of Open API functions or their target go-live dates below, please contact the respective banks.
Phase III Open API functions for retail customers
Phase III Open APIs for retail customers comprise the following functions:
Retrieval of deposit account information
Of the 28 participating banks1, 23 banks launched the API functions. For the remaining 5 banks, their plans are as follows:
Banks |
Target go-live dates |
---|---|
|
Concrete plan not provided |
|
Concrete plan not provided |
|
31 March 2023 |
|
Concrete plan not provided |
|
Concrete plan not provided |
Click here for target go-live dates of API functions of each participating bank.
Phase III Open API functions for corporate and SME customers
Phase III Open APIs for corporate and SME customers comprise the following functions:
Retrieval of deposit account information
Of the 28 participating banks, 20 banks launched the API functions. 5 banks do not offer corporate or SME banking services at the moment. The remaining 3 banks below have not provided concrete implementation plans.
Banks |
---|
|
|
|
Click here for target go-live dates of API functions of each participating bank.
Phase IV Open API function
Phase IV Open API function comprises FPS App-to-app payments.
Of the 28 participating banks, 26 banks launched the API functions. The remaining 2 banks below have not provided concrete implementation plans.
Banks |
---|
|
|
Click here for target go-live dates of API functions of each participating bank.
Airstar Bank Limited |
Ant Bank (Hong Kong) Limited |
Bank of China (Hong Kong) Limited |
Bank of Communications (Hong Kong) Limited |
China CITIC Bank International Limited |
China Construction Bank (Asia) Corporation Limited |
Chiyu Banking Corporation Limited |
Chong Hing Bank Limited |
Citibank (Hong Kong) Limited |
CMB Wing Lung Bank Limited |
Dah Sing Bank Limited |
DBS Bank (Hong Kong) Limited |
Fubon Bank (Hong Kong) Limited |
Fusion Bank Limited |
Hang Seng Bank Limited |
Industrial and Commercial Bank of China (Asia) Limited |
Livi Bank Limited |
Mox Bank Limited |
Nanyang Commercial Bank, Limited |
OCBC Wing Hang Bank Limited |
Ping An OneConnect Bank (Hong Kong) Limited |
Public Bank (Hong Kong) Limited |
Shanghai Commercial Bank Limited |
Standard Chartered Bank (Hong Kong) Limited |
The Bank of East Asia, Limited |
The Hongkong and Shanghai Banking Corporation Limited |
WeLab Bank Limited |
ZA Bank Limited |