(window.webpackJsonp=window.webpackJsonp||[]).push([[38],{342:function(e,t,n){"use strict";n.r(t);var a=n(10),r=Object(a.a)({},(function(){var e=this,t=e._self._c;return t("ContentSlotsDistributor",{attrs:{"slot-key":e.$parent.slotKey}},[t("h1",[e._v("Open Banking Specifics in Ireland")]),e._v(" "),t("h2",{attrs:{id:"authentication-flows-and-sca"}},[t("a",{staticClass:"header-anchor",attrs:{href:"#authentication-flows-and-sca"}},[e._v("#")]),e._v(" Authentication flows and SCA")]),e._v(" "),t("p",[e._v("Irish ASPSPs "),t("strong",[e._v("exclusively expose redirect‑based authentication flows")]),e._v(" that follow the UK Open\nBanking security profile. When a Third-Party Provider (TPP) starts an AIS or PIS journey, the\nPayment Service User (PSU) is sent to the bank's domain and completes Strong Customer Authentication\n(SCA) almost always inside the bank's "),t("strong",[e._v("mobile app")]),e._v(". Automatic "),t("strong",[e._v("app‑to‑app switching")]),e._v(" is now\nsupported by the big three domestic banks (AIB, Bank of Ireland and Permanent TSB) on Android and\niOS when their banking apps are present.")]),e._v(" "),t("h2",{attrs:{id:"major-banks-aspsps"}},[t("a",{staticClass:"header-anchor",attrs:{href:"#major-banks-aspsps"}},[e._v("#")]),e._v(" Major Banks (ASPSPs)")]),e._v(" "),t("p",[e._v("The most widely used Irish ASPSPs, in order of significance, are:")]),e._v(" "),t("ul",[t("li",[t("a",{attrs:{href:"#aib"}},[e._v("AIB")])]),e._v(" "),t("li",[t("a",{attrs:{href:"#bank-of-ireland"}},[e._v("Bank of Ireland")])]),e._v(" "),t("li",[t("a",{attrs:{href:"#permanent-tsb"}},[e._v("Permanent TSB")])]),e._v(" "),t("li",[t("a",{attrs:{href:"#revolut"}},[e._v("Revolut")])])]),e._v(" "),t("p",[e._v("A full list of Irish ASPSPs (as per EBA) is available "),t("a",{attrs:{href:"https://enablebanking.com/open-banking-apis?country=IE",target:"_blank",rel:"noopener noreferrer"}},[e._v("here"),t("OutboundLink")],1),e._v(".")]),e._v(" "),t("h2",{attrs:{id:"regulatory-specifics"}},[t("a",{staticClass:"header-anchor",attrs:{href:"#regulatory-specifics"}},[e._v("#")]),e._v(" Regulatory Specifics")]),e._v(" "),t("p",[e._v("In Ireland, "),t("strong",[e._v("credit unions are not required to provide PSD2-compliant Open Banking APIs")]),e._v(". This is\nbecause most Irish credit unions are "),t("strong",[e._v("not licensed credit institutions")]),e._v(" under EU law — they\noperate under the "),t("strong",[e._v("Credit Union Act, 1997")]),e._v(" and are regulated by the "),t("strong",[e._v("Central Bank of Ireland")]),e._v(" as\nfinancial co-operatives, not as banks. Although, PSD2 applies to credit unions when providing\npayment services, credit unions are exempt from the requirements to provide confirmation of the\navailability of funds and access to members' accounts to third party providers.")]),e._v(" "),t("p",[e._v("Because of this the vast majority of credit unions operating in Ireland do not provide Open Banking\nAPIs.")]),e._v(" "),t("p",[e._v("For more information please, consult with\n"),t("a",{attrs:{href:"https://www.centralbank.ie/regulation/psd2-overview/faq",target:"_blank",rel:"noopener noreferrer"}},[e._v("Central Bank of Ireland's FAQ on PSD2"),t("OutboundLink")],1),e._v(".")]),e._v(" "),t("h2",{attrs:{id:"payment-specifics"}},[t("a",{staticClass:"header-anchor",attrs:{href:"#payment-specifics"}},[e._v("#")]),e._v(" Payment Specifics")]),e._v(" "),t("p",[e._v("All Irish ASPSPs support initiation of "),t("strong",[e._v("SEPA Credit Transfers (SCT)")]),e._v(" in "),t("strong",[e._v("EUR")]),e._v(". Initiation of\n"),t("strong",[e._v("Instant SEPA Credit Transfers (SCT Inst)")]),e._v(" is not yet supported by incumbent Irish banks.")]),e._v(" "),t("h2",{attrs:{id:"specifics-per-aspsp"}},[t("a",{staticClass:"header-anchor",attrs:{href:"#specifics-per-aspsp"}},[e._v("#")]),e._v(" Specifics per ASPSP")]),e._v(" "),t("h3",{attrs:{id:"aib"}},[t("a",{staticClass:"header-anchor",attrs:{href:"#aib"}},[e._v("#")]),e._v(" AIB")]),e._v(" "),t("p",[e._v("AIB (Allied Irish Banks) performs SCA primarily through the "),t("strong",[e._v("AIB Mobile")]),e._v(" app. When an Open Banking\nauthentication flow originates on a mobile device with the AIB Mobile app, the redirect\n"),t("strong",[e._v("deep‑links straight into the app")]),e._v(", so users see no web login screen. Desktop users are shown the\nstandard Internet Banking page.")]),e._v(" "),t("h3",{attrs:{id:"bank-of-ireland"}},[t("a",{staticClass:"header-anchor",attrs:{href:"#bank-of-ireland"}},[e._v("#")]),e._v(" Bank of Ireland")]),e._v(" "),t("p",[e._v("Bank of Ireland performs SCA through the "),t("strong",[e._v("BOI Mobile")]),e._v(" app. When an Open Banking authentication\nflow originates on a mobile device with the BOI Mobile app, the redirect\n"),t("strong",[e._v("deep‑links straight into the app")]),e._v(", so users see no web login screen. Desktop users are shown the\nstandard Internet Banking page.")]),e._v(" "),t("p",[e._v("Since 2023 the legacy "),t("strong",[e._v("KeyCode")]),e._v(" app was replaced by the main "),t("strong",[e._v("Bank of Ireland")]),e._v(" mobile app for\nall Open Banking journeys.")]),e._v(" "),t("h3",{attrs:{id:"permanent-tsb"}},[t("a",{staticClass:"header-anchor",attrs:{href:"#permanent-tsb"}},[e._v("#")]),e._v(" Permanent TSB")]),e._v(" "),t("p",[e._v("Permanent TSB performs SCA primarily through the "),t("strong",[e._v("PTSB")]),e._v(" app. When an Open Banking\nauthentication flow originates on a mobile device with the PTSB app, the redirect\n"),t("strong",[e._v("deep‑links straight into the app")]),e._v(", so users see no web login screen. Desktop users are shown the\nstandard Internet Banking page.")]),e._v(" "),t("h3",{attrs:{id:"revolut"}},[t("a",{staticClass:"header-anchor",attrs:{href:"#revolut"}},[e._v("#")]),e._v(" Revolut")]),e._v(" "),t("p",[e._v("Revolut uses the redirect authentication flow with SCA through the Revolut app on a mobile device\nwith the app installed (automatic app-switch) and with SCA using combination of push message to the\nRevolut mobile app and SMS OTP. When authentication is performed on a device where the Revolut app\nis not installed, to authenticate users have to enter their phone number and their passcode to the\napp or scan the authentication QR-code using the device where the Revolut app is installed.")]),e._v(" "),t("p",[e._v("In Ireland, Revolut IBANs begin with "),t("strong",[e._v("IE")]),e._v(", and accounts are hosted in the Irish branch of Revolut\nBank UAB. Revolut supports initiation of "),t("strong",[e._v("SEPA Credit Transfers")]),e._v(" in "),t("strong",[e._v("EUR")]),e._v(", but does not yet\nsupport initiation of SCT Inst from Irish IBANs.")]),e._v(" "),t("h4",{attrs:{id:"revolut-account-type-coverage"}},[t("a",{staticClass:"header-anchor",attrs:{href:"#revolut-account-type-coverage"}},[e._v("#")]),e._v(" Account Type Coverage")]),e._v(" "),t("p",[e._v("Credit card accounts are available through the Revolut PSD2 API. However, they are only visible and\ncan be selected by the Payment Service User (PSU) when performing the consent flow directly in the\nRevolut mobile app. Credit card accounts do not appear in the Revolut web-based consent flow.")])])}),[],!1,null,null,null);t.default=r.exports}}]);