GR-6.2.1

Islamic retail bank licensees that offer a customer account that is accessible online must have in place at least one interface which meets each of the following requirements:

(a) AISPs and PISPs must identify themselves in sessions with Islamic retail bank licensees;
(b) AISPs and PISPs must communicate securely to request and receive information on one or more designated payment accounts and associated payment transactions; and
(c) PISPs must communicate securely to initiate a payment order from the payer's payment account and receive information on the initiation and the execution of payment transactions.
Amended: July 2021
Added: April 2019