| Expand | ||||
|---|---|---|---|---|
| ||||
|
...
Below is a detailed breakdown of the average expected fees over five years for each tier of Bank and Insurer:
Institution Type | 5-year Average (AED) |
|---|---|
Tier 1 Bank | 1,064,000 |
Tier 1 Insurer | 60,000 |
Tier 2 Bank | 252,000 |
Tier 2 Insurer | 30,000 |
...
API Hub fees will be set at 2.5 fils per API call for all payment initiation use cases. Balance check calls If a payment transaction occurs within 2 hours of a Balance Check call or a Confirmation of Payee call, both the Balance Check and Confirmation of Payee calls will be set charged separately at 0.5 fils each (instead of 2.5 fils separately ), in addition to the 2.5 fils fee applied for the payment initiation calls.call
LFIs to TPPs charges
LFIs to TPPs charges are summarized below:
...
Call Type | Definition | LFIs to TPPs Charges |
|---|---|---|
Attended Call | Attended API calls represent the manual initiation of transaction data requests, requiring active user involvement and consent for each request. |
|
Unattended Call | Unattended API calls represented automated initiation of transaction data requests which can be used for scenarios such as data refresh. |
|
...
Call Type | Definition | LFIs to TPPs Charges |
|---|---|---|
Attended Call | Attended API calls represent the manual initiation of transaction data requests, requiring active user involvement and consent for each request. |
|
Unattended Call | Unattended API calls represented automated initiation of transaction data requests which can be used for scenarios such as data refresh. |
|
Note:
API calls are limited to Each API call comprises 100 lines of transaction data, with an age span of 13 months per call. If an API call returns more than 100 lines of transaction data, it will be charged as multiple pages.
3.2.2 Other Data Sharing Functionalities
...