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Roadmap

Roadmap

Version

2.0

Publication Date

Jul 10, 2025

Classification

PUBLIC

1. Introduction

CBUAE Open Finance is being implemented in a series of phases. Standards and central platforms to support Open Banking were established in 2024. The current plan across 2025-2026 is set out below.

2. Plan for Implementers

The plan during 2025-2026 for implementers to follow is set out below and also serves to guide TPPs regarding the availability of functionality across customer segments.

3. Tier 1 Bank (Open Banking specific) Release Definitions

Release Functionality

Standards Version

Connect Specification Version

Delivery date expected

Release Functionality

Standards Version

Connect Specification Version

Delivery date expected

Retail - R1

  • Consent Management

  • Single Instant Payments

  • Confirmation of Payee

  • Balance Data

  • Customer Data

v1.2

v1.2-errata-1

v6

September 2025

Retail - R1+

Product Quotes:

  • Current Accounts

  • Savings Accounts

  • Credit Cards

  • Loans

  • Mortgages

v1.2

v1.2-errata-1

v6

September 2025

Retail - R2

  • Transactional Data

  • Variable Recurring Payments

  • Fixed Recurring Payments

  • Refunds

  • Future Dated Payments

  • Request to Pay

  • Delegated SCA

v1.2

v1.2-errata-1

v6

October 2025

Retail - R3

  • International Payments

  • Extended Transactional Data

SME - R3

  • Consent Management

  • Single Instant Payments

  • Customer Data

  • Confirmation of Payee

  • Balance Data

  • Transactional Data

  • Fixed Recurring Payments

  • Variable Recurring Payments

  • Delegated SCA

v1.2

v1.2-errata-1

v6

December 2025

SME R4

  • Future Dated Payments

  • Bulk / Batch Payments

  • International Payments

v1.2

v1.2-errata-1

v6

March 2026

Retail - R4+

Extended Data Sharing:

  • Credit Cards

  • Loans

  • Mortgages

ATM Locations

Uplift of all Retail and SME implementations to V2.1 of standards.

v2.1

v8

April 2026

Corporate R5

  • Consent Management

  • Corporate Data (Customer, Product, Transactional)

  • Corporate Payments (All Single, Recurring, Variable, International, Future Dated, Delegated and Bulk Functionality)

  • Confirmation of Payee

v2.1

V8

September 2026

4. Detailed Release Calendar

A detailed release calendar for Developers for the Open Finance Platform API Hub can be found here.

 

© CBUAE 2025