Limits and Constants

Max Consent Validity Period

This is the maximum validity period allowed for a Long-lived Consent. This period is defined to be 1 year.

Max Authorization Time Window

The maximum allowable time from the Consent being submitted (i.e. staged) by the TPP to the LFI until the Consent is authorized by all required authorizers (one or multiple). This period is defined to be 30 days.

Max Submitter Authorization Time Window

The maximum allowable time from the Consent being submitted (i.e. staged) by the TPP to the LFI until the Consent is authorized by the User who is initiating the Consent via the TPP. In case of multiple authorizers, this will be the first authorizer in the authorization matrix. This period is defined to be 2 hours.

Max Fixed-defined & Variable-defined Payment Amount

The maximum allowable amount or amount limit of each payment that TPPs can populate in the Fixed-defined and Variable-defined Payment Schedule. This will be agreed between Users and TPPs.

Max Fixed-defined & Variable-defined Schedule Entries

The maximum number of pre-defined pairs of dates and payment amounts or payment amount limits that TPPs can populate in the Fixed-defined and Variable-defined Payment Schedule. This is defined to be 53.

Max VRP Payment Amount

The maximum allowable amount of each VRP payment for each Variable Recurring or On-demand payments. This will be agreed between Users and TPPs.

Max VRP Consent Cumulative Value

The maximum Cumulative Value of all payment initiations for the entire Consent validity period. This will be agreed between Users and TPPs.

Max VRP Consent Cumulative Payments

The Maximum Cumulative Number of all payment initiations for the entire Consent validity period. This will be agreed between Users and the TPPs.

Max VRP Cumulative Value per Control Period

The Maximum Cumulative Value of all payment initiations per Consent Control Period. This will be agreed between Users and the TPPs.

Max VRP Cumulative Payments per Control Period

The Maximum Cumulative Number of all payment initiations per Consent Control Period. This will be agreed between Users and the TPPs.

Max Inter-bank Payment Amount

The Maximum payment amount for inter-bank payments allowed to be initiated by a TPP using the UAE Open Finance Standard. This is currently equal to the maximum allowable payment value supported by the Aani Core platform.

Max Inter-bank IP/FXP Payment Amount

The Maximum payment amount for inter-bank IP/FXP payments allowed to be initiated by a TPP using the UAE Open Finance Standard.

End Date of historical data for Data Sharing Request

Description: The end date of the period of historical data that can be requested by TPPs and which MUST be sent by LFIs for Data Sharing Requests.

This will differ based on the industry sector of LFIs, as follows:

• Banking: LFIs MUST provide the historical data for the period that they are stored in their systems of record and are available to Users in the LFIs' existing online or mobile channels. As a minimum, all LFIs MUST be able to provide at least 24 months of historical data, if it exists.

• Insurance: LFIs MUST provide the historical data for the period that they are stored in their systems of record. As a minimum, all LFIs MUST be able to provide at least up to 5 years of historical data, if exist.

Actual FX Rate SLA

This is the period of time that LFIs will be keeping valid the actual FX rate used in the IP Payment Consent Authorization. TPPs MUST submit the Payment Initiation Request within this period, otherwise the LFI cannot guarantee that the payment will be executed with the agreed FX rate. The value defined for this is period is currently 5 sec.

Max SIP Payment Initiation Time Interval

This is the period of time that TPPs MUST submit the Single Instant Payment Initiation Request to the OFP. The value defined for this is period is currently 10 min. The OFP will reject the Payment Initiation Request is submitted outside this time window.

Max Bulk/Batch Payment Initiation Time Interval

This is the period of time that TPPs MUST submit the Bulk/Batch Payment Initiation Request to the OFP. The value defined for this is period is currently 10 min. The OFP will reject the Payment Initiation Request is submitted outside this time window.

Max FDP Payment Initiation Time Interval

This is the period of time that TPPs MUST submit the FDP Payment Initiation Request to the OFP. The value defined for this is period is currently 10 min. The OFP will reject the Payment Initiation Request is submitted outside this time window.

Max FX & Remittance Quote Generation Time Interval

This is the maximum period of time that LFIs MUST respond back to the FX & Remittance Quote Initiation Request message. This is currently set to be 5 sec.

Min FX & Remittance Quote Validity Period

This is the minimum period of time that LFIs MUST commit to the quoted FX rates and money transfer charges as the quote validity period, unless, the quoted values have been clearly defined as ‘Indicative’. The value defined for this is period is currently 15 min.

Payment Status Update (OFP SLA 2)

This is the time required by the LFI to update the Payment resource status, using a PATCH /payments/{PaymentId} endpoint, with the latest status update, after receiving a response from the Aani Core system. The value defined for this is period is currently 500ms. Note: This time period requires execution both from the LFIs and the API HUB. Therefore, the internal SLAs are defined to be:

• 250ms for the LFI from the point in time the LFI receives a response about the payment from Aani, until the LFI sends the PATCH /payments/{PaymentId} endpoint with the updated status.

• 250ms for the PATCH endpoint call to reach the Consent Manager and be processed by the API HUB to update the payment record.

Event Notification SLA (OFP SLA 3)

This is the time taken for the event notification POST {WebhookUrl} endpoint call to be initiated and sent to the TPP by the API HUB, following a change of status of the Consent resource or the Payment resource. The value defined for this is period is currently 500ms.

Schedule Payments Time Window

The time window during which TPPs MUST submit their scheduled payments on the Requested Execution Date or any day that is defined in the Recurring Payment Schedule or the defined payment schedule . The time window is defined to be between 1am and 6am on the specified date.

Single-use Consent Duration for Data

In the context of data sharing, a single-use consent refers to a short-lived consent valid for period of time from the time the User provides explicit Consent to the TPP. The value defined for this is period is currently 24 hours.

FX & Remittance Quote Extended Validity Period

This is the period of time that LFIs MUST extend the FX & Remittance services quote validity period, when Users are going through the dynamic account opening process. The value defined for this is period is currently 2 hours.

Me-to-me Payments (Single or VRP) Limit

The minimum value of the range is 5000 AED while the maximum value is equal to the Payment Scheme Limit or the LFI Channel/User Limit.

Third-Party Payments (Single or VRP) Limit

The minimum value of the range is 200 AED while the maximum value is equal to the Payment Scheme Limit or the LFI Channel/User Limit.

Open Beneficiary VRP Payments Limit

The minimum value of the range is 800 AED while the maximum value is equal to the Payment Scheme Limit or the LFI Channel/User Limit.

International Remittances Limit

The maximum value is equal to the Payment Scheme Limit or the LFI Channel/User Limit.

Delegated SCA Payments Limit

The minimum value of the range is 2,500 AED while the maximum value is equal to the Payment Scheme Limit or the LFI Channel/User Limit.