ICICI Bank ICICI Bank

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BEST FOR

Secure and seamless financial connectivity

  • View multiple bank accounts in one place

  • Easy domestic and international payments

  • Safe sharing of data with licensed third party providers

About Open Banking

What is Open Banking?

Open Banking lets you share your ICICI Bank Bahrain account information with licensed third-party providers without revealing your login credentials. With your consent, payments can also be initiated directly from your ICICI Bank accounts through TPP platforms.

Why has Open Banking been introduced?

The Central Bank of Bahrain (CBB) introduced Open Banking to give customers greater control over how their financial data is used and to expand access to innovative digital services.

Is Open Banking secure?

Yes. All TPPs must be registered or licensed by the CBB and cannot access your account without your explicit consent. Authentication is done securely, similar to Internet Banking login.

What information will be shared with TPPs?

Only the information you authorise will be shared. Depending on the type of TPP, this may include balances, account details, beneficiaries, transactions, or payment instructions.

FAQs

What type of third-party providers can access my information?

There are two types:

  • AISP – Account Information Service Providers, who can access account data like balances, transactions, and beneficiary details.
  • PISP – Payment Initiation Service Providers, who can initiate single domestic or international payments to India and provide payment status updates.

Will I still be able to use Internet Banking?

Yes. Open Banking is an additional service. Your account will never be shared unless you grant consent.

How do I provide consent?

When a TPP requests access, you will be securely redirected to ICICI Bank Bahrain's authentication page. After logging in and confirming permissions, the relevant data will be shared.

Where can I verify if a TPP is authorised?

You can check the list of licensed TPPs on the Central Bank of Bahrain (CBB) website.

What payments can be made using Open Banking?
  • Bahrain: Fawri+, Fawri, Fawateer, and future dated domestic payments
  • International: Transfers to India only

How can I withdraw consent?

You can revoke access directly on the TPP's website or app.

Am I automatically enrolled for Open Banking?

No. You are not opted in automatically. Consent is required for every service.

What happens if an unauthorised TPP accesses my data?

ICICI Bank may refuse access if the TPP is suspicious or unauthorised. If your security credentials were shared with an unauthorised party, you may be liable for resulting transactions. Always verify TPP authenticity before granting access.

 

 

 

T&Cs.

 

If you use a Third Party Provider (TPP), these General Terms will still apply. Based on your consent, we will give the TPP access to your account information and you will be able to make the same payments through the TPP that you’d make if you were dealing with us online. Account information will include details about who you make payments to and receive payments from. This might contain some sensitive personal information, e.g. Account Details, Beneficiary Details etc.

 

We may refuse a TPP access to your account, if we feel that the TPP is unauthorised or acting fraudulently.

 

You must check all necessary information provided by the TPP which proves that they are authorised. If you give your security details to an unauthorised third-party, we will assume that you are authorising us to give access to information about your accounts and you will be held responsible for any payments made as a result. If we are aware that an unauthorised third-party is using your security details, we will duly block access to your accounts.

 

If you think a payment made through a TPP was unauthorised or incorrect, you must contact us immediately.

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