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Raiffeisen Bank Open API Portal

Product
Developers: Raiffeisen Bank
Date of the premiere of the system: 2021/06/23
Technology: Enterprise Portals

Main article: Application Programming Interface (API)

2021: Launch Open API Portal

June 23, 2021 Raiffeisen Bank announced the launch of an open API portal. With its help, corporate customers will be able to automate interaction with the bank and connect the services they need directly to their convenient interfaces, for example, their account system.

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"Digital products Raiffeisen Banks give customers easy and quick access to financial instruments. With the API, customers can use our services in environments that are convenient to them - be it ERP systems, any self-described accounting systems or treasury management systems. API is the next level of interaction with the bank, which gives significant advantages compared to the traditional file-sharing process, "said Anton Krasnenkov, head of remote banking services for corporate clients at Raiffeisen Bank.
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Connecting services through the API will allow enterprise customers using the services of several banks to receive all services in the same system window. Unlike interacting with banks through file sharing, the solution will allow you to see all status updates and balances in real time, which means more efficient use of data and faster processes. It also makes it possible to receive statements on a schedule, accelerating document flow, the bank explained.

To connect the service, you must complete the form on the site openapi.raif.ru. The bank specialist will contact the company representative and, after performing formal procedures, provide a technical description for the connection. The company will be able to realize it on its own.

In addition to the bank's own infrastructure, the services are also located in Yandex.Cloud, which ensures the stability and fault tolerance of their work. Cloud services fully comply with all standards of information security of the bank.

The list of available services will be constantly updated. For users of SAP and 1C systems, Raiffeisen Bank has its own solutions that allow you to take advantage of all the above opportunities without the need to perform integration work on the part of customers.