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Easy and efficient Confirmation of Funds

The Confirmation of Funds API can be used by developers of regulated, licensed third-party providers and financial institutions. It allows KBC to give a Confirmation of Funds to regulated card-based payment instrument issuers.

In certain cases, for example before executing a payment initiation, third-party providers may want to check an account holder’s funds with KBC. The third-party provider can ask KBC whether an account has sufficient funds for a certain transaction, and KBC will respond with a simple yes or no. The end customers have to give their explicit consent before this service can be used.

For further information, visit the business solution page for PSD2 Confirmation of Funds.

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