Terms & Conditions
1. Introduction
Welcome to the Open Banking Portal. By accessing or using this portal, you agree to be bound by these Terms and Conditions. If you do not agree, please refrain from using the portal. These terms govern your access to and use of Open Banking APIs provided by OPEN BANKING.
2. Definitions
- Portal: Refers to the Open Banking platform provided by OPEN BANKING.
- User: Any individual or entity accessing the portal.
- API: Application Programming Interface made available through this portal.
- Data: Information accessed, processed, or transmitted through the APIs.
3. Eligibility
Users must:
- Have legal authority to bind their organization, if applicable.
- Use the portal in compliance with applicable laws and regulations.
4. Use of APIs
Users are granted a non-exclusive, non-transferable, and revocable license to use the APIs provided through the portal. Usage must comply with:
- The documentation provided.
- Any applicable rate limits or quotas.
- Prohibited activities outlined below.
5. Prohibited Activities
Users must not:
- Use the APIs for unlawful purposes.
- Attempt to reverse-engineer, hack, or compromise the portal.
- Exceed usage limits without prior approval.
- Share access credentials with unauthorized parties.
6. Data Privacy
The portal complies with applicable data protection laws. Users agree not to misuse or expose sensitive customer data. For details on data collection and usage, refer to our Privacy Policy.
7. Intellectual Property
All intellectual property rights in the portal and APIs belong to OPEN BANKING. Users are granted no ownership rights over the APIs or any related materials.
8. Liability
The portal is provided "as-is," and OPEN BANKING makes no guarantees regarding availability or performance. OPEN BANKING is not liable for any damages arising from the use of the APIs or portal, except as required by law.
9. Termination
OPEN BANKING reserves the right to suspend or terminate access to the portal at its discretion. Users may terminate their use of the portal at any time by discontinuing API usage.
10. Indemnification
Users agree to indemnify and hold OPEN BANKING harmless from claims, damages, or losses resulting from their misuse of the portal or APIs.
11. Modifications
OPEN BANKING reserves the right to modify these Terms and Conditions at any time. Continued use of the portal signifies acceptance of the updated terms.
12. Governing Law
These terms are governed by the laws of [Jurisdiction], and disputes will be resolved in [Jurisdiction's courts].