What is a bank account aggregation service? #Openbanking #PSD2 #XS2A
What functionalities are available for these accounts?
Consult account balance
The account balance is displayed in your account summary, together with your Spuerkeess accounts
Consult details of transactions
Transaction histories for the last three years are accessible on a dedicated screen.
Make transfers
Make payments from accounts held with Raiffeisen, POST, Banque de Luxembourg, BIL, ING and BGL directly using S-Net and S-Net Mobile. This feature will soon be available for other banks as well.
How do I integrate my account?
Step 1: Add your account
Log in to S-Net or S-Net Mobile and access your Account summary.
Click on the “Add an account” button and select the relevant bank.
Step 2: Consent
Confirm access to your third-party accounts using S-Net through LuxTrust authentication.
Step 3: Consult your account
Your third-party current account will now be visible in the list of accounts in your account summary.
To keep your account visible in S-Net, your consent must be renewed within 90 days at the latest.
