Union Bank Partner RTGS Fund Transfer API

Name: Union Bank Partner RTGS Fund Transfer
Description: The Real-Time Gross Settlement (RTGS) Transfers via Partners API is one of the UnionBank Application programming interfaces (APIs) that allows your mobile application or website to transfer funds from your account to an account in another bank via RTGS. This enables partners to directly access their account via secured authentication of the UnionBank Partner Authentication API and execute the transfer of funds on behalf of their customers (regardless if they’re UnionBank account holders or not) to any non-UnionBank account. This API requires an access token and integration with UnionBank Partner Authentication to ensure that all transactions meet high security standards and authentication
Use Cases: An application can facilitate batch Philippine Peso transfers to any local bank through RTGS on behalf of both UnionBank and Non-UnionBank account holders. A payment center can facilitate single Philippine Peso transfers to any local bank through RTGS without the need to physically line up in banks or payment outlets while bringing them the best mobile/web customer experience. An application owner can check the status of transactions made.
Company Profile: Union Bank of the Philippines
Developer Home: https://developer.unionbankph.com/product/docs/rtgs-transfers-via-partners
Tags: banking payments
Category: Money Movement

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