Investec Bank PLC

OB Standards

This Section applies to ASPSPs that have implemented OB Standards

-Have you Implemented OB Standards?	Yes No
Open Data - Which version have you Implemented?	None V2.2 V2.3 V2.4
Read/Write API Specification Implemented or planning to implement (Lowest version = Current, Highest version = Planned)	V3.0 V3.1 V3.1.1 V3.1.2 V3.1.3 V3.1.4 V3.1.5 V3.1.6 V3.1.7 V3.1.8 V3.1.9 V3.1.10 V3.1.11 V4.0	Business Accounts are written against 3.1.10 specification Private Client Accounts are written against the 3.1 specification. We are aim to complete our private client upgrade by mid 2024. All consumers will be required update there subscriptions to include our new API products. This can be done by logging into the developer portal or by updating your App if you registered via DCR.
Read/Write API - Which date are you planning to implement your latest version?		Business Accounts completed June 2023 We'll look to migrate Private Client Accounts in mid 2024
Have you implemented v4.0 information flows, if not date planned to Implement?	Already Implemented Planning to implement Not planning to implement
Dynamic Client Registration - Which version have you Implemented or planning to implement? (Lowest version = Current, Highest version = Planned)	None V3.1 V3.2 V3.3
DCR - Which date are you planning to implement your latest version?
Have you implemented Trusted beneficiaries, if not date planned to Implement?	Already Implemented Planning to implement Not planning to implement
Have you implemented Reverse Payments, if not date planned to Implement?	Already Implemented Planning to implement Not planning to implement
Have you implemented ECA Standard?	Already Implemented Planning to implement Not planning to implement
ECA Implementation details		Contact: [enter contact details for the relevant person(s) at your organisation] [You can use this space to provide your status with respect to the Standard]
Have you implemented Bulk/File Payments?	Already Implemented Planning to implement Not planning to implement
Have you implemented VRP – Sweeping, if not date planned to Implement?	Already Implemented Planning to implement Not planning to implement
Have you implemented VRP non-Sweeping, if not date planned to Implement?	Already Implemented Planning to implement Not planning to implement	Contact: [enter contact details for the relevant person(s) at your organisation] [You can use this space to provide implementation details relevant to VRP]
PISP - Single Payment Limit	£20k for High Income clients £1m for High Net worth clients	We perform checks on payments for security reasons and may call clients to verify information.
PISP - Daily Payment Limit	£20k for High Income clients £1m for High Net worth clients	We perform checks on payments for security reasons and may call clients to verify information.
How many months of transaction do you provide?	2 Years
Have you implemented TRIs (Transactional Risk Indicators), if not, date planned to Implement?	Yes	June 2024
What is your approach to Implementing TRIs?	Accept payload with TRI fields – Process all fields Accept payload with TRI fields – Ignore all fields Reject payload with TRI fields – Error back to TPP Accept payload with TRI fields – Process few fields (Provide list of accepted fields)	From June 2024 we will accept all TRI fields but will only process 'PaymentPurposeCode'. The codes we'll process are the recommended UK Purpose Code in ISO 20022 Payment Messaging List. As per the ISO 20022 requirement all payments relating to these types of payments need to include the appropriate payment codes. HLRP - Finance Property Loan Repayment HLST - Property Loan Settlement PLDS - Property Loan Disbursement PDEP - Property Deposit PCOM - Property Completion Payment PLRF - Property Loan Refinancing

SCA-RTS 90-day reauth Implementation

Which date are you planning on implementing the SCA reauthentication exemption?	Mid 2023
What is your approach to token management to enable application of the reauthentication exemption? (see link to FCA guidance)	With the inclusion of BCA in our product offering we'll update the token TTL to 365 days. This offering is currently in development and will be available with 3.1.10 specification Clients will have to re-authenticated after 365 days. We have deemed it a security risk to have open ended access to account information. Any consents granted to Private Client Accounts will have still have to re-authenticate after a 90 day period.	Example approach: Issue a long-lived refresh token during one final SCA, with refresh token rotation implemented. We will be upgrading our Private Client Accounts to the 3.1.10 specification in 2024.
Article 10A - Endpoints exempt of SCA-RTS	Accounts Transactions (90days) Balances Standing orders Direct debits Beneficiaries Products Offers Parties Scheduled Payments Statements
Article 10A - Endpoints not exempt of SCA-RTS	Transactions (more than 90days) Standing orders Direct debits Beneficiaries Products Offers Parties Scheduled Payments Statements
Article 10A - Maximum time period after authentication		Please specify the time period in minutes
SCA-RTS implementation status (updated by OBL PS team only)		Planned / In-progress / Implemented / TBC

Security Profile

-Which Security profile have you Implemented or planning to implement? (Lowest version = Current, Highest version = Planned)	OB Security Profile (Legacy) FAPI (ID2) FAPI 1 Advanced Other (Please define)	From end of November 2024 Investec Bank Plc will support FAPI (ID2) claims in our /token and /authorization. These endpoints will now validate the exp and nbf claims provided they are supplied in the requests independently and in isolation. From February 2025 we will make nbf and exp claims mandatory and validate the 60 min TTL Currently our live implementation is as follows If only the nbf claim is supplied we will validate it If only the expiry claim is supplied we will only validate that claim if neither claim is supplied we'll still process request New implementation from Nov 2024 both nbf and exp claims will still be optional If both claims are provided we'll validate both and validate that the exp claim is no longer than 60 minutes after the nbf claim Final implementation from Feb 2025 both nbf and exp claims will be mandatory if either claim is missing or time between both claims is longer than 60 mins we will reject the requests
Security Profile - Next Planned Version Implementation Date
CIBA Profile - Implemented or planning to implement (Lowest version = Current, Highest version = Planned)	None CIBA CIBA FAPI Profile
CIBA Profile - Next Planned Version Implementation Date
Security Profile Certification date?
Token Endpoint Authentication Methods Supported	client_secret_post client_secret_basic client_secret_jwt tls_client_auth Private_key_jwt
Planned date to Cease support for client id and client secret token endpoint authentication	TBC
POST-BREXIT POST TRANSITION - Certificates Accepted (from 1st Jul 2021)	eIDAS QWAC eIDAS QSealC OB legacy (obtransport, obsigning) OBWAC OBSeal Other (Please define)

Customer Journey

-What is your approach to Implementing OBL Customer Experience Guidelines (CEG)? (tick all that apply)	Already Implemented Planning to implement or upgrade Not planning to implement CEG
Which version have you implemented or planning to implement? (Lowest version = Current, Highest version = Planned)	V3.1.2 V3.1.3 V3.1.4 V3.1.5 V3.1.6 V3.1.7 V3.1.8 V3.1.9 V3.1.10 V3.1.11 V4.0
Which date are you planning to implement your latest CEG version?	TBC
Redirection Model	App to App redirection Decoupled authentication Embedded Flow Bespoke User Journeys	TBC depending on client usage of OB channel

PSD2

-Which Directory are you using as your Trust Framework?	Open Banking
Are you caching the Directory?	No
Transaction IDs Supported	No	Transaction ID's are a new field according to 3.2 specifications. We are currently still supporting 3.1
Are you Seeking Fallback Exemption?	Yes No
Article 10 - Maximum time period after authentication	The access token is valid for 10 minutes.	AISPs will be able to access Account information endpoints without SCA for a 90 day period.
Article 10 - Endpoints exempt of SCA	None	TPPs will be able to access Account information endpoints without SCA for a 90 day period.
Major Milestones	Business account offering in development using version 3.1.10
Brand(s)

ASPSP Dev Portal and Contact Details

Location of Well Known Endpoints	https://developer.investec.com/uk/home Developer Portal
Modified Customer Interface URL (if applicable)
Dev Portal URL	https://developer.investec.com/uk/home
Test Facility URL
Brand Landing Pages URL		[You can use this space to explain your guidance on using Brand logos]
ASPSP Support Desk Email or Phone Number (including queries about consent success rates)	openapi@investec.co.uk

Key Implementations

High Cost Credit	Investec - HCC.xlsx