API display name : Broker Fund Transfer

Description : This API is utilized to perform Fund Transfer by Agencies on behalf of a customer. CustID & Account Number of the From Account as well as the To Account need to be provided in request, in addition to the amount and the Broker Agency ID. The response provides status, whether transaction was successful.

Data Classification Details : NA

Protocol : REST

New User manual : HDFCBank_UserManual_Broker_Fund_Transfer_V1.3.docx

New OpenAPI specification : Broker_FundTransfer.yaml

What type of operation is the API expected to perform on Bank’s system? : 15

What will be the expected availability/ uptime for the API? : 2

Does the API handle any personally identifiable information (PII) of customer? : 5

Is the API meant for financial transactions? : 10

Does the API handle any sensitive information related to Bank or Partner? : 5

Will the API allow bulk data transfer? : 0

What is the encryption protocol used for the API? : 0

Does the API have a direct* impact on revenue for the Bank? : 10

What will be the estimated business value per month to be managed by the API? : 10

How many numbers of Partners are expected to be connected with this API? : 10