Services for Clients
- Online Banking Services & Help
- Audit Requests
- Commercial Cards
- Holiday Schedule
- Obtain Credit Reference for SVB clients
- Order Handling and Execution Policy
- Payment and Foreign Exchange Processing
- UK API Services
- UK Banking Terms and Conditions
- UK Branch Standard Tariff
- UK Interest Rates
- Xero Integration
UK API ServicesClients
Our API Services can give you additional control over your data and finances by enabling you to share your up-to-date current account information with a regulated third party provider (TPP).
This is achieved by making your information accessible to other regulated companies in a standardised and secure way – using what are known as Application Programming Interfaces or APIs.
By making your accounts available to a TPP, you could benefit from their services such as displaying your Silicon Valley Bank accounts in an aggregation site so you can view all your current accounts at the same time, enabling you to make better informed financial decisions. You can also make a payment directly from your SVB deposit account to online retailers or other parties through these authorised TPPs.
Clients who want to share their account information or make payments in this way need to give their explicit consent to the TPPs whose services they want to use. For every consent granted to a TPP to access an account or make a payment, the user will need to authorise this access via Online Banking.
TPPs must comply with data protection laws and must be registered or authorised with the Financial Conduct Authority (FCA). Your account data can only ever be shared with a TPP after you have given your explicit consent and Silicon Valley Bank will not share your information without your permission.
To find out more information about our API Services, you can click here.
Third Party Providers (TPPs)
SVB API Services enables integration of our interfaces into your application, delivering access to account and transactional data. You can, subject to being authorised by the Financial Conduct Authority (FCA) for the relevant regulated activities and receiving consent from a client, use it to view client account data and to initiate payment requests direct from their account.
By signing up for a developer account and receiving an access token, you can develop and test applications in SVB’s sandbox environment to simulate users of your application.
Any client using your application to access our API Services will be required to confirm they consent to your access, including the specific services you are requesting. This provides visibility on the data your application will be able to access or confirm that they wish you to initiate a payment request.
The following API Services are currently available for UK accounts:
- UK Authentication Services: APIs that enable AISPs and PISPs to generate access tokens and initiate user consent authorisation
- UK Account Services: APIs that enable AISPs to retrieve account information on behalf of an SVB client, subject to the client providing consent.
- UK Payment Services: APIs that enable PISPs to initiate Faster Payments on behalf of an SVB client, from their Silicon Valley Bank account.
In order to use the above services, you must be authorised to carry out the activities of Account Information Services and/or Payment Initiation Services under the Payment Services Regulations 2017.