Service Provider Agreements
AMC Banking operates under Service Provider Agreements with selected banks, providing a structured framework for bank integration aligned with each bank’s infrastructure, processes, security controls, and approval requirements.
What is a Service Provider Agreement?
A Service Provider Agreement is a formal arrangement under which a bank authorizes a third party to deliver specific services within the bank’s own integration and operational framework.
Under such an agreement, the service provider operates according to the bank’s defined infrastructure, processes, security controls, and approval requirements.
AMC Banking operates under Service Provider Agreements as part of its collaboration with selected banks. This enables AMC Banking to be recognized as an approved service provider within the bank’s framework, subject to the bank’s specific processes, controls, and approvals.
Your benefits at a glance
- Easier and more structured onboarding aligned with the bank’s standard process
- Clear roles and ownership between you, the bank, and AMC Banking
- Security and compliance aligned with bank requirements
- Less back-and-forth during setup
- A more predictable integration process
Current Service Provider agreements
AMC Banking currently operates under Service Provider Agreements with selected banks:
Integration models depend on the bank
Bank integration is not based on a single model. The setup depends on the bank and the selected communication method.
AMC Banking supports multiple integration models, including:
PSD2-based integration
- Governed by PSD2 regulation
- Typically requires a standard bank agreement (e.g. Netbank access)
- Based on secure API and consent-driven access
File-based integration (e.g. SFTP)
- Governed by separate agreements between the customer and the bank
- Requires explicit setup and approval within the bank
- Often used for structured payment and statement exchange
AMC Banking supports onboarding and implementation across these models in alignment with each bank’s requirements.
How it works
- You have a bank relationship
You are already a customer of the bank. - Service provider setup
AMC Banking is selected within the relevant bank framework. - Bank onboarding process
The bank initiates its internal onboarding and approval procedures. - Implementation & operations
AMC Banking supports technical onboarding, implementation, and ongoing operations in close collaboration with both customer and bank.