All banks

Open for Federal Bank

Connect your Federal Bank current accounts to Open. Check balances, fetch statements into your ERP and make single or bulk payments — without logging in to Federal Bank net banking.

Built by
Open
Type
Private sector bank
Connection
Direct bank API
How it works

Bring Federal Bank into your ERP

  1. 1

    Connect your Federal Bank current account

    Choose Federal Bank in Open and complete the bank’s authorisation steps with your authorised signatory.

  2. 2

    Open fetches balances and statements

    Once access is active, balances and transactions from Federal Bank come in through the bank’s API — no net banking logins.

  3. 3

    Work inside your ERP and pay

    Statements land in your ERP for reconciliation, and approved payments go out from your Federal Bank account via NEFT, RTGS or IMPS.

Save up to 20 hours

of manual work every month — no portal logins, statement downloads or upload files for Federal Bank.

What you can do with Federal Bank

  • Real-time balances

    See Federal Bank balances next to every other bank you use.

  • Statements in your ERP

    No more downloading statements from Federal Bank and uploading files.

  • Single and bulk payments

    Pay vendors from your Federal Bank account and track each payment to settlement.

  • Faster reconciliation

    Match Federal Bank transactions against ledger entries inside your ERP.

About the bank

About Federal Bank

Type
Private sector bank
Based in
Aluva
Founded
1931

Federal Bank was founded in Kerala in 1931 and is headquartered in Aluva. It has a large presence in southern India, with business from Indians living abroad as well.

Private sector banks are where many companies keep their main operating and collection accounts, so a finance team often has several here across entities.

Federal Bank connects to Open directly through the bank’s own APIs, so your ERP and Federal Bank work together without file uploads or portal logins. Open takes care of audits, security and the day-to-day management of the connection, and keeps it running smoothly.

Corporate net banking

Federal Bank corporate net banking, and how Open fits

Federal Bank offers corporate net banking so a business can view its accounts, make payments and download statements. It covers Federal Bank only, with its own login, user set-up and approval steps, so a team with accounts at several banks ends up working in several portals.

With Open, your Federal Bank current account sits on the same screen as your other banks. Balances and transactions come in through the bank’s APIs, statements go to your ERP for reconciliation, and approved payments leave from your Federal Bank account via NEFT, RTGS or IMPS, with no portal login for day-to-day work.

See all connected banks › Try the multi-bank cash position tool ›

Can I manage my Federal Bank corporate account from Open?
Yes. Connect your Federal Bank current account to Open to see balances, bring statements into your ERP and pay vendors over NEFT, RTGS or IMPS, next to your other banks.
Do I still need my Federal Bank corporate net banking login?
Not for day-to-day work. Open connects to Federal Bank through the bank’s APIs, so you do not log in to Federal Bank net banking to check balances, fetch statements or make payments. The bank’s authorisation steps are completed once with your authorised signatory.

Bring your banks together. Get more done.

Connect your current accounts and start using Open through your dashboard, ERP or internal systems.