Open Banking will make it easier for you to compare the details of your accounts and other banking services across different banks in the Kingdom of Bahrain. Say you are looking for a new or better banking product, sharing your information with this new technology makes it easy to find the best product for your individual needs.
The following are two use cases as examples:
- Personal financial management applications - These can show you where your money is being spent and where it is coming from
- Aggregator applications - A single application providing full details of all your accounts across different banks in the Kingdom.