Is the Emirates NBD Open Banking connection regulated?

Yes. The connection is delivered under the UAE Central Bank's Open Finance Regulation issued in 2024. HIBR ERP is registered as a Third Party Provider (TPP) in the regulated sandbox and the production connection uses OAuth 2.0 with bank-side consent for every data scope.

Can HIBR initiate payments from my Emirates NBD account?

Yes, with explicit per-transaction or per-batch consent on the bank side. HIBR can submit supplier payouts and WPS SIF payroll files; you authorise each batch via the Emirates NBD app or BusinessONLINE before funds move. HIBR never holds your bank credentials.

Does this replace BusinessONLINE?

No — it complements BusinessONLINE. You still hold the Emirates NBD account in BusinessONLINE; HIBR consumes balances and transactions read-only, and pushes payment batches that you approve in BusinessONLINE. Most clients use HIBR for day-to-day reconciliation and BusinessONLINE only for approvals.

Emirates NBD Open Banking — HIBR ERP Integration

Emirates NBD is one of the UAE's largest banks and runs the country's most mature Open Banking developer programme. Following the Central Bank's Open Finance Regulation issued in 2024 — and Federal Decree-Law 14/2018 setting the framework for electronic payments — Emirates NBD opened a production-grade Open Banking API to certified Third Party Providers (TPPs). For UAE SMBs banking with Emirates NBD (which is most of them), this means HIBR ERP can pull live balances and transactions, push WPS payroll SIF files, and submit supplier payment batches with explicit per-batch consent — all without anyone uploading a CSV or screenshotting an account statement at month-end. HIBR ERP is registered as a TPP and the production connection uses OAuth 2.0 with bank-side consent for every data scope.

What this integration does

Live balance and transaction sync. Your AED current account, USD account, and any savings sub-accounts appear inside HIBR with sub-minute refresh. Pending and posted transactions are pulled separately so reconciliation is accurate.
Bulk WPS payroll submission. HIBR generates the SIF file in the format required by the Ministry of Human Resources & Emiratisation (MOHRE), pushes it via the Open Banking payment-initiation API to Emirates NBD, and you approve it once in BusinessONLINE or the EmiratesNBD app.
Supplier payout batches. Pay 50 suppliers in one click — HIBR builds the batch from your unpaid bills, submits to Emirates NBD, you approve, funds move. Each line auto-reconciles back against the originating bill.
FX rate visibility on multi-currency. For USD or EUR currents at Emirates NBD, the bank's prevailing FX rate streams into HIBR so multi-currency revaluations are accurate at period close.
Standing instructions sync. Recurring outflows you set up directly in BusinessONLINE (rent, utilities, loan instalments) appear in HIBR as scheduled transactions with the right expense GL pre-assigned.
Bank statement audit trail. A full PDF statement is auto-fetched at month-end and stored alongside the reconciled period — useful for FTA audits, where Federal Decree-Law 28/2022 on tax procedures requires bank evidence for VAT and CT.

Setup in 12 minutes

HIBR ERP → Settings → Banks → Add bank → Emirates NBD. HIBR redirects you to the Emirates NBD consent flow, where you choose which company accounts and which data scopes (balances, transactions, payments) to grant.
Authenticate on the Emirates NBD app. The bank pushes a notification to the authorised mobile app for biometric approval. The whole consent process takes about a minute.
Wait 4 minutes for initial sync. HIBR pulls the last 90 days of transactions and reconciles them against existing HIBR ledger entries automatically.
Confirm the WPS employer details. If you intend to use WPS payroll submission, HIBR validates your MOHRE Employer ID and the bank's WPS service mandate.
Test a 1 supplier payout (optional). Recommended before running real batches — proves the consent + approval flow end-to-end.

Use cases

Dubai logistics company running monthly WPS for 80 employees. Used to export salary data from spreadsheets, hand-craft a SIF file, and walk it into the Emirates NBD branch. With HIBR + Open Banking, payroll is calculated in HIBR (gross, EOSB accrual, GPSSA where applicable), SIF is generated automatically, and the company approves a single batch in BusinessONLINE.

Abu Dhabi contracting firm with 40 monthly supplier payments. Bills approved in HIBR, the firm's accountant builds a Friday payout batch with one click, the GM approves in the Emirates NBD app, and HIBR books the payments line-by-line against the originating bills the moment they post.

Sharjah-based holding with 4 subsidiary accounts at Emirates NBD. Each subsidiary has its own AED current. HIBR pulls all four under one Open Banking consent and produces a daily group cash position by 7 AM — replacing a manual exercise that used to take the finance lead 90 minutes every morning.

Pricing. The Emirates NBD Open Banking connection is available on HIBR ERP Pro (499/mo) and Enterprise. The Lite tier supports read-only balances via CSV import. Emirates NBD does not currently charge TPPs for API access — you pay only your standard banking fees, plus any per-transaction WPS or local-transfer fees you'd pay regardless.

Frequently asked questions

What happens if my Emirates NBD password changes?

Nothing breaks. HIBR never holds your bank credentials — the connection is OAuth-based with consent renewed at the bank side, not credential-based. A password change in BusinessONLINE has no effect on the data sync.

Is the consent renewable, or do I have to re-authorise often?

Under the UAE Open Finance Regulation, consent for ongoing data access is valid for up to 12 months and renewable. HIBR prompts you 30 days before expiry so reconciliation never pauses unexpectedly.

Can I connect more than one bank?

Yes. Most HIBR ERP customers connect 2–4 banks for redundancy and to separate operating, payroll, and FX-buffer accounts. See also the ADCB Hayyak, Mashreq NEO Biz, FAB Open Banking, and WIO Bank integrations.

Connect Emirates NBD to HIBR ERP

Live balances, transaction sync, WPS payroll submission, supplier payouts. All under the UAE Open Finance Regulation. Beta launches October 2026.

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