How to Bank API for Deposits?

Please note this sub-forum does not provide professional finance advice. You should seek advice from a licensed financial advisor.

To post in this sub-forum you must have made 100 posts or have Trust status or have completed our ID Verification.

If investing please consider our affiliate link for new accounts: Sharesies.

Forums › Finance and wealth management › How to Bank API for Deposits?

DonGould

3892 posts

Uber Geek

#209136 14-Mar-2017 10:00

I want to have a little web based PHP app check my bank account for deposits every 10 minutes.

I know that Xero can look into your bank accounts and so can other accounting software.

Is there an API for talking to individual banks?

Promote New Zealand - Get yourself a .kiwi.nz domain name!!!

Check out mine - i.am.a.can.do.kiwi.nz - don@i.am.a.can.do.kiwi.nz

1 | 2

meow
13240 posts

Uber Geek

Moderator

ID Verified

Trusted

Lifetime subscriber

#1736202 14-Mar-2017 10:02

No. Not going to happen.

Michael Murphy | https://murfy.nz
Referral Links: Quic Broadband (use R122101E7CV7Q for free setup)

Are you happy with what you get from Geekzone? Please consider supporting us by subscribing.
Opinions are my own and not the views of my employer.

DonGould

3892 posts

Uber Geek

#1736208 14-Mar-2017 10:21

michaelmurfy:

No. Not going to happen.

Why do you hold that view?

Promote New Zealand - Get yourself a .kiwi.nz domain name!!!

Check out mine - i.am.a.can.do.kiwi.nz - don@i.am.a.can.do.kiwi.nz

davidcole

6029 posts

Uber Geek

Trusted

#1736209 14-Mar-2017 10:22

You'd probably be more likely to be able to do it by hiring a friendly Nigerian prince to check you balance periodically. You've most likely got emails to this effect already.

In all seriousness, the banks are very unlikely to do this.

Previously known as psycik

Home Assistant: Gigabyte AMD A8 Brix, Home Assistant with Aeotech ZWave Controller, Raspberry PI, Wemos D1 Mini, Zwave, Shelly Humidity and Temperature sensors
Media:Chromecast v2, ATV4 4k, ATV4, HDHomeRun Dual
Server Host Plex Server 3x3TB, 4x4TB using MergerFS, Samsung 850 evo 512 GB SSD, Proxmox Server with 1xW10, 2xUbuntu 22.04 LTS, Backblaze Backups, usenetprime.com fastmail.com Sharesies Trakt.TV Sharesight

DonGould

3892 posts

Uber Geek

#1736213 14-Mar-2017 10:35

davidcole: In all seriousness, the banks are very unlikely to do this.

I don't understand why.

QCard send me emails weekly telling me the current available credit on my card.

Promote New Zealand - Get yourself a .kiwi.nz domain name!!!

Check out mine - i.am.a.can.do.kiwi.nz - don@i.am.a.can.do.kiwi.nz

PaulBags

809 posts

Ultimate Geek
Inactive user

#1736215 14-Mar-2017 10:37

I'd prefer TXT & email alerts were instant instead of hours later, and if they were you could probably find a way to auto check emails periodically.

michaelmurfy

meow
13240 posts

Uber Geek

Moderator

ID Verified

Trusted

Lifetime subscriber

#1736217 14-Mar-2017 10:42

DonGould:

michaelmurfy:

No. Not going to happen.

Why do you hold that view?

Massive fraud and security risk. Banks have locked down their API's to only a very small number of people (like Xero) for a reason. You could fetch the data directly from Xero but not from the bank.

davidcole

6029 posts

Uber Geek

Trusted

#1736218 14-Mar-2017 10:42

DonGould:

davidcole: In all seriousness, the banks are very unlikely to do this.

I don't understand why.

QCard send me emails weekly telling me the current available credit on my card.

Sending an email/sms out from the bank is a very different proposition from allowing an incoming connection - which is what you asked for.

You'd be better to ask them for please email/sms me when a transaction happens on my account.

Equinox IT

Cloud spending continues to surge globally, but most organisations haven’t made the changes necessary to maximise the value and cost-efficiency benefits of their cloud investments. Download the whitepaper From Overspend to Advantage now.

ANglEAUT

2320 posts

Uber Geek

Trusted

Lifetime subscriber

#1736229 14-Mar-2017 10:43

DonGould:

michaelmurfy: No. Not going to happen.

Why do you hold that view?

Security? Confidentiality? ROI / business incentives? Load & performance? Your bank account balance is not a share on the stock market. The balance won't update every X minutes.

Considering we only recently moved from overnight batch processing to "same hour" transfers between banks, you sir, are way ahead of the curve. IMO of course.

Changing the focus, what nifty little project are you looking to put together?

Please keep this GZ community vibrant by contributing in a constructive & respectful manner.

Benjip

943 posts

Ultimate Geek

ID Verified

#1736239 14-Mar-2017 10:56

Found this on the ASB website, but looks like you'd need to be a fairly grunty organisation to get access: https://developer.asb.co.nz/documentation

davidcole

6029 posts

Uber Geek

Trusted

#1736240 14-Mar-2017 11:00

Benjip:

Found this on the ASB website, but looks like you'd need to be a fairly grunty organisation to get access: https://developer.asb.co.nz/documentation

There's no "get my balances" api call listed there. Just generic product information.

Also I stand corrected. If your bank is ASB, submit a request for access to their API. If you can supply them with the information/security assurances they require there's no reason you can't try.

The others may or may not have published APIs also.

solutionz

589 posts

Ultimate Geek
Inactive user

#1736245 14-Mar-2017 11:16

Besides as others have mentioned using an official API (for certain banks) or third-party like Xero's API it's certainly not impossible, but it's certainly not simple (and will likely breach bank T&C's but hey this is Geekzone not Amaturezone ;-) ... )

Scrape your web banking account as others have done (see POLi and MoneyManager).
Reverse engineer the bank's mobile app API - they don't work on magic (probably my preferred option in your case).

EDITED: Clarification..

dfnt

1511 posts

Uber Geek

Lifetime subscriber

#1736246 14-Mar-2017 11:23

BNZ can send email alerts when money is deposited in your bank account, it's also pretty much instant

PaulBags

809 posts

Ultimate Geek
Inactive user

#1736249 14-Mar-2017 11:32

nas:
BNZ can send email alerts when money is deposited in your bank account, it's also pretty much instant

Define "pretty much"?

littlehead

214 posts

Master Geek

#1736255 14-Mar-2017 11:48

Both the company I work, and my personal banking is with BNZ. I work in finance/payroll, so I generally know when payments are being authorised/released. Usually within 30 seconds of the final authorisation going through, I get a txt on my vodafone phone that my wages have been deposited, as I have txt notifications for all deposits. Regularly I've seen it happen in less than 5 seconds. People know that when my phone chimes on pay day, it usually means they have been paid.

snowfly

543 posts

Ultimate Geek

#1736266 14-Mar-2017 11:56

I'm with BNZ too, and email/SMS notifications for me are a few seconds as well.

1 | 2