1-Way ofx and Microsoft Money Microsoft Corporation June 3, 2005 What is 1-Way ofx?
|
|  Yüklə 0.98 Mb.
|
Open Financial Exchange SecurityType I security is not used for Active Statements.
Refer to the OFX specification for details when implementing Active Statements in International markets.
This does not apply to Active Statements. This does not apply to Active Statements.
This does not apply to Active Statements. This does not apply to Active Statements.
This does not apply to Active Statements.
Open Financial Exchange enables financial institution (FI) customers to keep their finances up-to-date and to manage their bank accounts conveniently in several ways. Customers can download transactions and update account balances on a daily basis. They can retrieve a closing statement that contains the same information that they are accustomed to seeing on a paper statement. They can transfer funds between accounts at a financial institution, either immediately upon going online or on a regular schedule. Customers can schedule transfers between accounts on a recurring basis and can transfer funds between accounts at different financial institutions. If necessary, customers can request a wire funds transfer. Open Financial Exchange also enables requests to stop payment on pending checks. Using customer notification, an FI can notify customers of important events regarding their accounts, such as returned checks or deposits. Open Financial Exchange supports banking for both consumers and businesses. Some customers might use some areas more heavily within Open Financial Exchange Banking (such as credit card download); other areas might be more appropriate for businesses (such as wire transfers). Yet all of the functionality defined for Banking is appropriate to some extent for both consumer and business applications.
Credit card data is available to Open Financial Exchange clients through the statement download facility. Statement download provides a way to download credit card transaction data and balances on an as-needed basis. Statement closing information can be made available to clients as well. This section describes several aggregates used throughout the Banking portion of Open Financial Exchange.
Open Financial Exchange uses the Banking Account aggregate to identify an account at an FI. The aggregate contains enough information to uniquely identify an account for the purposes of statement download, bill payment, and funds transfer.
The
Open Financial Exchange uses the Credit Card Account aggregate to identify a credit card account at an FI. The aggregate contains enough information to uniquely identify an account for the purposes of statement downloads and funds transfer.
The
This does not apply to Active Statements.
This does not apply to Active Statements.
This does not apply to Active Statements. The Transfer Processing Status aggregate contains the current processing status for a transfer. The interpretation of the date value depends on the value of
|