Malaysia Open Banking

Open Banking Implementation Framework

ActiveOpen BankingAsia

Malaysia's Open Banking framework requires financial institutions to provide API access integrated with DuitNow instant payment infrastructure. Phased implementation across account types. Use this page as a working reference when you compare banks, products, and regulatory timelines.

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Jurisdiction
Malaysia
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Effective Date
2022
Jun 1, 2022
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Full Compliance
2025
Jun 1, 2025
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Regulator
Bank Negara Malaysia

Overview

Malaysia's Open Banking framework requires financial institutions to provide API access integrated with DuitNow instant payment infrastructure. Phased implementation across account types.

Scope & Coverage

AISPISDuitNow

Key Requirements

1
DuitNow integration
2
Phased API rollout
3
TPP registration
4
Consumer consent

Key Notes

Building on strong DuitNow adoption. Digital bank licenses support ecosystem growth.

Official Resources

Related Regulations

Other open banking frameworks in Asia:

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