Confirmation of Funds


The Confirmation of Funds API enables Card Based Payment Instrument Issuer (CBPII) to confirm NewDay customer holds sufficient funds in the account by making a funds confirmation consent request. Access is only granted through consent provided by the customer (PSU). The customer can manage the funds' confirmation consent by checking and revoking the status.



Leads to more innovative payment products for consumer.

Enhanced user experience

Seamless and safe payment experience for customers to manage their finances.

How it works

Before you start, you must meet the regulatory requirements as an CBPII:
  1. 1
    Register with the relevant authority as an CBPII, the Financial Conduct Authority (FCA) in the UK, through their website.
  2. 2
    Register with the UK Open Banking Implementation Entity (OBIE) and have a valid transport and signing certificate uploaded on the directory.
  3. 3
    Register with NewDay as a third-party via the Dynamic Registration endpoint.


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