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Legal Roles

In the international account reporting aggregation and payment instruction forwarding business, Fides acts as a representative of the account holder to the foreign bank.

This means that your customer, if he wants to use Fides services, has to sign a contract with Fides and release Fides as the account reporting receiver and/or payment instructions sender. The services refer to SLA, which Fides has signed with the international banking partners.

Branding Roles

Based on these legal restriction, the multibanking services must be sold as co-branded offering. Concerning the software kits, co-branded versions of the interfaces are possible.