What is an Institution?

While Yapily integrates with many banks, within the platform Yapily refers to each of these banks as an Institution. This abstraction is necessary because certain bank split up their API endpoints based on personal and business accounts or even according to region e.g. Allied Irish Bank (ROI), Allied Irish Bank Business (ROI), Allied Irish Bank (UK) and Allied Irish Bank Business (UK) are all separate institutions. Similarly, there are several different Institution types that you can use on our platform:

There are three different types of Institution that can be setup: MOCK, SANDBOX and LIVE. Both MOCK and SANDBOX are for testing, while LIVE allows for connections to real consumer and business accounts.

About sandboxes

A sandbox is a test environment that allows you to connect your application to a bank and access test accounts to simulate the real Open Banking experience.

We provide preconfigured sandboxes for some major banks (also known as institutions). You can add these to your application and access these immediately, without needing any bank-specific registration or configuration.

You can also access sandboxes from other banks, but you may need to create a developer account with that bank, then configure their sandbox and add the appropriate credentials before you can use it.

Sandbox quality and functionality

Yapily is not responsible for the quality or functionality of sandboxes belonging to external entities.

The Yapily Mock sandbox is provided by Yapily, and includes features to help with automated testing. The Modelo (Ozone) sandbox is provided by the Open Banking regulators and is actively maintained.

Please see Yapily's guide on Institutions for more information.