PBC

Operations

Primary Business Contact

Definition

A Primary Business Contact is an individual nominated by an entity to have access to the Directory and will be able to nominate other Directory business users. This should be a formal business point of contact and a senior member of staff responsible for systems and controls related to Open Banking.

Related Terms

Frequently Asked Questions

What is Primary Business Contact?

A Primary Business Contact is an individual nominated by an entity to have access to the Directory and will be able to nominate other Directory business users. This should be a formal business point of contact and a senior member of staff responsible for systems and controls related to Open Banking.

What does PBC stand for in Open Banking?

PBC stands for Primary Business Contact. It is a fundamental concept in Open Banking and PSD2 regulations. A Primary Business Contact is an individual nominated by an entity to have access to the Directory and will be able to nominate other Directory business users. This should be a formal business point of contact and a senior member of staff responsible for systems and controls related to Open Banking.

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