PCA

Q: What does PCA stand for?

PCA stands for Personal Current Account. A Personal Current Account is a bank account held by an individual for personal use.

Q: How does PCA relate to Open Banking?

Personal Current Account is a key concept in the Open Banking ecosystem, falling under the Products category. A Personal Current Account is a bank account held by an individual for personal use. PCAs are a primary focus of Open Banking regulations, with mandated API access for account information and payment initiation services.

Products

Personal Current Account

Definition

A Personal Current Account is a bank account held by an individual for personal use. PCAs are a primary focus of Open Banking regulations, with mandated API access for account information and payment initiation services.

Related Terms

BCA

Business Current AccountA Business Current Account is a bank account held by a business entity. BCAs for SMEs are included i...

AIS

Account Information ServicesAccount Information Services allow third-party providers to access account data (such as balances an...

Frequently Asked Questions

What is Personal Current Account?

What does PCA stand for in Open Banking?

PCA stands for Personal Current Account. It is a fundamental concept in Open Banking and PSD2 regulations. A Personal Current Account is a bank account held by an individual for personal use. PCAs are a primary focus of Open Banking regulations, with mandated API access for account information and payment initiation services.

More Products Terms

BCA

Business Current AccountA Business Current Account is a bank account held by a business entity. BCAs for SMEs are included i...

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PCA