OpenMoney
  • Personal
  • Business
  • Corporate
  • Private Banking
  • Privy League
  • Solitaire
  • NRI Services
  • Investors
  • Personal
  • Business
  • Corporate
  • Private Banking
  • Privy League
  • Solitaire
  • NRI Services
  • Investors

 

Open is a connected banking platform designed for simplifying business payments and streamline reconciliation for businesses.

Beyond reconciliation, Open offers built-in tools for GST invoicing, collection online payments via payment links, tracking account payables and receivables, along with additional business tools for managing end-to-end payroll, expense management, and GST & tax filing directly from the platform.

Benefits

Reconcile Payments

Auto-reconcile payments with bills and sync seamlessly with your accounting software.

Track Financials in One Place

Monitor all bank balances, payables, and receivables easily on the Open dashboard.

Cashflow Insights

Stay on top of cashflow insights without logging in to multiple portals.

Steps to Connect

  • Log in to your OPEN Money account
  • Head to the Banking tab, and click on Connected Banking under 'Manage Banks'
  • Select Kotak Mahindra Bank and you will be redirected to Kotak’s website to authenticate the integration.
  • Login to Kotak Mahindra Portal
  • Enter the One Time Password (OTP) sent to your registered mobile number and click Verify.
  • Click Accept to provide your consent to link Kotak Mahindra Bank with OPEN Money and to accept the Terms and Conditions for enabling all accounts and services.

Functionalities live for Kotak Current Account

  • View Account Balance
  • View Statement

Ready to take the next step?

Collect payments easily, anytime, anywhere with kotak.biz app

Kotak Mahindra Bank and any of its directors, employees and personnel shall not be liable for any loss, damage of any nature including but not limited to direct, indirect, punitive, special, exemplary, consequential as also any loss of profit in any way arising from the use of the services offered by TallyPrime, Zoho Books, and OpenMoney. The recipient shall be solely and fully responsible/ liable for any consequence arising as a result of availing the services and agrees not to hold the Bank liable for any loss or damage upon utilizing the services of TallyPrime, Zoho Books, and OpenMoney. The Bank shall not be responsible in any way for the advice given by TallyPrime, Zoho Books, and OpenMoney, its employees, representatives, agents and consultants.