⚠️ 🇮🇹 11/03/2024 - Open Banking connection is not available in Italy at the moment. All accounts that have requested an increase in their financing capacity will be contacted once this feature is available for Italy (coming soon).
After discovering your available credit (or financing capacity), you may want to have it reviewed upwards.
To do this, you can choose to provide us with more information via an Open Banking procedure.
How to increase my credit limit via Open Banking?
This process is available by clicking the 'Increase my credit limit' button in the financing section of your account.
🔎 A member of our team will contact you within 24 working hours to proceed with this process.
How does Open Banking allow HERO to increase your available limit?
Open Banking is a system that allows banks to securely share their customers' financial data with businesses or other banks via interfaces (APIs). This is only done with the customer's consent.
How Open Banking helps better estimate the limit?
With Open Banking, we can access real-time relevant financial information, such as your income, expenses, and banking commitments. This allows us to:
✅ Have a more accurate view of your financial situation.
✅ Assess your ability to pay your invoices.
✅ Better anticipate the risk of non-payment.
In summary, Open Banking improves our ability to assess a customer’s creditworthiness and better manage their limit. 😊