What is an OFS in T24 ?
In the T24 banking system, an OFS (Open Financial Services) is a standard messaging protocol used to interact with the core banking system. It allows users to submit transaction requests, inquiries, and data modifications directly to T24’s core. An OFS message encodes the logic and parameters necessary for executing specific operations, thus facilitating the integration of T24 with other banking systems or external services. Through this interaction layer, banks can automate, control, and secure their financial processes.
In the T24 banking system, an OFS (Open Financial Services) is a standard messaging protocol used to interact with the core banking system. It allows users to submit transaction requests, inquiries, and data modifications directly to T24’s core. An OFS message encodes the logic and parameters necessary for executing specific operations, thus facilitating the integration of T24 with other banking systems or external services. Through this interaction layer, banks can automate, control, and secure their financial processes.
