Our API offers financial institutions a seamless way to execute, oversee, and reconcile transactions. Here is a structured breakdown of the features and functionalities available:
Sending Money Transfers
- Available Services for Sending a Transfer: Explore the variety of services tailored for initiating money transfers.
- Cost and Current Exchange Rate for Currency Conversion: Calculate the cost and obtain real-time exchange rates when currency conversion is necessary.
- Required Customer Fields for Each Service: This ensures all necessary customer information is available for each distinct service.
- Customer and Beneficiary Registration: Register both customers’ and beneficiaries’ details.
- Initiation of Sending the Transfer: Kickstart the transfer process with this function.
- Confirmation of Sending the Transfer: Obtain verification and confirmation for every successful money transfer initiated.
Money Transfer Payout
- Available Services for Payout: Explore the range of services designated for money transfer payouts.
- Searching the Money Transfer Ready for Payout: Locate ready-for-payout money transfers with ease.
- Initiating Payout: Employ this function to initiate the payout process for transfers.
- Confirmation of Payout: Confirm and verify successful payout transactions.
Transfer Management
- Transfer Refund: Initiate refund request for a transfer.
- Changing Beneficiary of a Sent Transfer: Update beneficiary details as required for sent transfers.
Reports
- List of Money Transfers for Daily Reconciliation: Access a list of money transfers for daily reconciliation.
- Details of the Money Transfer: Retrieve details pertaining to specific money transfers.
- Get Current Balance: Acquire real-time data on your current balances.
For further insights and technical specifications, please refer to our detailed API documentation here.