FSDH PAY
FSDH PAY Fundamentals
What does this API do ?
Provides up-to-the-minute info on the ledger and available balance amount in each account.
What does it contain ?
Date and time of balance info, ledger and available amount, account number, account currency.
Additional information
Historical transaction information from previous days.
Transactions
What does this API do ?
Provides up-to-the-minute info on the transactions in a given account.
What does it contain?
Date and time of transaction info, account number, account currency, transaction amount, transaction currency, transaction reference ID, transaction description.
Additional Information
Historical transaction information from previous days
What does this API do ?
● Provides a way to trigger a bank to transfer money from an account to another account, usually in another bank, as a payment for goods or services rendered.
● Payment APIs are synchronous, so most processing issues or errors are discovered immediately as part of a request response, leading to much better exception handling.
What does it contain ?
Details on the sender and receiver, their bank accounts, the amount and currency, descriptions of the payment context (e.g., remittance, invoice number).
What other elements are important for it?
● A unique payment reference ID, to easily identify a specific payment.
● Immediate request response with each transmission providing confirmation bank received and is processing the payment.
● Provides numerous options for corporates to send funds based on individual payment needs (RTP, ACH, Wire) ensuring payment obligations are met all while limiting cost using low-cost options when available
What does this API do ?
Provides ability to enquire a bank about the status of a specific payment.
What does it contain ?
The status of the payment based on an identifier, which reflect the real-time condition of the payment initiation instructions including the status within various clearing systems and across intermediary banks.
What other elements are important for it ?
The payment reference ID is essential; For wire payments, it should include GPI / MT103 information for tracking a payment throughout a bank network.
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