Funding an Account
Funding an account refers to the process of adding funds to a specific account or a financial instrument. It may involve various methods depending on the type of account and the financial institution or service provider.
Create Payment Order
POSTCreate the payment order in Transact for various scenarios like loan disbursement, merchant fee processing, prepay and loan repayment
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Amend attributes of a payment order that is yet to be approved by supervisor
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Delete a payment order awaiting supervisor approval
Delete Payment Order
DELETECancel an approved payment order that is in an awaiting status viz. Warehouse, Awaiting Funds
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Perform debit transactions in an account by providing debit amount and currency in which to be debited
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Perform credit transactions in an account, providing the credit amount and the currency in which to be credited
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Retrieve a specific order for a given payment order id
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Retrieve list of authorised payment orders based on a specific criteria
Change Line of Business
In the organization hierarchy, the line of business is defined to distinctly define different cost centers for bank, and align them later to a particular branch depending on its construct and requirement. This endpoint is used to update the line of business.
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Updates the type of line of business of the account