Account Settlement
Account settlement information outlines the details of how an account balance is paid or settled, either by the account holder or by a third party. This information can include the amount of the payment, payment method, payment date, and any associated fees or charges.
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Update the settlement conditions of the account such as payin account, payin percentage, payin amount, payout account, payout percentage, payout amount, etc
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Retrieves the settlement details for the given arrangement such as payment type, payin account, payin percentage, payin amount, payout account, payout percentage, payout amount, etc
Change Exchange Rate
You can update the exchange rate when there is a cross-currency involved and by considering facilities and drawings in different currencies.
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Given the scenario, when there is a cross currency involved considering facility and drawings in different currencies, exchange rate is applicable and the same is updated using the exchange rate functionality. Exchange rate property class is to define the Exchange Rate (FX), rate tolerance and prior days, advance FX fix activity, and so on to support the advance FX fixing requirement. Drawings created other than the facility currency, the exchange rate defined under the exchange rate property should be applied. User should be able to retrieve the exchange rate details updated with this API.