Block or Unblock Funds
Deposits | Deposit Transactions

Banks can block funds on a deposits account, in full or partially, for a specific or indefinite period of time.

  • Perform Fund Blocking
    POST

    Creates a funds reservation with details such as account number, block or reserve amount, period of hold transaction, reason for holding. Funds reservations are created to block or reserve funds which restricts any debit movements affecting the account balance below the blocked amount for the specified period on an account.

    json Download JSON
  • Update Fund Blocking
    PUT

    Update funds reservation with details such as account number, block or reserve amount, period of hold transaction, reason for holding. Funds reservations are created to block or reserve funds which restricts any debit movements affecting the account balance below the blocked amount for the specified period on an account.

    json Download JSON
  • Reverse Fund Blocking
    DELETE

    Cancels the funds reservation of an account. Funds reservations are created to block or reserve funds which restricts any debit movements affecting the account balance below the blocked amount for the specified period on an account. On removal of the funds reservations, the blocked or reserved amount is now available for usage.

    json Download JSON
  • Fetch Fund Block Details
    GET

    Retrieves the reserved funds details such as reason, amount and period of reservation of the account

    json Download JSON
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Change Product
Deposits | Deposit Maintenance

Changing product is the process of switching from one type of deposits product to another within same product group offered by the bank or financial institution that may involve additional fees and charges.

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