Payout Quote
Lock in the exact amount to be deducted for a payout. The API returns the fees along with exchange rates which will be applicable to the payout. The payout quote generated will be unique to your account.
- Holding currency refers to the balance currency. This is the currency whose balance will fund the payout. In case it is not specified in the request to create a quote, the holding currency will be determined based on this priority order.
- Payout Currency if the payout currency is one of the balance currencies for the account.
- Primary Holding Currency
- Destination Currency refers to the currency in which Tazapay will transfer funds to the beneficiary. In case it is not specified in the request to create a quote, the payout currency will be considered as the destination currency.
- Payout Currency and Payout Amount are mandatory requirements to generate a quote.
- The id returned in the response can be passed in the
quoteparameter in the Create Payout request to lock the exchange rates and amount to be deducted from the balance.
Authorizations
Basic authentication header of the form Basic <encoded-value>, where <encoded-value> is the base64-encoded string username:password.
Body
Type of the payout. Possible values - swift, local, local_payment_network, wallet, tazapay_account
Amount in payout currency
Object containing additional details if the payout_type is local
Amount in balance (holding) currency
Amount in destination currency (currency in which beneficiary receives the funds)
Object containing additional details if the payout type is local_payment_network
Object containing additional details if the payout type is wallet
Object containing additional details if the payout_type is `swift
Response
Unique identifier for the payout quote
Type of the object
Type of payout (e.g., local, swift)
Details about the holding currency and amount
Information about payout currency and amount
Information about destination currency and amount
Breakdown of fixed and variable fees
Exchange rates used in the payout quote
Timestamp until which the quote is valid (ISO 8601 format)
Status of the payout quote
Timestamp when the payout quote was created
Timestamp when the payout quote was last updated
