Financing Methods

End-point overview #

URL:

https://crm-api-test.10npay.com/api/v1/Individual/financing-method

HTTP Method: GET

Headers:

accept: application/json

Authorization: Bearer {token}

Example Request #

To make a request to the financing methods endpoint, use the following curl command:

curl -X 'GET' \ 'https://crm-api-test.10npay.com/api/v1/Individual/financing-method' \ -H 'accept: application/json' \ -H 'Authorization: Bearer {your_token_here}'

Note: Replace {your_token_here} with the actual Bearer token obtained from the /Auth/validate step.

Response: #

Status Code: 200 OK

Response Body: A JSON array of financing methods

Example Response

[
	{
		"label": "Funding by wire transfer from own account",
		"value": "1"
	},
	{
		"label": "Funding by wire transfer from joint/third party account",
		"value": "2"
	},
	{
		"label": "Funding with debit/credit card",
		"value": "3"
	}
]

Detailed Steps #

Call Financing Method Endpoint: Use the curl command provided to fetch the list of financing methods. This list is necessary for completing the KYC process as it helps identify the sources of funding for the account.

Parse Response: The response will be a JSON array of objects, each containing a label and a value. This information is used to populate the necessary fields in the KYC questionnaire.

Purpose of Fetching Financing Methods
The financing methods endpoint provides a list of predefined methods for funding the account. These methods are part of the mandatory KYC verification process to help financial institutions understand how the client plans to fund their account, aiding in risk assessment and compliance with regulatory requirements.

Snippet #