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1. Description

This FX & Remittance service request enables TPPs to initiate FX & Remittance Quote Requests to a number of LFIs, providing them with all the necessary data required for producing “actionable quotes” and returning their details to the initiating TPPs. In the context of the Open Finance FX & Remittance quote initiation, the term “actionable quote” refers to a quote generated by an LFI, for FX conversion and/or Remittance services, and can be used by the recipient user to initiate an FX conversion and/or Remittance request at the FX rate & charges specified in the quote, subject to no change of the information provided to the LFI.

The FX & Remittance quote initiation can take place both with LFIs that already hold Users' accounts or with LFIs that do not currently hold any Users accounts. Therefore, for the FX & Remittance quote initiation Users do not need to provide explicit consent to TPPs for initiating the quotes with LFIs.

As part of the FX & Remittance quote initiation, Users may decide to action on a quote with an non-account holding LFI. In this case, the TPP will initiate the dynamic account opening request with the selected LFI, as this is defined in https://openfinanceuae.atlassian.net/wiki/spaces/standardsv2draft2/pages/309788673/Dynamic+Account+Opening.

The above functionality will enable the participation of FX Houses in the Open Finance program and promote a more competitive market environment where Users can benefit from the best FX deals available.

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Note

The FX & Remittance Services Quote capability is optional for LFIs. LFIs are not mandated to implement it, but they are able to do so on a voluntary basis for commercial, competitive or other reasons deemed appropriate.

1.1 Scope

The scope of the FX & Remittance Quote Initiation service is as follows:

1.1.1 Customer Segments

The scope of the FX & Remittance Quote Initiation service in relation to the customer segments is shown below:

Consumers

SME

Corporates

(tick)

(tick) (TBC)

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1.1.2 Functionality

The scope of the FX & Remittance Quote Initiation service from the functionality perspective is shown below:

FX & Remittance Quote Functionality (Initial Scope)

#

Functionality

Description

In Scope (Y/N)

  1.  

Create FX & Remittance Quote

  • The capability of TPPs to send FX & Remittance Quote Initiation request to multiple LFIs.

  • The capability of LFIs to receive FX & Remittance Quote Requests and provide their response of actionable quotes to TPPs.

(tick)

Retrieve FX & Remittance Quote

  • The capability of TPPs to use a FX & Remittance Quote Retrieve request based on an unique ID to retrieve all the relevant information of a valid quote from an LFI.

  • The capability of LFIs to receive a FX & Remittance Quote Retrieve request and respond back to TPPs with the details of the valid FX & Remittance Quote.

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Not required. TPPs can store the FX & Remittance Quotes as their validity period is usually short.

  1.  

Remove/delete FX & Remittance Quote

  • The capability of TPPs to send a Delete FX & Remittance Quote request to LFIs to delete a previously provided FX & Remittance Quote based on Users' request or automatically after Users' selection to action FX & Remittance Quotes from other LFIs.

  • The capability of LFIs to receive Delete FX & Remittance Quote requests and invalidate/delete a previously provided FX & Remittance Quote.

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Not required. LFIs can delete the quotes when they expire as their validity period is usually short.

Update FX & Remittance Quote

  • The capability of TPPs to allow Users to change some of their FX & Remittance requirements so that a previously received FX & Remittance Quote can be updated by submitting a FX & Remittance Quote Update request to FX Houses (or LFIs).

  • The capability of FX Houses (or LFIs).to receive FX & Remittance Quote Update requests and provide an updated quote that replaces a previous Quote and send its details back to the TPPs.

(error)

Not required. LFIs can generate new quotes if required.

  1.  

Approve/Reject FX & Remittance Quote

  • The capability of TPPs to allow Users to Approve a FX & Remittance Quote or Reject it. In the case of approval, this refers to the capability of actioning the FX & Remittance Quote and initiating the FX & Remittance service with the selected or LFI for the approved Quote.

  • The capability of LFIs to receive FX & Remittance service initiation requests from TPPs for the selected quote and proceed with the quoted FX & Remittance services.

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Quote Status update

  • The capability of TPPs to update the status of the FX & Remittance quote when the User selects a quote to act upon.

  • The capability of LFIs to get notifications when the status of an FX & Remittance quote resource has been updated by the TPP.

  • The capability of LFIs to update the status of an FX & Remittance quote resource.

  • The capability of TPPs to get notifications when the status of an FX & Remittance quote resource has been updated by the LFI.

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 1.2 Example User Story - FX & Remittance Quote Initiation

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As a User (Consumer or SME Business),

I want to provide a TPP with my FX & Remittance requirements and share this information with one or more FX Houses LFIs requesting their Quote(s),

so that I can effortlessly see and compare a number of FX & Remittance quotes from a variety of providers for my FX & Remittance needs.

1.3.Process flow

The below diagram depicts the high level process flow for the Open Finance X & Remittance Quote Initiation service:

FX Quote New 2.png

2. User Journey

3. Customer Experience

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3.1 Rules & Guidelines

#

Step

Rules & Guidelines

FXRQT-1

Collect Quotation Parameters

Basic Quote Parameters

TPPs MUST:

1.1 Enable Users to select/provide the parameters related to the FX & Remittance Quote they need to receive. These parameters include:

Additional Quote Parameters

TPPs MUST:

1.2 Enable Users to select/provide additional parameters related to the FX & Remittance Quote they need to receive. These parameters include:

FXRQT-2

Quote Review & User Confirmation

TPPs MUST:

2.1 Allow Users to review the quote parameters collected by the TPP that will be used in the quote initiation requests to the LFIs.

2.2 Enable Users to confirm that they are happy to proceed to the quotate initiation process, using the quote parameters presented by the TPPs.

2.3 Clearly communicate to Users that by confirming to proceed with the quote initiation process, they provide their consent to TPPs to share their identity information with the LFIs, if they have selected to receive personalized FX & Remittance Quotes.

FXRQT-3

Quote Initiation Requests

TPPs MUST:

3.1 Initiate the quotation requests to the target LFIs using the Open Finance Platform (OFP).

3.2 Submit to OFP the quote initiation requests with the Users' quotation parameters confirmed by the Users.

3.3 Generate multiple quote API requests, one for each LFI that is required to generate a quote based on the Users' preferences. The quote request API messages that will be sent to each LFI via the OFP will be the same for all LFIs.

Note: This is because the OFP does not have the capability of broadcasting a single API message to multiple recipients.

3.4 Each FX & Remittance Quote Initiation Request, will contain the information shown below:

  • FX Conversion details

    • Currency Pair: Base currency and Quote currency

    • Transaction Amount: Base currency amount or Quote currency amount

    • Settlement Account Identification (i.e. IBAN) (if applicable)

  • Remittance details

    • Payment Amount & Currency

    • Creditor Identification details

    • Debtor Reference (Optional)

    • Creditor Reference

    • External Payment Purpose Code

    • Payment Order Priority

    • Payment Charge Model

  • User’s identity information

    • Name

    • Emirates ID (or other official ID for expatriates)

    • Business license (if the customer is a corporate entity)

    • Contact details.

OFP MUST:

3.5 Allow TPPs to submit each individual quote initiation request without any additional MFA or authorization from the User.

3.6 Send the quote Initiation Request to each LFI for generating a FX & Remittance Quote using the Users' quote parameters included in the quote Initiation Request.

FXRQT-4

Quote Generation

LFIs MUST:

4.1 Be able to receive the FX & Remittance Quote Initiation Requests and use the Users' provided information to execute their FX & Remittance quotation process in near-real-time.

4.2 Check the User Identification details, if provided, and determine whether the FX & Remittance Quote request is for one of their existing users (i.e. account holders) or not.

  • 4.2.1 Populate the appropriate field in the quote indicating whether the Users generating the quotes are existing Users or not. This is only possible in the case the quote included User identification details.

  • 4.2.2 Provide any personalised or preferential exchange rates and remittance fees, if available, for quotes initiated from existing users already having accounts with the LFI. For the avoidance of doubt, if Users have specific agreements in place for non-standard pricing for the FX conversion and/or Remittance charges, LFIs MUST include these charges in the personalized quote.

    • 4.2.2.1 In case the existing User of the LFI has in place one (or more) forward FX rate agreements (e.g. future contract), in relation to any of the Users accounts, LFIs MUST also include these FX agreements in the provided quote, in addition to any other quoted FX rate.

4.3 LFIs MUST quote the same actual (deal) FX rate and charges as it would be offered to the User via the LFIs' direct channels such as mobile or online banking, for personalized and non-personalized quotes. when using the same quote parameters.

4.4 Be able to calculate the required FX conversion and money transfer charges for the different types of FX & Remittance services and include these in their quote response message.

  • 4.4.1 LFIs may also include any additional conditions, terms or limitations related to the FX & Remittance quote, if required.

  • 4.4.2 LFIs MUST include in the quote the validity period of the quote.

  • 4.4.3 LFI MUST commit to the quoted FX rates and money transfer charges for the full duration of the quote validity period, unless, the quoted values have been clearly defined as ‘Indicative’.

4.5 Generate and assign a unique quote id (i.e. reference number) for every quote they generate.

4.6 Populate the appropriate field in the quote indicating whether they support the dynamic account opening capability, in the case of identifying that Users requesting the quotes are not existing customers of the LFIs. This will allow TPPs to provide the appropriate messaging and guidance to Users of how to action the quotes from their LFI.

4.7 Respond with quotes to all quote initiation requests from every TPP, irrespective of whether they have a contractual agreement with the TPP or not.

4.8 Respond to each quote initiation requests by sending their quotation data in the response messages back to the OFP. The FX & Remittance quote will contain the information as per https://openfinanceuae.atlassian.net/wiki/spaces/standardsv2draft2/pages/309723219/FX+Remittance+Quote+Initiation#4.7-FX-%26-Remittance-Quote-Response

4.9 Delete all the quote parameters they have received a part of the quotation process when the quotes have expired and Users have not accepted and actioned the quotes from these LFIs.

OFP MUST:

4.10 Forward the FX & Remittance quotation responses back to the initiating TPPs.

4.11 NOT store any Users’ FX & Remittance quote data which have passed through as part of the quotation process.

FXRQT-5

Quotes Display to Users

TPPs MUST:

5.1 Display all the FX & Remittance quotation information and options to Users including any additional conditions and terms, and advise Users how to proceed in order to take action on the received quotes.

5.2 Allow Users to sort or filter the provided quotes based on a number of different preferences such as:

  • LFIs with existing accounts

  • Total Amount Payable/Receivable

  • Alphabetically

  • Transaction Fees

  • Exchange Rate

  • Validity period

  • Whether they support dynamic account opening or not (for non-existing Users)

5.3 Display the quotes in a neutral way as the default, in the cases Users have not selected any preference of sorting and filtering the generated quotes.

FXRQT-6

Quote Actioning

TPPs MUST:

6.1 Advise Users how to proceed in order to action on received quotes for the FX & Remittance services they selected.

6.2 Enable Users, who have existing accounts and contractual agreements with the LFI of the preferred quote, to use the received quote for initiating the quoted FX & Remittance services, as defined in TBC https://openfinanceuae.atlassian.net/wiki/spaces/Internal/pages/247627777/Open+Finance+Enhanced+FX+Proposition#5.4-Remittance-Service-Initiation

6.3 Enable Users, who do not have existing accounts and contractual agreements with the LFI of the preferred quote, to initiate a dynamic account opening service request and to be redirected to the LFI for completing the account opening, as per defined in https://openfinanceuae.atlassian.net/wiki/spaces/standardsv2draft2/pages/309788673/Dynamic+Account+Opening. This MUST only be applicable in cases that LFIs have indicated in their quote that they support the dynamic account opening capability.

  • 6.3.1 In cases where the LFIs have indicated in their quote that they do not support the dynamic account opening capability, TPPs MUST provide the necessary information to Users and advise User to engage directly with the LFIs for opening a new account.

6.4 Use the quote ID to update the status of the FX & Remittance Quote resource as “Accepted” by the User, when Users select a prefered quote for actioning in all cases except for the case defined in 6.3.1

FXRQT-7

Quote Status Update

LFIs MUST:

7.1 Notify the TPPs when a specific FX & Remittance Quote:

  • 7.1.1 Has been actioned by a User for the quoted FX& Remittance services

  • 7.1.2 Has expired and is no longer available for actioning either by a TPP or a User

7.2 Set the state of the FX & Remittance Quote resource to Completed in the case Users have completed the quoted FX& Remittance services.

7.3 Set the state of the FX & Remittance Quote resource to Not Completed in the case they are not able to action the quoted FX& Remittance services.

7.4 Set the state of the FX & Remittance Quote resource to Expired, in the case a Quote in Accepted state has not been completed in time and has expired.

3.2 Journey Variations

TBC

4. FX & Remittance Quote Initiation Common Rules & Guidelines

4.1 FX & Remittance Service Type

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TTPs MUST:

4.1.1 Allow Users to select the type of FX & Remittance Service for which they want to receive quotation from LFIs. The available types of services in the Open Finance scope are:

  • FX Conversion service only

  • Remittance (international money transfer) service only

  • Both FX Conversion and Remittance services

4.2 FX & Remittance Services LFIs

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TTPs MUST:

4.2.1 Provide Users with the list of available FX & Remittance Services LFIs that will be able to provide FX & Remittance Services quotes based on their selection of FX & Remittance Service type. For some combinations there may not be any FX & Remittance Services LFI that will be available for quotation. In this scenario, TPPs MUST inform Users appropriately and request them to select different FX & Remittance Service type.

4.2.2 Allow Users to select the FX & Remittance Services LFIs that they want to receive quotes from, based on the available LFIs, as stated in 4.2.1. If Users do not select any specific LFIs, TPPs MUST initiate and request get quotes from ALL LFIs onboarded in the Open Finance ecosystem for FX & Remittance Services.

Note: This is irrespective of having contractual relationships with the selected FX & Remittance Services LFIs or not.

4.3 Personalized FX & Remittance quotes

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4.3.1 Allow the Users the option to EITHER:

a) Get personalised quotes from LFIs. Users selecting this option provide explicit consent to TPPs to share their identity information (e.g. Emirates ID as per https://openfinanceuae.atlassian.net/wiki/spaces/standardsv2draft2/pages/309723219/FX+Remittance+Quote+Initiation#4.4-User%E2%80%99s-Identity-Information) with LFIs during the quotation process, OR

b) Get non-personalised quotes from LFIs. Users selecting this option do not allow TPPs to share their identity information (e.g. Emirates ID) with LFIs during the quotation process, even if TPPs already have the information.

4.4 User’s Identity Information

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TTPs MUST:

4.4.1 Be able to acquire User’s identity information such as the Emirates ID or passport number as a prerequisite for getting personalised quotes from LFIs. This may happen during the User onboard process or at a later stage, before requesting to get any personalised FX & Remittance quotes. TPPs MUST allow Users to provide this EITHER:

a) using a data sharing consent with an holding an account for the Users (as per TBC https://openfinanceuae.atlassian.net/wiki/spaces/standardsv2draft2/pages/304550037/Customer+Data#3.2.2-Data-Sharing-for-FX-%26-Remittance-Services)

b) manually, by entering this information via the UI.

In both cases TPPs are NOT required to validate the Users' identity information.

4.4.2 Be able to acquire the following Customer Identification details:

  • Name

  • Emirates ID (or other official ID for expatriates)

  • Business license (if the customer is a corporate entity).

  • Contact details.

4.5 FX Conversion Details

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TTPs MUST:

4.5.1 Enable Users to select/provide the parameters related to the FX Conversion of the quote, if they need this service. These parameters include:

  • Currency Pair: The two currencies that will be involved in the transaction (e.g., USD/AED, EUR/INR) with clear indication which is the base currency and which is the quote currency

  • Transaction Amount: The amount of the base currency to be exchanged or its equivalent in the quote currency

  • Delivery Instructions: The destination account or remittance details for receiving the funds, if applicable

4.6 Remittance Details

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TTPs MUST:

4.6.1 Enable Users to select/provide the parameters related to the Remittance of the quote, if they need this service. These parameters include:

Basic Remittance Details

Additional Remittance Details

4.7 FX & Remittance Quote Response

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LFIs MUST:

4.7.1 Respond to each quote initiation requests by sending their quotation data in the response messages back to the OFP. The FX & Remittance quote will contain the following information:

  • Currency Pair: The two currencies involved in the transaction (e.g., USD/AED, EUR/INR) with clearly indication which is the base currency and which is the quote currency

  • Exchange Rate: The rate at which the base currency will be exchanged for the quote currency. This could include, Bid Rate, Ask Rate and Spread (if applicable)

  • Transaction Amount: The amount of the base currency to be exchanged or its equivalent in the quote currency.

  • Transaction Fees: Any fees or charges applied by the LFI, such as Processing fees and Service fees itemised

  • Total Amount Payable/Receivable: The exact amount the customer will pay in AED or another currency and the amount they will receive in the target currency after deducting fees.

  • Purpose of Transaction: Purpose of the transaction (e.g., payment for goods, personal remittance, salary payment). Required to ensure compliance with (AML and counter-terrorist financing (CTF) laws in UAE.

  • Date and Time of Quote: The timestamp of when the quote was generated.

  • Quote Validity Period: The duration for which the quoted exchange rate is valid for.

  • Settlement Details: Details of when and how the settlement will take place. Includes:

    • Settlement Date: When the transaction will be completed (e.g., T+2 for spot transactions).

    • Payment Method: How the funds will be paid (e.g., bank transfer, cash, card).

    • Delivery Instructions: The destination account or remittance details for receiving the funds.

  • Customer Identification: For compliance with UAE regulations, the LFI must include the customer’s (if applicable):

    • Name

    • Emirates ID (or other official ID for expatriates)

    • Business license (if the customer is a corporate entity)

    • Contact details

  • Existing Customer Flag: Flag to indicate whether the quoted user is an existing customer of the LFI or not

  • LFI Information including:

    • The full name, address, and license details of the LFI

    • Statement of compliance with UAE Central Bank regulations.

  • Reference Number: A unique transaction or quote reference number for tracking purposes.

  • Terms and Conditions including disclosures about:

    • The LFI's liability in case of errors or delays

    • Refund and cancellation policies

    • Any additional legal or compliance information

4.8 FX & Remittance Quote Lifecycle States

 

CBUAE Insurance Quote Lifecycle - Algorithm flowchart example 3.png

 

A Quote moves between these states in its lifecycle:

  • Available: This is the initial state for all quotes. The TPP initiates a Quote Initiation Request via the OFP to the LFI - this creates the Quote object. The Quote is in a pending state waiting for the User to action it, by proceeding with accepting the Quote at the TPP. The Quote will remain in this state until:

    • a) it has been accepted by the User or

    • b) it reached the end of its validity and has expired

  • Expired: A Quote MUST move from the Available state to Expired when the Quote has expired its time duration of validity. Expired is a terminal state.

  • Accepted: In this state, the Quote has been actioned by the User and a Fx & Remittance services initiation request has been generated by the TTP to the LFI via the OFP. The Quote Consent will remain in this state until:

    • a) the Consent for the Fx & Remittance services initiation related to the quote has been fully authorized by the User

    • b) it has changed state to the Not Completed by the LFI

    • c) Expired waiting for Consent Authorization from the User

  • Not Completed: A Quote MUST move from the Actioned to the Not Completed state when the User has not provided to the LFI the authorization for the Fx & Remittance services initiation consent related to the quote. This is a terminal state.

  • Completed: A Quote MUST move from Accepted to Completed when the Consent for the Fx & Remittance services initiation related to the quote has been fully authorized by the User.

5. FX & Remittance Service Initiation

5.1 Example User Stories

5.1.1 FX Currency Conversion Service Initiation from LFIs

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As a User (Consumer or SME Business),

I want to provide my consent to a TPP to:

  • to use my payment account held with an LFI for initiating a Single Instant Payment of a fixed amount, in local currency, to my beneficiary account held at the LFI which provided my selected FX Services quote,

  • use my payment account held with the FX Services quoted LFI for initiating a currency conversion from local currency to the currency of my choice

so that I can pay take advantage of a completive deal on the FX currency conversion, as per the quote i have received.

5.1.2 Remittance Service Initiation from LFIs

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As a User (Consumer or SME Business),

I want to provide my consent to a TPP to:

  • to use my payment account held with an LFI for initiating a Single Instant Payment of a fixed amount, in local currency, to my beneficiary account held at the LFI which provided my selected FX Services quote,

  • use my payment account held with the FX Services quoted LFI for initiating a single International Payment (Remittance) of a fixed amount and of different currency to a cross-border beneficiary account owned by a business or an individual,

so that I can pay the relevant beneficiary easily while getting a completive deal on the FX currency conversion and the remittance charges, as per the quote i have received.

5.2 Process flow

The below diagram depicts the high level process flow for the Open Finance FX & Remittance Service Initiation:

5.2.1 Process flow

FX Initiation New 1.png

5.3 User Journey

FX Service Initiation Customer Jounrey New 1.png

5.4 Customer Experience

5.4.1 Initiate Funding Payment

FX Service Init Funding SIP 1.pngImage RemovedFX Account Funding Payment SIP 2.pngImage Added

5.4.2 FX & Remittance Service Initiation from a Quote

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5.5 Rules & Guidelines

#

Step

Rules & Guidelines

FXIN-1

Funding Payment

TTPs MUST:

1.1 Enable Users to initiate a “funding” payment from an existing LFI account to an account with the selected LFI for the FX Services based on a received quote. This may be either using a SIP as per https://openfinanceuae.atlassian.net/wiki/spaces/standardsv1dot2final/pages/277939953/Single+Instant+Payments or using a long-lived consent as per https://openfinanceuae.atlassian.net/wiki/spaces/standardsv1dot2final/pages/277940444/Multi-Payments. The destination account in this payment will be the User’s account in the LFI selected based on the received quote.

FXIN-2

FX Services Initiation Consent

TTPs MUST:

2.1 Acquire User’s explicit consent for the initiation of the FX & Remittance services with the selected LFI based on the received quote.

2.2 Display the full details of the FX & Remittance services details, as defined in the quote, before asking for explicit consent.

2.3 Display the FX Service Quote validity period to the User.

2.4 Include in the the Consent the unique FX Services Quote id (i.e reference number).

TTPs MUST:

2.5 Request consent for a single-use FX Services initiation consent, in direct relation to a quote.

  • NOT request Consent for long-lived International Payments (with or without FX conversion) when this is in direct relation to a quote.

2.6 Define in the the consent as the source account the User’s account at the selected LFI which has been defined as the destination account of the “funding” payment described in https://openfinanceuae.atlassian.net/wiki/spaces/standardsv2draft2/pages/309723219/FX+Remittance+Quote+Initiation#Funding-Payment

FXIN-3

Consent Staging

As per https://openfinanceuae.atlassian.net/wiki/spaces/3fd5ba01d7b34271a09d62a525791c2b/pages/304550424/Common+Rules+and+Guidelines#10.-Consent-Staging

FXIN-4

Hand-off to LFI

As per https://openfinanceuae.atlassian.net/wiki/spaces/3fd5ba01d7b34271a09d62a525791c2b/pages/304550424/Common+Rules+and+Guidelines#11.-Hand-off-to-LFI

Example wording to use: ‘We will securely transfer to YOUR LFI to authorize and make the payment“.

FXIN-5

Authentication

LFI Authentication Only

LFIs MUST:

5.1 Enable Users to perform authentication with their LFIs, as per the following sections:

5.2 Re-direct Users back to the TPPs, with information that the Consent has not been authorized, if User Authentication has failed or Users opted to cancel the authentication/authorization process.

Centralized Authentication and Authorization (Federated) Only

5.3 As per Centralized Authentication and Authorization

FXIN-6

Authorization

LFIs MUST:

6.1 Display to Users the full details of the FX & Remittance services Consent.

6.2 Request Users to review and authorize the Consent before the FX & Remittance service initiation can take place.

6.3 Confirm to the OFP that the Consent has been authorized by all required authorizing Users.

OFP MUST:
6.4 Confirm to the TPPs the consent has been authorized by all required authorizing Users.

FXIN-7

Hand-off back to the TPP

As per https://openfinanceuae.atlassian.net/wiki/spaces/3fd5ba01d7b34271a09d62a525791c2b/pages/304550424/Common+Rules+and+Guidelines#14.-Hand-off-back-to-the-TPP

FXIN-8

FX Services Initiation

TTPs MUST:

8.1 Initiate the quoted FX & Remittance services in accordance with the authorized consent, without any further User involvement.

LFIs MUST:

8.2 Trigger the FX services initiation process for the FX Services Consent immediately after receiving the payment initiation request from the OFP.

FXIN-9

FX Services Status Update

LFIs MUST:

9.1 Update the status of the initiated FX & Remittance services resources based on their progress to completion.

TTPs MUST:

9.2 Check the status of the initiated FX & Remittance services for any updates and changes in their progress to completion.

FXIN-10

Confirmation to User

TTPs MUST:

10.1 Provide confirmation of the FX Services initiation to Users and updates in relation to their progress towards completion.

FXIN-11

Payment Notifications

As per https://openfinanceuae.atlassian.net/wiki/spaces/3fd5ba01d7b34271a09d62a525791c2b/pages/304550424/Common+Rules+and+Guidelines#17.-Payment-Notifications

5.5 Journey Variations

5.5.1 FX & Remittance Service Initiation from a Quote

TBC