Finances

This section is intended for viewing all possible operations related to deposit, withdrawal and movement of funds on your clients' accounts.

Please note! For convenience, when creating a payment method and payment strategy, a filter by currency is implemented.

Deposit and withdrawal requests

The table showing all client requests for deposits or withdrawals is displayed here. Detailed information on the section is presented in the relevant article

Creating a deposit/withdrawal request

To create a request, just click the Deposit/Withdrawal button, after which a sidepage will open, where you need to enter the client account number, currency, its volume, as well as specify Client payment method and Broker payment method.

After clicking the Request deposit/Request withdrawal button, the corresponding record will appear in the section table.

Please note! The comment entered in the Internal comment field will not be displayed to the client. The comment can also be edited by clicking the Edit internal comment button in the row with the required query in the table.

Important: To be able to make a deposit or withdrawal transaction, the broker must have payment strategy set up for the selected currency (separately for deposits and withdrawals). The broker and the client must also have verified payment methods.

Please note! If the SWIFT code is entered incorrectly, the system will not allow you to withdraw funds from the account.

Pending payment methods

The tab displays payment methods, which are already created by clients in the system, but not yet approved by the administrator (broker).

All payment methods are initially displayed in this tab in the Draft status. The broker must select the payment method card, then click the Verification button. After that, the payment method can be rejected or accepted by clicking the corresponding button - Reject or Accept and confirming the operation in the window that appears.

By clicking on the three dots in the payment method card, the broker can also edit the payment details specified by the client.

Please note! To see the payment methods of a particular client in any of the existing statuses, you need to go to the Payment Methods tab in his/her profile.

Broker payment methods

The tab displays the valid payment methods of the broker. The payment methods specified here also can be found in the broker's profile in Access ➝ Profiles section.

In the Status filter, you can select the payment methods that are in the verification status you are looking for.

Currency filter allows you to select the payment methods only in desired currency.

Please note! If you click the Update button in the payment method and confirm the operation, it will go to the Update required status and will be unavailable to use until it is re-verified.

Adding the broker payment method

To add a broker payment method, you need to click on the Add payment method button, fill in the fields below in the sidepage and click on the Add button:

The Currency field allows you to specify the currency that will be used for the broker's payment method. The Strategy type field defines the purpose of the payment method—deposit or withdrawal. The Payment system field provides a selection of available payment systems on the platform.

• Beneficiary details:

Name	Description
Beneficiary name	Name of the recipient in the bank
SWIFT	SWIFT code of the commercial bank assigned in the international payment systemtransfer system.
Bank name	Name of the recipient’s bank
Bank/branch address	Address of the bank or its branch (optional)
Beneficiary address	Address of the payment recipient (optional)
Account number	Recipient’s account number in the bank
IBAN	International Bank Account Number

Please note! When creating a payment method, there's enough to specify Account number or IBAN.

• Correspondent bank:

Name	Description
Intermediary bank	correspondent bank name
SWIFT	SWIFT code of the commercial bank assigned in the international payment system
Intermediary bank account	correspondent bank’s account number

Please note! If one of the fields in the Intermediary bank block is filled in, the remaining mandatory fields must be filled in.

In the Payment method name field you can give the payment method an arbitrary name.

In the Select files or drop them here field, you can upload documents for verification as text or image, up to 10 megabytes in size.

Please note! Editing existing payment methods is not possible.

Also please note! The INN field of the payment method type CBRF allows entering 10, 12 or 14 characters.

Payment method confirmation

The payment method can be verified in the Payment methods of the selected profile in the Profiles section. The payment method can be either accepted or rejected after refreshing the page (F5).

If all information is filled in correctly - you can click Accept to accept the payment method.

If the payment method is set incorrectly or some information is wrong in it - click Reject to reject it, and then create a new payment method.

Payment strategies

Payment strategies are used to customize the parameters that allow users to generate deposit or withdrawal requests. By clicking the Payment strategies button, you can see the list of already existing payment strategies, as well as add a new one:

To add a new payment strategy, click Add strategy.

Currency For any payment strategy, only one currency can be assigned, which the user will use to deposit/withdraw funds.

You can also set the Real account ID - the account that displays the balance of the payment system.

In the Commission field you can specify a fixed commission that will be charged for withdrawal requests, if any. The account where commissions will be accumulated is specified in Commission account ID.

Payment strategies require the Payment account ID - ID of the payment service provider. This field is used to set up the account on which integration with this provider is configured. Specifying the account in this field will allow you to automate the processes of crediting and debiting funds using this Payment strategy.

Please note! In some cases, in addition to the fixed commission, a dynamic commission is added, which depends on the payment system.

TTL of commission - maximum period of validity of the received dynamic commission value, after which the user will not be able to complete the Withdrawal request formation. The user will have to generate a new request to get a new Amount value of the dynamic commission.

Payment system specifies through which payment systems the currency for which Payment strategy is created can be input/withdrawn.

Currently, several payment systems are available in the system:

• SEPA
• SWIFT
• CBRF

Asset transfer requests

The table contains information on submitted requests for the transfer of securities to their storage location (custodian):

The table contains the following fields:

Name	Description
ID	instruction identifier
Broker	broker identifier
Account	client's trading account
Direction	receipt or delivery of securities
Instrument	the instrument for which the instruction is created
Amount	amount of the instrument in the instruction
Custodian account	the custodian account specified in the request
Status	current status of the instruction
Trade settlement	ID of the generated trade settlements (for instructions in Verification in progress or Executed status)

Creating an asset transfer request

Clicking Add Asset transfer request will open a sidepage to create a new instruction, where you will need to fill in information about the details of the transfer as well as the custodian's information.

Information about the transfer details:

Name	Description
Profile	client's profile
Account	client's trading account
Direction	receipt or delivery of securities
Documents	supporting documents (for instructions to send)
Change of beneficial owner	in case of change of beneficiary a supporting document must be attached
Security	the asset for which the instruction is created
Volume	volume of the asset in the instruction

Please note! When you select an instrument, its ticker symbol and ISIN are displayed in the block.

Custodian information:

The following fields must be filled in the sidepage:

Name	Description
Custodian account	custodial account for transfer/receipt of securities
Email	contact person's email
Phone	phone number of the contact person
Contact person	contact person's name
Reason for securities transfer	reason for transferring securities
Additional info	additional information to the instruction
Transaction time	time of transaction creation in the system (optional)

For convenience, you can click the Set current button to set the current transaction time.