Dictionary - ZEN transfers API

INFO

Below you will find a list of all definitions used in this documentation. Whenever an element is described in the documentation with a capital letter, its meaning is consistent with the definitions provided below.

Payment - incoming or outgoing transfer.

Refund - transfer type associated with an outgoing payment.

Payment draft (draft) - a future outgoing payment, requires confirmation before it is sent.

Channel - the channel through which the payment is sent. We distinguish:

SEPA - domestic or foreign transfer made in EURO, within the Single Euro Payments Area (SEPA)

SWIFT - currency payment to a foreign bank (other than a SEPA transfer) made in a foreign currency or Polish zloty

LOCAL - payment using a national payment scheme (domestic)

Charge type - indication of the transfer sending mode:

OUR - for SWIFT informs that payment costs are the responsibility of the sender

SHA - for SWIFT informs that payment costs are shared between the sender/receiver

LOCAL - for SWIFT, local currency payment

STANDARD - for the LOCAL channel in RON currency, payment in standard time

INSTANT - for the LOCAL channel in RON currency, immediate payment

Purpose code - payment purpose code - required when making payments to selected countries, i.e. China, Bahrain, United Arab Emirates.

BIC - Business Identifier Code - an international code identifying a financial institution that is a participant of the SWIFT system and assigned by SWIFT.

RoutingCodeType - an alternative to BIC used in some countries for local payments.

RoutingCode - required for local payments if we have a routing code type instead of BIC.

Fees - fees for payment.

Sender - payment sender.

Receiver - payment receiver.

Account type - account type used to send payments. We distinguish:

GLOBAL - used for SWIFT payments

LOCAL - used to send payment using a national payment scheme (domestic), for channel LOCAL

INTERNAL - only used to send payment between accounts in ZEN.COM