These APIs enable corporate clients to update and inquire about the entry of credit information into one or more virtual accounts using their associated virtual account numbers. These APIs support bulk entry.
- Overview
- APIs Offered
- Use Cases
- Applications must get the token using the “Get Token API," which will provide the access token details. This token must be used for the subsequent interactions of RESTful APIs. Tokens will be valid for 180s
- Bulk support is against one CIF ID i.e. multiple entries can be updated in one batch referring to a single CIF.
- You may have to initiate a new batch for a different CIF.
- For enquiry CIF and Batch id mandatory.
This API allows the customer to make a manual credit entry into one or more associated virtual accounts using the virtual account numbers and inquire about the status of update.
NOTE:
Flow Chart
What operations can be performed?
1. initiateVirtualAccountEntries: This POST method allows the customer to make a manual credit entry into one or more associated virtual accounts using the virtual account numbers.
Request Headers:
Request Parameters:
Response Parameters:
Status Code Information:
2. virtualAccountEntriesEnquiry: This GET service enables the customer to make an inquiry request about the manual credit entry status in one or more virtual accounts associated with them.
Request Headers:
Request Parameters:
Response Parameters:
Status Code Information:
IMPORTANTS NOTES:
Mashreq’s Virtual Account Entry Update APIs are customer-exclusive APIs that are used to manually update and inquire about credit information in customer associated virtual accounts if there is a delay in updating information. This feature is designed to boost customer responsiveness.
Which APIs are offered?
- Virtual Account Entry Update API: This API provides the customer to make a manual credit entry into one or more associated virtual accounts using the virtual account numbers and inquire about the status of update.
NOTE: Virtual Account Entry Update APIs are customer-exclusive APIs that required additional approval from back office to subscribe
By utilizing Mashreq’s Virtual Account Entry Update APIs, businesses can manually insert the credit information entry into one or more associated virtual accounts, ensuring timely and accurate financial reporting and reconciliation
The client created virtual account number for their customers and transaction to streamline payment and enhance operational efficiency.
