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core v26.08.9-26.08.14
client v.26.08.4-26.08.5
Improvements
Accounts
Existing Zand user profiles will be updated to include mandatory KYC information for accounts created before these fields were required. This ensures that all existing accounts meet the current integration standards for individual and business profiles. The update will be processed automatically, and no manual action is required from the client side.
Payments
The payment preview for covered transfers now displays transfer fees in the coverage currency and provides a total debit amount that precisely matches the final transaction cost. This update ensures that the amounts shown during the payment process, including those for integrations like Nium, are consistent with the actual funds deducted from the account. These improvements eliminate discrepancies between the initial quote and the final amount debited from the user's balance.
Transfers
The interface for Local and Bank transfers via ClearBank and Clear Junction has been updated to streamline the payment process for CHAPS transfers. The fields for category purpose and purpose are now standard across these transactions, ensuring a more consistent experience when creating payments, drafts, or templates. No manual configuration changes are required to adopt this update.
Fixes
Accounts
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Transactions from iFast with long descriptions will now correctly import and synchronize with the system, ensuring that account balances and transaction histories remain accurate. This update resolves an issue where synchronization would fail due to character limits in transaction details. No additional configuration or action is required from the client.
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Zand accounts will now automatically activate once the required KYC documentation, such as a passport or Emirates ID, is verified. If the necessary data is not immediately available, the system will now automatically retry and complete the activation process as soon as the information is updated. This improvement ensures a smoother onboarding experience by eliminating the need for manual account activation.
Currency exchange
The currency rate history endpoint now includes validation to ensure the "to" date is not earlier than the "from" date. Instead of returning a successful response with empty data for invalid ranges, the API will now return a validation error. Clients should ensure that their requests provide valid date ranges to avoid receiving error responses.
Payments
Outgoing transfer fees for "Convert & Send" payments via Nium are now correctly charged to the coverage account in the coverage currency instead of the provider's transit wallet. This update ensures that transaction costs are accurately calculated based on your price lists and deducted from the correct funding source. Please ensure that fee collection accounts are properly configured for your coverage providers and currencies to avoid potential transfer rejections.
Transfers
Updated validation rules for Zand local transfers in the UAE now require the recipient's name to consist of at least two words and be no longer than 75 characters. These changes ensure compliance with the provider's requirements and include support for additional characters such as underscores. Clients should ensure that recipient names are provided in full to avoid transaction errors.