The API should be invoked only before the daily cutoff time. Any transfers requests initiated by the customer on the partner App/ Web application after the cut-off time must be held at the client's side and posted at BOD (Beginning Of Day) the next business day.

For currency-wise cutoff time applicable for all fund transfers, see cutoff time.

Applicable BOD time the next business day is 08:00 AM UAE time. 

The transaction will fail and the API will return an error response with 20124 response code.

There are daily transaction limits applicable for the API which needs to be enforced by the client on their App/ Web application. For information on applicable limits, see daily transaction limits.

Only within UAE AED payments are processed straight through. All other transactions would be processed after verification by RAKBank operations teams.

In case of failures or reversals, the amount would be credited to the customer’s account and credit notification would be sent to the partner through the Partner Notifications: Account Transactions API. The transaction amount may change based on the forex rate in the system at the time of failure or reversal processing.

Yes, you may retry upto 3 times with an interval of 60 seconds between every retry. Please ensure to pass the same transaction_id in the path for retry requests.