Q:
We need some help to figure out the exact meaning of your balance types. We receive the following balances: available_balance, booked_balance, value_dated_balance and opening_balance - can you explain their meaning?
A:
Please refer to our documentation:
Get list of accounts (Business Accounts API)
List Accounts (Corporate Accounts API)
Q:
Is credit_limit included in available_balance?
A:
Yes, credit_limit is included in available_balance.
Q:
Does booked_balance include both outgoing and incoming transactions?
A:
This is the balance based on the completed bookings at the time of query. It includes both incoming and outgoing transactions.
Q:
"Amount of credit extended to account holder beyond account booked balance” means that it is credit_limit minus booked_balance?
A:
It means that credit limit is not included in booked_balance.
Q:
How is the balance calculated for value_dated_balance?
A:
It depends on the value date of the transaction. It is the booked balance at the time of query minus all the transactions with a future value_date.
Q:
What is the mappings for the balance types found in Corporate and Business online banks?
A:
Please see below mapping:
API response: available_balance / CN UI: disponibelt belopp
API response: booked_balance / CN UI: bokfört saldo
API response: value_dated_balance / CN UI: valutadagssaldo
API response: opening_balance / CN UI: ingående saldo