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Transfer Funds between Your Pockets (Same-entity)

Business Goal

Move funds in between two of your pockets, allowing to rebalance liquidity.

Note: as a result of this transfer, the current version creates T-bill Sell trades in the sending pocket and T-bill Buy trades in the receiving pocket. A future version will add an option to transfer securities between pockets without any new Sell/Buy trade.

Business Workflow Example

Customer systems:

  1. Get from Jiko the list of pockets with their balance information.
  2. Alternatively, get from Jiko the balance information for a specific pocket whose Jiko Id is known already by customer systems.
  3. Determine which pockets need funding and which pockets can provide funding.
  4. Send to Jiko a request to move funds between two pockets.
  5. Approve the transfer request.
  6. Monitor the execution status.
  7. Trigger additional actions, such as third-party payment initiation based on the received balance.

Relevant API Endpoints

StepPurposeJiko API Endpoints
1Initiate a transfer, using the following parameters:
• type = ON_US
• details.type = INTERNAL_REALLOCATION
Reminder: the transfer amount in field amount_usdc is represented in cents. Where value 10123 corresponds to USD 101.23.
POST /api/v1/transfer-requests/

Illustration

{
  "transfer": {
      "id": "7fe330b4-1c1c-4461-ab11-2d257e92126f",
      "type": "ON_US",
      "origin_pocket_id": "de0eb293-88ea-4e8b-97e2-505b516c4f2z",
      "amount": {
          "type": "REQUESTED_AMOUNT",
          "amount_usdc": 10123
      },
      "details": {
          "type": "INTERNAL_REALLOCATION",
          "destination_pocket_id": "844ab7f4-e94f-433b-9224-01cbe6585c00"
      },
      "description": "SEOUT 01"
  },
  "reviewers": []
}

Cancel a Same-entity Transfer request

See Cancel a JikoNet Transfer request.

Approve a Same-entity Transfer request

See Approve a JikoNet Transfer request.

Retrieve the Status of a Same-entity Transfer

See Retrieve the status of a JikoNet transfer request.