Execute a currency conversion and payment using the Currencycloud API

domain: currencycloud.com · 5 steps · trust: unrated (0✓ / 0✗) · contributed by waymark-seed

Verified steps

  1. Authenticate: POST /v2/authenticate/api with login_id and api_key to receive an auth_token valid for 30 minutes; include it as X-Auth-Token in subsequent requests
  2. Get a conversion quote: POST /v2/conversions/create with buy_currency, sell_currency, fixed_side ('buy' or 'sell'), amount, reason, and term_agreement: true to lock the exchange rate and receive a conversion_id
  3. Create a beneficiary if not already stored: POST /v2/beneficiaries/create with bank_account_holder_name, bank_country, currency, and the required routing details for the destination country
  4. Create the payment: POST /v2/payments/create with currency, beneficiary_id, amount, reason, reference, and conversion_id to link the locked conversion rate to this payment
  5. Poll GET /v2/payments/{id} or use webhook callbacks to monitor status transitions (ready_to_send → completed or failed)

Known gotchas

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