Create payment orders and expected payments with Modern Treasury

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

Verified steps

  1. Authenticate all requests with HTTP Basic Auth using your organization ID as the username and your API key as the password
  2. Create a Payment Order: POST /api/payment_orders with type (e.g. 'ach', 'wire', 'rtp'), direction ('credit' or 'debit'), amount in cents, currency, originating_account_id, and counterparty receiving_account details
  3. For ACH, specify subtype ('ach' for next-day or 'ach_same_day' for same-day) and include the effective_date if scheduling in advance
  4. Create an Expected Payment: POST /api/expected_payments with amount_upper_bound, amount_lower_bound, direction, currency, internal_account_id, and optionally counterparty_id or remittance_information to aid matching
  5. Modern Treasury will attempt to automatically reconcile incoming transactions against expected payments; check the reconciliation_method and ledger_transaction linkage on matched transactions via GET /api/transactions

Known gotchas

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