Monetary transactions
The branch of our transactions model for all transactions with a financial value
Summary
Within monetary transactions we model all transactions with a financial value.
Currently we model the following monetary transaction types:
- Bank payments
- Card payments
- Remittance (coming soon)
Our coverage will grow to include crypto, loans, and more.
Guide to usage
What’s covered at this level
Key fields for all monetary transactions include:
- Base value and value
- Reference text
- Payment channel
Transaction value
We provide fields to model Base Value and Value, each with amount and currency. The Base Value allows the system to compare 'apples to apples' across different currencies, while the Value helps investigators understand the original context of the payment.
- Base Value (Required): The transaction amount converted into your chosen default currency for the account (e.g., USD) to ensure consistent monitoring and rule application.
- Value (Optional): The original amount and currency of the transaction as it occurred at the source.
Fields
To view the fields and full details, visit the API docs for Create and process a transaction and explore transaction object > monetary.
Updated 16 days ago
Visit one of the monetary transaction types to understand the next level.