ProvXchange payments are payments between core and FBO ledger accounts at BankProv. ProvXchange payments settle in real time, and don’t have any daily or weekend cut-offs.
provxchange payments within Modern Treasury are originated from the internal_account representing the core, or standard DDA at BankProv. The payment may be sent to another core or FBO ledger account. FBO ledger accounts at BankProv are similar to Virtual Accounts.
|ProvXchange payment type||Originating account||Receiving account||Direction|
Note that only
credittransfers are supported.
See Payment Order Examples for an example of a ProvXchange payment.
Updated 6 days ago