For the time duration between payout creation and subsequent funding

For dashboard-initiated payouts:

• FX rates can be locked during the maker-checker approval flow
• Once approved, the payout executes using the locked rate
• This prevents rate fluctuation between creation and approval

To enable this feature, please contact [e-mail] or your dedicated account manager.

FX Behavior Based on Payout Type

Same Currency In to Same Currency Out (No FX)

Example:

• Holding balance: USD
• Payout currency: USD

Behavior:

• No FX transaction occurs
• If balance is insufficient:
  • Payout moves to requires funding
  • Can remain in this state for up to days
  • Automatically transitions to failed if not funded within this period

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Payouts Involving FX

Example:

• Holding balance: USD
• Payout currency: EUR

Behavior:

• If balance is insufficient at creation time:
  • Payout creation fails by default
• For flows where you need to:
  • Create payout first
  • Fund later
  • Involves FX
• Tazapay can enable a custom funding window. This configuration is enabled on request only.