Clients can convert funds to Indonesian Rupiah (IDR), Indian Rupee (INR), Malaysian Ringgit (MYR) or Philippine Peso (PHP) for payments to these four countries.Documentation Index
Fetch the complete documentation index at: https://developers-sandbox.uqpaytech.com/llms.txt
Use this file to discover all available pages before exploring further.
Supported Currency Pairs
Conversions are available from:- US Dollar (USD)
- UK Sterling (GBP)
- Euro (EUR)
- Australian Dollar (AUD)
- Canadian Dollar (CAD)
Weekend Trading
Yes, it is possible to get rates and trade the pairs listed above over the weekend.FX Tenors
T+0, T+1 (default), and T+2 are supported. Forwards are not available.Payment Costs
No, the recipient receives the full payment amount.Maximum Transaction Limits
| Currency | Limit |
|---|---|
| INR | 1,500,000 per day per beneficiary |
| IDR | 350,000,000 |
| MYR | 100,000 |
| PHP | 1,300,000 |
Payment Type Restrictions
Loan payments to Indian businesses and INR payments from India-domiciled senders are prohibited. Other business and all individual payments are permitted.Currency Conversion Back
These currencies may be converted back only in exceptional cases when payments fail and remaining funds must be recovered.Balance Holdings
No, you need to pay all funds immediately. Balances held over five days may be automatically converted.Failed Conversions
Failure to fund by settlement cutoff results in cancellation. Missed conversions may trigger automatic conversion subject to exchange rate changes.Local Payment Rails
| Currency | Rails |
|---|---|
| INR | IMPS (under 500,000); RTGS (above 500,000) |
| IDR | SKN |
| MYR | Interbank GIRO (IBG) |
| PHP | Instapay (connected banks, below 50,000); PESONet (otherwise) |
Additional Notes
- Payment traces and recalls are not supported for these currencies
- These currencies are not available by default and must be requested
- Access requires contacting support or a customer success manager