FAQs

Q: Some fees, such as the client setup fee, are not attached to an account type. How does the billing engine identify the currency of the fee?

A: The currency will be the clients default currency, which is set up in the company setting.

Q: Some fees are not attached to an account type (e.g. client setup fee, new user fee, etc.) how does the billing engine decide which account will be charged?

A: These fees will be charged from the main account of the fee's currency.

Q: What is the difference between interledger fee and internal transfer fee?

A: Inter-ledger is a payment scheme provided by each banking provider; for instance, in Railsr, payments made between accounts of the same partner product (not necessarily under the same owner) can go through the inter-ledger scheme.

However, internal transfer refers to the payment between own accounts, meaning the payments must happen between accounts under the same owner. And the payment scheme to be applied differs based on the account currencies of the source account and the destination account.