Accounts and money movement
PNSL works with two kinds of balances. Financing capacity is how much Axiym is willing to fund for a client. Received funds are money that has arrived at Axiym. They live on different accounts and change at different moments.
The accounts
| Account | Who owns it | What it holds |
|---|---|---|
| Credit account | The client | Financing capacity: creditLimit, principalOutstanding, availableBalance. One per currency and payment rail. |
| Client settlement account | The client | Funds received from the client and not yet used for repayment. Shown as balance on the credit account. |
| Your settlement account | The Payment Network | Unallocated funds (received by Axiym but not attributed to a client) and funds transferred from client settlement accounts. Listed by the Account API GET /accounts. |
| Funding destination | The Payment Network | Your bank account outside Axiym that receives disbursements, configured at onboarding as disbursementAccount. |
Credit account fields
| Field | Meaning |
|---|---|
creditLimit | The maximum Axiym will fund for this client, currency, and rail. |
availableBalance | Capacity left to fund another payment. |
principalOutstanding | Funded principal not yet repaid. |
totalRepaymentAmount | Everything currently due across the client's active receivables: principal, interest, and fees. |
totalInterestAmount | The interest part of totalRepaymentAmount. |
balance | Funds received from the client and not yet used for repayment. Absent until the client's settlement account exists. |
availableBalance is capacity, balance is received funds. Capacity is
restored when a repayment settles.
How money moves
- Funding lowers
availableBalanceand creates a receivable. The disbursement goes to your bank account. - Incoming repayment funds arriving at Axiym land on the client's settlement account when they can be attributed to the client, otherwise on your settlement account.
- Repayment moves funds from a settlement account to the receivable.
When it settles,
principalOutstandinggoes down andavailableBalancegoes up.
See Receivable and repayments for how funds are attributed and allocated.