XPay parameters

XPay transfers funds between CRB and an MPL account within the Cross River Operating System (COS). XPay transfers are executed internally within CRB and are immediate. Once funds are in the MPL account, they can use the funds in any of these use cases:

  • Fund 3rd parties to make the final payment to the borrower
  • ACH to merchants (Point-of-Sale payments)
  • Recycle a loan for a repeat customer
{
    "LoanId": "bbedd717-8589-4411-b6da-ac6e0097bf51",
    "Rails": [
        {
        "XPayFields": {
            "ToAccountName": "",
            "ToAccountNumber": "2392433617",
            "Description": "A1B2C3"
            },
            "RailType": "COSXPay",
            "Priority": 1,
            "Amount": 7111.12
      }
    ]
}

Request parameters

Attribute

Description

ToAccountNumber
string

The unique identifier of the receiver. This defaults to the COS account number.
Required

Description
string

A description of the transaction to be used by the partner to identify the transaction.
Minimum length of 1, maximum length of 30.
Required

ToAccountName
string

Name of the account receiving the funds.
Required


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