All Partners using the GloRemit API will be assigned with a Tranglo Partner e-wallet Account with USER ID and Password.
Tranglo will accept Partners system request and deduct e-wallet for every successful remittance or bill payment operation. A successful remittance or bill payment means the fund and information is accepted by GloRemit AMLA/KYC policy and successfully sent from Sender Partner to the Beneficiary Partner or Banks within the agreed duration.
Tranglo shall notify the transaction status either in asynchronous or synchronous manners dependent the Beneficiary Partner channel. All transaction is reconciled automatically with corresponding GloRemit Transaction Number (GTN).
Transaction that failed to reconciled will be automatically be considered as a Dispute transaction
Tranglo will not execute remittance operation if e-wallet falls below the agreed minimum threshold
Partners are expected to top up the e-wallet when the balance falls below the agreed minimum threshold to ensure smooth operation and minimum disruption.