Concept Overview

  • 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.