Step 5: fund your budget

Before you can transfer funds between budgets or exchange currencies, your budgets need to have a balance. In sandbox, you can simulate an inbound payment using the generate-credit endpoint.

This endpoint is for sandbox testing only and is not available in production. In production, budgets are funded by making a transfer from an external account to your budget’s settlement details. You can retrieve these settlement details by viewing a budget’s settlement details.

In this example, we’re crediting 200 GBP to the budget we created in step 3.

Sandbox

curl -i -X POST 'https://api-sandbox.equalsmoney.com/v2/budgets/generate-credit?accountId={accountId}' \ # Your account ID
  -H 'Authorization: ApiKey {apiKey}' \ # Your API key
  -H 'Content-Type: application/json' \
  -d '{
    "budgetId": "{budgetId}", # The ID of the budget you created in step 3
    "settlementPriceAmount": "200",
    "settlementPriceCurrency": "GBP",
    "remittersName": "Test Sender",
    "remittersAddress": "123 Test Street, London, EC1A 1BB",
    "beneficiaryName": "Test Beneficiary",
    "reference": "FUND-TEST-001",
    "schemeName": "FasterPayment"
  }'

If your request is successful, you’ll receive a 200 response and your budget will be credited with the specified amount.

{
  "boxTransactionId": 3765,
  "balance": {
    "runningBalance": "200.00",
    "availableBalance": "200.00"
  }
}

You’ll also receive a BoxCredited webhook for the budget.

If you’re planning to try out budget transfers or currency exchanges, make sure to fund at least two budgets — or fund a single budget with enough to cover both operations.

For more detailed information about this request, see the generate credits guide.

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Fund your budget

Step 5: fund your budget

​Step 5: fund your budget

Step 5: fund your budget