Changelog

New Requirement: Verification of Payee (VOP) for EUR Payments by EU Entities

We’ve added support for Internal Account Transfers (IATs), allowing Alternative Banking Solutions (ABS) entities to move funds between same-currency accounts under the same entity.

From the 1st of May 2025, purpose codes will be mandatory for CHAPS payments, in line with new Bank of England regulations.

We’ve released new Drawdown API endpoints to help you retrieve eligible open positions, submit drawdown requests, process payments, and get a detailed view of your trades and associated drawdowns. Here’s what’s new:

Our Payments API is now available to all Risk Management (RM) entities. Additionally, we've introduced 5 new endpoints to enhance reporting and streamline beneficiary management.

We are pleased to introduce the Held Rate endpoints, a powerful new addition to our API suite that enhances your ability to manage intra-day currency exposure risk with precision and flexibility.

We are thrilled to introduce two major additions to our API suite: the FX Hedging API and new Credit Reporting Endpoints. These additions are designed to provide enhanced tools for managing currency risk and gaining insights into credit utilisation and mark-to-market reporting.

We are pleased to announce the release of two new endpoints, which enhance the functionality of our API.

We are excited to announce the general availability of several new API endpoints. We believe these additions will greatly enhance your trading, payments, and reporting experiences.

Stay informed on all the changes we make to Alpha’s API.