Quotation Rate Locking (Payout)

---

What is locked

A quotation locks, until expiration:

• the effective FX rate used for the quote
• the fees returned in the quotation
• the computed total amounts (source/destination)

---

Expiration

• The quotation includes an expiration_date.
• After expiration, you must create a new quotation.
• Transactions created after expiration are not guaranteed to use previous rates/fees.

---

Example

{
  "expiration_date": "2025-12-22T13:56:04.000Z",
  "status": "ONHOLD"
}

---

Best Practices

• Treat quotations as short-lived objects.
• Create the transaction soon after the user confirms.
• Surface the time remaining to the user.

---

See Also

• Create Quotation
• FX & Rate Locking