Transfer Volume Checks

Overview

Transfer volume checks enforce regulatory compliance for high-value external transfers. When a transfer amount exceeds a specified threshold, customers must upload supporting documentation before the transfer can be processed.

Threshold

Any transfer with an amount equal to or greater than 100,000 GEL (or its equivalent in other currencies) requires document submission.

Currency Conversion

If your transfer is in a currency other than GEL, the system automatically converts the amount to GEL using the current exchange rate to determine if it meets or exceeds the threshold.

How It Works

1. The system retrieves the current exchange rate
2. Your transfer amount is converted to GEL using this rate
3. The converted amount is compared against the 100,000 GEL threshold
4. If the converted amount ≥ 100,000 GEL, document(s) must be uploaded

Example

• Scenario 1 (Exceeds threshold): A transfer of 120,000 USD with a GEL/USD rate of 2.7 would be approximately 324,000 GEL, which exceeds 100,000 GEL and requires documents.
• Scenario 2 (Below threshold): A transfer of 30,000 USD with the same rate would be approximately 81,000 GEL, which is below 100,000 GEL and does not require documents.

Affected Endpoints

Transfer volume checks currently apply to:

• POST /developer-api/v1/transfer/external (both transfer types)
  • DOMESTIC_USD transfers
  • SWIFT transfers

Document Upload

When your transfer amount triggers the high volume requirement, you must include documents in your API request.

Document Parameter

Both transfer types accept a document_ids parameter in the request body:

{
    "transfer_external_type": "SWIFT",
    "swift": {
        "source_account_id": "...",
        "amount": "100000",
        "asset": "GEL",
        // ... other required fields
        "document_ids": ["document_abc123", "document_def456"]
    }
}

Document Requirements

• Documents must be uploaded before initiating the transfer. For each upload:
  1. Use the Generate Upload URL endpoint to retrieve the signed URL
  2. Upload your document via the Upload Document with the signed URL
• Each uploaded document receives a unique ID that you include in the document_ids array
• Supported file types: PDF, JPG, PNG, and other standard business document formats