For payin flows, by default Zynklabs processes transactions only after fiat settles in the bank account which is provided as part of the deposit instructions of Simulate API.For certain jursidictions, like USD, the fiat settlement can take upto 1-3 business days when the transfer method is ACH. Even payment methods like WIRE or ACH pull can take significant amount of time depending on when the transaction is initiated. In these jurisdictions Zynklabs provides flexibility to partners to underwrite the risk of delays and advance settlement to end customers instantly.Partners can indicate in the Simulate API counterpartyriskflag=True to notify Zynklabs to advance crypto to customer instantly without waiting for the fiat settlement to take place.Please check with support team to understand the pricing configurations for True cases.
In case of any discrepancies in fiat settlement later, Zynklabs will recover amount from the partners.
To enable counterparty flag, please reach out to Zynklabs support.
