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Liberalised Remittance Scheme v1

contains 6 APIs

The LRS API help brokers/fintech to collect funds from their clients in a compliant and seamless manner. This is done on their own application.



APIs

6 APIs used

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lrs-outwardRemittance-v1

API display name : LRS Outward Remittance v1
Description : To create and process the instruction for outward transaction from India to other countries.
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lrs-uploadDoc-v1

API display name : LRS Upload Documents v1
Description : To upload the documents to HCP.
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fx-rateInquiry-v1

API display name : FX Rate Enquiry v1
Description : To fetch Forex currency exchange rate.
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otpGen-basisAccNo-v1

API display name : Customer Pre Auth v1
Description : To generate and send the OTP to the mobile number registered against the account number.
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hdfcbank-oauth-v1

API display name : OAuth Proxy v1
Description : OAuth Proxy v1 With customized expiry and multi-use token capability
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FX_Rate_Enquiry API is invoked to fetch the Forex currency rate.

Pre-Authorization API is invoked to fetch the mobile number registered against the provided Account number and initiate OTP request to that number.

Authorization API is invoked to validate the OTP generated in Pre-Authorization API.

LRS_Outward_Remittance API is invoked to initiate a outward foreign remittance. The money is debited in INR from Indian account and credited to foreign account in the respective currency.

LRS_Upload_Documents API is invoked to upload the documents related to the Outward transactions to HCP server.

Enabling investor to invest in Foreign Equity via API platform to ensure frictionless experience.