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July 8, 2025

Core Platform

Enhancements

More details for Fee_Debit transactions

We’ve updated Fee_Debit transaction labels to give customers more context about the fees charged:

  • feeName — Shows which predefined fee applies to the transaction.
  • tierType — Indicates whether the fee is based on tier rules or non-tier rules, per the updated Fee Details v3 request.
  • condition — Lists the conditions under which the fee is charged (for example, source_currency, destination_currency, destination_country).

Nium’s pricing engine now supports more customization options, including fees based on payout and payin methods and tiered pricing. To view pricing with these options, use the Fee Details v3 request.

New Features

E_DOC_VERIFY for UBOs and Directors in the EU, UK, and SG

We’ve expanded the E_DOC_VERIFY KYC method to:

  • UBOs and Directors in the EU and UK.
  • Both E_KYC and E_DOC_VERIFY in SG.

This reduces the need for notarized documents in the EU and speeds up the KYC process. For implementation details, see Onboarding Response – 200 to generate a redirectURL for stakeholders in these regions.

No expiry for redirectURL in Corporate Onboarding

redirectURL links for Corporate Onboarding no longer expire, unless the customer starts but does not complete the KYC flow in a single uninterrupted session.

If the session times out, customers can restart the process using the same link or by refreshing their browser. As a result, the Regenerate KYC URL API will be deprecated (currently still supported with a dummy expiry for existing integrations).

Standardized Letter of Authorization

The Letter of Authorization (Power of Attorney) is now standardized across all Nium regions. You can direct customers to the updated template.