China Payout For Business

sequenceDiagram actor S as Sender participant P as Partner participant X as xCurrency Hubs participant B as Paying Agent actor R as Recipent S->>P:Enters Recipient Info and transfer amount P->>X:1.Request transfer:/global/payout/transfer/create S->>P: Upload PI/PO for transaction P->>X: 2.Request upload:/global/payout/transfer/upload/multipart P->>X: 3.Request upload:/global/payout/transfer/upload/multipart/completed X->>B:Request transfer validation#xCurrency Hubs forwards the request to Paying Agent B->>X:Return validation result #Paying Agent validates the transfer info and returns the result to xCurency Hubs X->>X: AML Check X->>P: 4.Status Update X-->>P:Return request result P-->>S: Request Confirmation S->>S:If OK,proceed with transfer.If fail, correct entered info S->>P: Confirm Transfer #Sender P->>X: 5.Confirm transfers:/global/payout/transfer/create/aysnc #Sender agent complates internal checks such as KYC and AML screening on the Sender, then sends the transfer request to xCurrency Hubs X-->>P: OK X->>X:Check Parnter's Balance X->>B: Payout Instruction #xCurrency Hubs forwards the request to the Paying Agent B-->>X: Payout Result # Paying Agent sends the transfer to xCurrency Hubs. xCurrency Hubs forwards the result to Sender Agent. B-->>R: Notify Result # Paying Agent processes the transfer and then sends to the transfer result to the Beneficiary. # Paying Agent processes the transfer, completes internal checks such as KYC and AML screening on the Recipient, then credit the amount to recipient X->>P:6.Status Update P-->>S:Notify Result # Sender agent sends the transfer result to sender. #Sender Agent sends the transfer result notification to Sender