Use Cases

Utilize our products to create the apps and services to get the most out of your solutions.

Scenario 01. Receive Real-time Information

Problem
Making payments based off of yesterday's files does not allow clients to account for intraday activity in our account.
Solution
By implementing BOC's APIs, users can access real-time balance, transaction, wire and stop payment information. This allows clients to make decisions off of accurate up to the minute information.
APIs Used
Balances, Wires Search, Find Stop Payment, Transactions
Benefits
Accurate information, faster processing

Scenario 02. Improvement over Screen scraping

Problem
Gathering data from screen scraping is limited to what is publicly available on a website. Additionally, if the website changes, it can break the screen scraping.
Solution
APIs allow seamless access to account data in a machine readable format. It is faster to retrieve the information as no data scrubbing is needed.
APIs Used
Balances, Wires Search, Transactions
Benefits
Faster processing, data integrity, stability

Scenario 03. Cash Management Functionality

Problem
Using multiple applications for cash management can result in a disjointed experience with potential for missed steps.
Solution
Improve your treasury software by incorporating account information to increase visibility across the payment lifecycle.
APIs Used
Wire Request, Wire Search, Balances, Transactions, Stop Payment
Benefits
Real-time payment processing and status visibility