Amend PayTo Agreement Details

Amend Details of a particular agreement via its UUID. There are two types of amendments possible via this operation:

  • Unilateral amendments - which does not need debtor approval and will be effective immediately
  • Bilateral amendments - which does require debtor approval and will be effective post debtor authorisation

Either unilateral or bilateral amendments on an agreement can be requested at any given point of time. Both cannot be requested in parallel or in a single request.

Details amendment request will be accepted only if no other amendment (details or status change) is in progress on the agreement.

Only one amendment is allowed at a time on a particular agreement at any given point of time.

Unilateral Details that can be amended:

  • description

  • short_description

  • creditor_info

  • payment_initiator_info

    Bilateral Details that can be amended:

  • validity_end_date

  • transfer_arrangement

  • automatic_renewal

  • payment_terms - all fields

Note - Bilateral amendments will be effective only post debtor authorization. Debtor should authorize the amendments within 5 days post which the authorization request will expire automatically.

Click Try It! to start a request and see the response here!