Currency Rules Update

This release includes updates to currency rules and a change to the Ping API authentication requirement. These updates aim to improve compliance, streamline validations, and simplify integration testing.

BIC restrictions:

We've introduced restrictions for certain BIC codes when you're paying to the following currency-country pairs:

XAF-CG
MXN-MX
YER-YE
KYD-KY

More details can be found on the restricted BICs in the Currency Rules API

BIC restrictions have also been relaxed for UYU-UY so you can now pay to any BIC for this currency-country combination.

Validation Rule Updates:

KWD-KW: Purpose of Payment code is now optional.
BOB-BO: Account Number must be at least 6 digits.
PEN-PE: Beneficiary Tax ID must be either 8 or 11 digits.
BWP-BW: Account Number must be exactly 11 digits if using First National Bank (FIRNBWGX).

Purpose of Payment field - Now Optional

For the following currencies and country codes, the Purpose of Payment field is now optional. If provided, it will still be validated for length and special characters.

AUD-AU
CAD-CA
CHF-CH
CNY-CN
DKK-DK
EUR-AD, AT, BE, CH, CY, DE, DK, EE, ES, FI, FR, GB, GR, HR, IE, IT, LT, LU, LV, MC, ME, MT, NL, PT, SE, SI, SK, SM, VA, XK, YT
GBP-GB, GG, GI, IM, JE
JPY-JP
NOK-NO
SEK-SE
SGD-SG
USD-US

Ping API – Authentication Removed

The Ping API no longer requires authentication. This change simplifies integration testing and allows developers to verify connectivity without needing credentials.

Note: This update applies only to the Ping endpoint. All other API endpoints continue to require authentication.