Quotes

A quote locks in an exchange rate and fee breakdown for a cross-currency transfer. Quotes are valid for a fixed period from creation. Use the returned quote id when creating a payout to guarantee the quoted rate and fees.

The POST /quotes endpoint prices both payouts and payins. This page focuses on the payout flow.

How quotes work

Request a quote — Provide the resource (payout), the currency pair, an amount, and a method. Specify either the source amount or destination amount (not both).
Review available options — For a payout, local_transfer to an INR destination returns one quote per rail (upi, imps, neft, rtgs); swift_transfer returns a single SWIFT quote. Each quote in the response carries its own method.payment_rail.
Use the quote — Provide the quote id as quote_id in the relevant request: payins (payment links and orders) and payouts.

Key details

Detail	Value
Quote validity	A fixed period from creation
Resource	`payout` or `payin`
Amount specification	Either `source_amount` or `destination_amount`, not both
Amounts format	In cents
Payment method	`bank_transfer` or `pay_via_bank`
Subtype	`local_transfer` or `swift_transfer`
Payment rails (derived)	`upi`, `imps`, `neft`, `rtgs`, `swift`

Example request

curl -X POST https://api.glomopay.com/api/v1/quotes \
  -H "Authorization: Bearer <your_token>" \
  -H "Content-Type: application/json" \
  -d '{
    "resource": "payout",
    "source_currency": "USD",
    "destination_currency": "INR",
    "source_amount": 10000,
    "method": {
      "payment_method": "bank_transfer",
      "subtype": "swift_transfer"
    }
  }'

Example response

{
  "quotes": [
    {
      "id": "quote_3m4n5o6p7q",
      "resource": "payout",
      "expires_at": "2026-06-12T08:16:50Z",
      "method": {
        "payment_method": "bank_transfer",
        "subtype": "swift_transfer",
        "payment_rail": "swift"
      },
      "source_currency": "USD",
      "destination_currency": "INR",
      "fx_rate": 90.0,
      "source_amount": 10000,
      "destination_amount": 882000,
      "fees": {
        "txn_fee": {
          "currency": "USD",
          "amount": 100
        },
        "fx_fee": {
          "currency": "USD",
          "amount": 100
        }
      }
    }
  ]
}

Fees breakdown

Each quote includes a detailed fee breakdown:

Transaction fee (txn_fee) — Fixed fee charged per transaction.
FX fee (fx_fee) — Fee applied on top of the exchange rate for currency conversion.
Referral fee (referral_fee) — Payin only; present when a referral price_id was applied.