Who needs a Broco account
A Broco account holds your funds. Anyone who sends money from a balance or receives money into one needs an account. People who only hand over cash do not.Balances
Money paid between Broco accounts moves from one balance to another inside the network. Cash becomes balance only when a cash agent validates it.
Once credited, a balance can be used for the services available in Broco, such as paying, transferring or withdrawing.
One currency per operation
Each operation uses a single currency. When money moves between two Broco balances, Broco debits one and credits the other in that currency. When the payer hands over cash, only the receiving balance is credited. Broco does not convert between currencies in these flows. See Currencies & amounts for the supported codes and how to write amounts.References
Every object carries your own reference so you can reconcile without storing Broco identifiers alone.Next step
Integration access
Current availability of the Broco API.