For current dated batches, exchange rate fetch is done. Internal rates are fetched for the batch if the batch amount is below the FX limit maintained in customer preferences. If batch transfer currency is different from the limit currency maintained, the batch amount will be converted to limit currency amount using the midrate between the currencies.

If the batch amount is more than limit amount, the batch details are sent for External rate fetch if External Rate fetch is applicable for the customer. When the criteria is not met, it moves to Exchange Rate Queue and carry forward/cancel/retry is manually initiated.

If FX reference number is available as part of the payment request, the same is sent to external system.

If no FX reference is available in the request and if the FX reference returned by the external system, the same is stored for the batch.