# Foreign Exchange

## Scope

This applies to scenarios where end users are making an exchange:

1. From foreign currency (USD, GBP, EUR, CNY, TZS, UGX, or RWF) to KES
2. From KES to foreign currency (USD, GBP, EUR, CNY, TZS, UGX, or RWF) 

## Steps

{% stepper %}
{% step %}

### Query Live FX rate

Call endpoint `/query/v2/getForeignExchangeRate` to initiate a transfer request
{% endstep %}

{% step %}

### Initiate FX Request

Call endpoint `/trans/v2/applyForFcExchange` to initiate a transfer request

Status: `1-SUBMITTED`
{% endstep %}

{% step %}

### Confirm OTP

Call endpoint `/common/sendOtp` to request for OTP, filling the value of `applicationId` to `businessId` parameter. Call endpoint `/common/confirmOperation` to confirm the OTP code received.

Status: `2-PROCESSING`

{% hint style="info" %}
The endpoint `/common/sendOtp` can also be used to resend OTP.
{% endhint %}
{% endstep %}

{% step %}

### Processing

Status: `2-PROCESSING` 
{% endstep %}

{% step %}

### Get Onboarding Result

* Get it from `0013 - Foreign Exchange Result Notification`
* Query transaction status by calling the endpoint `/query/v2/getFxRequestStatus`
  {% endstep %}
  {% endstepper %}

## Status

<figure><img src="/files/IsBYizR66CrWDutvQI3a" alt=""><figcaption></figcaption></figure>


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