Funding modes

	PREFUNDED	CREDIT	INVENTORY
Source of funds	USD balance of the MSB in the US	LB Pay credit line	Volume contracted in an Inventory Lot
How it works	Uses USD the MSB already holds in the US. The USD is debited first. The Pix is sent after.	The BRL is advanced through the LB Pay credit line. The Pix does not wait for the USD.	Uses FX volume contracted in advance in an Inventory Lot. The remittance uses the lot rate.
Rate fixed at	Quote, used in the withdrawal	Quote, used in the withdrawal	Lot creation (`POST /v1/inventories`)
Required in the withdrawal	`quoteId`	`quoteId`	`funding.inventoryId`, `destinationAmount` and `senderQuote`. No `quoteId`.
Reserved at	Withdrawal	Withdrawal	Withdrawal, in the lot balance
Funding cost	None	Set in the agreement and charged in the daily settlement batch. It does not change the BRL amount.	In definition. See USDC Inventory.
Creates an obligation	No	Yes, a settlement to be paid by the due date	Yes, a USDC payment promise created with the lot
Limit shown	USD balance available in the US	Credit line: used, reserved and available	Lot balance: available, reserved and used
When it fits	Lowest cost when the MSB keeps USD in the US	Send without pre-positioning funds	Lock rate and volume in advance

How credit settlement works

Each remittance funded by credit uses part of the consolidated credit line and creates an obligation to repay.
Obligations are grouped into one daily batch per due date. All credit remittances due on the same day are in the same batch, including those created on weekends.
You make one payment per day. To see what you pay today, open the batch with today’s due date.
The batch stays OPEN while it collects remittances. At the cut-off it becomes CLOSED and the amount no longer changes. On the due date it becomes DUE.
Remittances created after the cut-off go into the next batch.
Returned or held remittances stay in the batch. The BRL goes to your BRL Wallet.
When usage of the credit line reaches 70%, 90% and 100%, you are notified.
Settlement term, currency and cut-off time: [A DEFINIR em contrato].

What you do

PREFUNDED: keep USD available in your balance in the US.
CREDIT: pay the batch due today, once a day.
Watch the 70%, 90% and 100% credit alerts.
INVENTORY: inform the lot in funding.inventoryId and check its available balance.