First Funding Transfers

Learn how to initiate the first funding transfer to the account created using ZWITCH.

When an account is first created, the account is marked debit frozen until funds are first added to the account. This is called first funding. To complete first funding for an account, you need to get money from the applicant. You can do this by sending them a UPI collect request to their existing account.

After the applicant completes the payment on their UPI app, the money is transferred to your receivable account. You need to transfer this money from your receivable account to the applicant’s account. After the transfer is complete, the account is unfrozen and is ready to use.