---
title: "Update Account Interest"
method: POST
path: "/pws/pws_cr_interest_current_account_update/"
tags: ["Credit interest"]
---

# Update Account Interest

`POST /pws/pws_cr_interest_current_account_update/`

This web service update interests for account

## Request body

- PwsApplyInterestOnAccount
  - `acc_id` integer, required — acc_id
  - `api_call_unique_identifier` string, required — Unique number that must be passed at each API request. Identifier to make each API request unique
  - `client_id` integer, required — Unique identifier for the client which Paymentology will provide at outset
  - `effective_date` string, required — Effective Date from which interest will be applied
  - `interest_rate_fixed` number, required — <p>Fixed Interest that is not relative to amount_referenced (expressed in the account's billing currency).</br> Default:0.00</p>
  - `interest_rate_fixed_grace` number, required — Fixed charge Rate in the account's Billing Currency during the Grace Period
  - `interest_rate_id` integer, required — Interest Template Id for that client
  - `interest_rate_logic` string, required — <p>Relation between interest rates computed based on APR and fixed amount.</br>The value can be one of them:</p><ul><li>SUM: Sum of them</li> <li> MIN: Minimum of two amounts</li> <li>MAX: Maximum of two amounts</li> <li>AVG: Average of two amounts</li></ul>
  - `interest_rate_logic_grace` string, required — <p>Relation between interest for the grace period computed and fixed amount.</br> The value can be one of them:</p><ul><li>SUM: Sum of them</li> <li> MIN: Minimum of two amounts</li> <li>MAX: Maximum of two amounts</li> <li>AVG: Average of two amounts</li></ul>
  - `interest_rate_perc` number, double, required — <p>Interest in Percents of the balance owed. </br>Default:0.00</p>
  - `interest_rate_perc_grace` number, double, required — Interest in Percents of the balance owed during the Grace Period
  - `user_id` string — User Id of the Customer who triggered the API request.
  - `remarks` string — Remarks for API request
  - `is_default` boolean — If it is default interest config.</br>If there are more than one interest config then there should be one default interest one.</br>If there is only one interest config, then it should be default one from the system
  - `interest_rate_perc_elevated` number, double — <p>Elevated (Penalty) Interest in Percents of the balance owed [For each day of the Late Payments].</br>Default:0.00</p>
  - `interest_rate_fixed_elevated` number — <p>Elevated (Penalty) Interest applied [For each day of the Late Payments].</br>Default:0.00</p>
  - `interest_rate_logic_elevated` string — <p>Relation between elevated interest rates computed based on APR and fixed amount.</br> The value can be one of them:</p><ul><li>SUM: Sum of them</li> <li> MIN: Minimum of two amounts</li> <li>MAX: Maximum of two amounts</li> <li>AVG: Average of two amounts</li></ul>
  - `interest_rate_min_perc` number, double — Minimum interest charged in Percents of the balance owed
  - `interest_rate_min_fixed` number — Minimum interest charged
  - `interest_rate_min_logic` string — <p>Relation between minimum charge rates computed based on percents and fixed amount.</br> The value can be one of them:</p><ul><li>SUM: Sum of them</li> <li> MIN: Minimum of two amounts</li> <li>MAX: Maximum of two amounts</li> <li>AVG: Average of two amounts</li></ul>
  - `interest_rate_max_perc` number, double — Maximum interest charged in Percents of the balance owed
  - `interest_rate_max_fixed` number — Maximum Interest charged
  - `interest_rate_max_logic` string — <p> Relation between maximum fee rates computed based on percents and fixed amount.</br> The value can be one of them:</p><ul><li>SUM: Sum of them</li> <li> MIN: Minimum of two amounts</li> <li>MAX: Maximum of two amounts</li> <li>AVG: Average of two amounts</li></ul>

## Response `200`

Successful Response

- UpdateAccountInterestResponse
  - `header` UpdateAccountInterestResponseHeader
    - `error_id` integer — error id
    - `error_desc` string — error message
  - `body` UpdateAccountInterestResponseBody
    - `message` string — Message

## Other responses

- `404` — Webservices does not exist
- `500` — Internal Server error

---

[API](https://skmtc.net/paymentology/apis/payapi-docs.md) · [All operations](https://skmtc.net/paymentology/apis/payapi-docs/llms.txt) · [OpenAPI document](https://skmtc-service-staging.skmtc.workers.dev/v1/apis/paymentology/payapi-docs/revisions/a675891b0365/schema)