A holding account is used by Mass Payments to hold funds for a customer.
A Holding account is funded by a customer by committing a funding order and settling with Western Union Business Solutions.
A Holding account can be used by a customer to fund committed beneficiary payments.
Available and booked balances of a holding account for a particular currency can be requested by a Partner on behalf of the customer.
Available holding account balance is used by WUBS after sanction scanning to determine how much of the total payments can be released to the beneficiaries.
Holding accounts are required in the decoupled or prefunding model, but optional in the coupled model.