Daily recurrent links

Daily recurring links ensure that recent transactions are updated and “self-corrected”.

"access_mode": "recurrent",
"refresh_rate": "24h"

https://developers.belvo.com/reference/links#recurrent-links

Current OFDA behavior:

Frequently, OFDA institutions take multiple days to process a transaction. Often they provide the finalized data after 2 days or occasionally even longer.

In other words, more recent transactions are more likely to have changes applied to their status, description, or other valuable fields.

By using recurrent links that are updated daily you can guarantee you receive these updates as they occur and the transaction data is high quality.

How does the daily recurring link work?

Every day Belvo will automatically check if there are any new transactions or if there were any changes to transactions that were already collected.

Daily recurrence not only guarantees an update with the previous day's data, it ensures that any update made on D-6 is captured as well. Therefore, changes of status, deletions, amounts, etc. of charges that occurred 6 days ago are updated as well.

Note: Consumption by the client can be at a later date.

Best practice:

Create recurrent links with a daily refresh rate for all OFDA institutions.