> For the complete documentation index, see [llms.txt](https://docs.pagsmile.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.pagsmile.com/reference/remittance-api/business/exchange/create-exchange-order.md).
# Create Exchange Order
Creates a foreign-exchange order from a valid quote and merchant-defined order number.
**Endpoint**
`POST /remittance/exchange/create`
**Sandbox base URL:** `https://rem-api-sandbox.pagsmile.com`\
**Content-Type:** `application/json; charset=UTF-8`
The request uses the standard [Remittance API request envelope](https://docs.pagsmile.com/remittance-api/common). The fields below describe the decrypted `biz_data` object.
{% hint style="info" %}
**Requirement:** `M` = Mandatory, `O` = Optional, and `C` = Conditional. A conditional field is mandatory only when the condition stated in its description applies.
{% endhint %}
{% hint style="warning" %}
Encrypt `biz_data`, encrypt the AES key into `random_key`, and sign the request according to the Common request specification.
{% endhint %}
**Request body**
**Decrypted `biz_data` fields**
| Field | Type | Requirement | Description |
| --------------- | ------ | ----------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| `merchant_id` | long | M | Pagsmile-assigned unique identifier of the merchant or institution whose account will be debited for the transaction. |
| `order_no` | string | M | Merchant-defined order number used to submit, query, and reconcile the foreign-exchange order. |
| `account_no` | string | M | Merchant account number used to settle the foreign-exchange order. |
| `quote_id` | long | M | Pagsmile-assigned unique identifier of the foreign-exchange quote. |
| `sell_currency` | string | M | Three-letter ISO 4217 code of the currency being sold. |
| `buy_currency` | string | M | Three-letter ISO 4217 code of the currency being purchased. |
| `tx_amount` | string | M | Amount used to calculate or execute the foreign-exchange transaction. |
| `fixed_side` | string | M | Specifies whether the sell amount or buy amount is fixed when calculating the quote.
See Fixed Side for supported values.
Default: SELL.
|
**Plaintext `biz_data` example**
{% hint style="info" %}
This example includes mandatory fields and representative optional or conditional fields. Submit fields marked `C` only when the condition in the field description applies.
{% endhint %}
```json
{
"merchant_id": 100398,
"order_no": "ORDER_202607200001",
"account_no": "1234567890",
"quote_id": 100001,
"sell_currency": "USD",
"buy_currency": "USD",
"tx_amount": "100.00",
"fixed_side": "sell"
}
```
**Request example**
```bash
curl --request POST \
--url https://rem-api-sandbox.pagsmile.com/remittance/exchange/create \
--header 'Content-Type: application/json; charset=UTF-8' \
--data '{
"partner_id": "",
"app_id": "",
"timestamp": "2026-07-20 10:30:00",
"version": "2.0",
"language": "en",
"random_key": "",
"request_id": "",
"sign_type": "RSA",
"biz_data": ""
}'
```
{% hint style="info" %}
Use the `partner_id` and `app_id` assigned to your integration. The values above are placeholders.
{% endhint %}
**Response**
{% tabs %}
{% tab title="Success" %}
The `data` field in the response envelope is AES-encrypted. Decrypt `random_key` with your RSA private key, then use the resulting AES key to decrypt `data`. See [Security](https://docs.pagsmile.com/remittance-api/security) for implementation details.
**Encrypted response example**
```json
{
"code": "10000",
"msg": "Success",
"data": "",
"random_key": "",
"sign_type": "RSA",
"app_id": "2017051914172236111"
}
```
**Decrypted `data` example**
```json
{
"order_id": 200001,
"merchant_id": 100398,
"order_no": "ORDER_202607200001",
"order_status": 1,
"quote_id": 100001,
"sell_currency": "USD",
"sell_amount": "100.00",
"buy_currency": "USD",
"buy_amount": "100.00",
"fixed_side": "sell",
"conversion_rate": "1.000000",
"transaction_ids": [
300001
],
"error_message": ""
}
```
{% endtab %}
{% tab title="Invalid signature" %}
```json
{
"code": "40002",
"msg": "Business Failed",
"sub_code": "invalid-signature",
"sub_msg": "invalid signature"
}
```
{% endtab %}
{% endtabs %}
**Response data fields**
| Field | Type | Requirement | Description |
| ----------------- | ------- | ----------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |
| `order_id` | long | M | Pagsmile-assigned unique identifier of the order. |
| `merchant_id` | long | M | Pagsmile-assigned unique identifier of the merchant associated with the returned record. |
| `order_no` | string | M | Merchant-defined order number used to submit, query, and reconcile the foreign-exchange order. |
| `order_status` | integer | M | Current processing status of the order.
See Order Status for supported values.
|
| `quote_id` | long | M | Pagsmile-assigned unique identifier of the foreign-exchange quote. |
| `sell_currency` | string | O | Three-letter ISO 4217 code of the currency being sold. |
| `sell_amount` | string | O | Amount of the sell currency in the foreign-exchange transaction. |
| `buy_currency` | string | O | Three-letter ISO 4217 code of the currency being purchased. |
| `buy_amount` | string | O | Amount of the buy currency in the foreign-exchange transaction. |
| `fixed_side` | string | O | Specifies whether the sell amount or buy amount is fixed when calculating the quote.
See Fixed Side for supported values.
|
| `conversion_rate` | string | O | Conversion rate applied between the sell and buy currencies. |
| `transaction_ids` | list\\ | O | List of Pagsmile-assigned unique identifiers of the related transactions. |
| `error_message` | string | O | Human-readable explanation provided when processing fails. |
**Related APIs**
* [Query Exchange Orders](https://docs.pagsmile.com/remittance-api/business/exchange/query-exchange-orders)
* [Query Quote](https://docs.pagsmile.com/remittance-api/business/exchange/query-quote)
* [Query Support Currency Pairs](https://docs.pagsmile.com/remittance-api/business/exchange/query-support-currency-pairs)