Overview
The main fiat account list displays the total balance of all accounts in USD. Each listed account displays the total balance of each fiat currency available.
Fiat account balances
Inflow
The inflow balance includes incoming transactions to your fiat accounts that are not yet complete. The transaction amount is added to the total balance after the transaction completes. If the transaction fails, the amount is removed from your balance.
Outflow
When you approve a new transaction from a connected fiat account to an external destination, the transaction amount is subtracted from the total balance and added to the outflow. The transaction amount is removed from the outflow after the transaction completes. If the transaction fails, the amount returns to its source and is included in your total balance.
Frozen
Funds from frozen fiat transactions are shown here. You can manually freeze or unfreeze incoming fiat transactions via the API. Transactions frozen automatically by your AML, Travel Rule, or Autofreeze policies can be unfrozen using the Fireblocks Console. However, transactions frozen manually via the API must be unfrozen via the API as well.
Total
The total available amount held in all fiat accounts, and inflow, outflow, and frozen funds.
Refreshing balances
Third-party fiat services provide balance data to Fireblocks that we present directly. Balances shown in the Fireblocks Console are automatically refreshed after every transaction and about every four minutes depending on the third-party response. A refresh balance request is also triggered when browsing fiat accounts in the Fireblocks Console but may not be returned immediately.
Selecting Refresh balance when viewing all fiat accounts refreshes all listed account balances, which relies on all relevant third-party responses. Selecting Refresh balance when viewing a specific fiat account is faster and more efficient.
Fiat Account Object requests made via the API return the current balance data as provided by the third party. Therefore, requests may take a few minutes to process and receive a response.