---
title: "OneTimePremiumTransaction"
url: "https://developers.zinnia.com/apis/policy-transactions-1-0-2/versions/d0006570-ab9d-464e-814f-d120ba425e84/schemas/OneTimePremiumTransaction"
---

> Full API specification: https://developers.zinnia.com/apis/policy-transactions-1-0-2/versions/d0006570-ab9d-464e-814f-d120ba425e84.md

# OneTimePremiumTransaction

## OpenAPI definition

```yaml
openapi: 3.1.0
info:
  title: Zinnia Policy Transactions API.
  version: 1.0.8
servers:
  - url: https://dev.api.zinnia.io
    description: DEV Environment
  - url: https://qa.api.zinnia.io
    description: QA Environment
components:
  schemas:
    OneTimePremiumTransaction:
      type: object
      properties:
        correlationId:
          type: string
          example: 657b717b7dcf554abf9ef067
          description: The unique ID to track transaction request across all systems
        effectiveDate:
          type: string
          format: date
          example: 2023-01-01
          description: Date when the transaction was originally scheduled or expected to
            happen. It can be a non-business day
        reverseInitiator:
          type: boolean
          description: Property to isolate source transaction(s) that initiated the reversal
        transactionAmounts:
          type: object
          properties:
            requestedAmount:
              type: number
              description: Requested amount value
          required:
            - requestedAmount
        payor:
          type: object
          properties:
            partyId:
              type: string
              description: Impacted Party in the event of financial transaction
            paymentForm:
              type: string
              enum:
                - DTCC
                - EFT
                - ACH
                - CHECK
              description: Mode of payment
            bankId:
              type: string
              description: Comes in Acord 103
            referenceNumber:
              type: string
              description: Reference number from external system
              example: B789123
          anyOf:
            - required:
                - bankId
            - required:
                - referenceNumber
        transactionReason:
          type: string
          enum:
            - ONETIMEPREMIUM
            - PRODUCTDEFAULT
          example: PRODUCTDEFAULT
          description: Reason for Initiating One Time Premium Transaction
      required:
        - effectiveDate
        - transactionAmounts
        - payor
```
