# Redeem Assets

## Redeem Assets

<mark style="color:green;">`POST`</mark> `https://api.cngn.co/v1/api/redeemAsset`

Initiates a cNGN-to-fiat redemption. **Requires `Redeem` permission.** Subject to service availability.

#### Request Body

| Name                                            | Type    | Description                                                                                         |
| ----------------------------------------------- | ------- | --------------------------------------------------------------------------------------------------- |
| amount<mark style="color:red;">\*</mark>        | number  | Amount of cNGN to redeem. Minimum: `1`                                                              |
| bankCode<mark style="color:red;">\*</mark>      | string  | Bank code of the destination bank. Use the **Get Bank List** endpoint to retrieve valid bank codes. |
| accountNumber<mark style="color:red;">\*</mark> | string  | Destination bank account number to receive the Naira.                                               |
| saveDetails                                     | boolean | Whether to save the bank details for future redemptions. Default: `false`                           |

{% tabs %}
{% tab title="200 Deposit for redeem was successfully" %}

```json
{
  "status": 200,
  "message": "Deposit for redeem was successfully",
  "data": {
    "id": "clx1abc123def456",
    "from": "Convexity",
    "receiver": {
      "bank": "Access Bank",
      "accountNumber": "0123456789"
    },
    "amount": "50000.00",
    "trx_ref": "RDM-20250615-XYZ789",
    "trx_type": "fiat_redeem",
    "network": "xbn",
    "asset_symbol": "NGN",
    "status": "pending"
  }
}
```

{% endtab %}

{% tab title="400 Invalid request" %}

```json
{
  "status": 400,
  "message": "Invalid request"
}
```

{% endtab %}
{% endtabs %}

> **Strict Validation:** No additional fields are allowed in the request body. Requests with extra fields will be rejected.

#### Example Request

```bash
curl -X POST https://api.cngn.co/v1/api/redeemAsset \
  -H "Content-Type: application/json" \
  -H "Authorization: Bearer YOUR_API_KEY" \
  -d '{
    "amount": 50000,
    "bankCode": "044",
    "accountNumber": "0123456789",
    "saveDetails": true
  }'
```


---

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