TermDescription
Account Payments/PayoutsTransfers between StraitsX accounts
bank_idRefers to the bank abbreviation id (e.g. DBS = 1, OCBC = 2)
Bank Transfer Payments/PayoutsTransfers between StraitsX business accounts and bank accounts
Business Bank AccountBank account belonging to a business user
Connect Bank AccountA bank account that is associated with a Connect user.
Connect UserA user that has been registered on our platform via the Connect Flow which requests for the user’s handphone number to create a user and receive a user_api_token in return.
Customer Profile (CP)A user that has been registered on our platform via the Customer Profile Flow which requests for the user’s personal details (e.g. national id, country of residence) to create a user and receive a customer_profile_id in return.
Customer Profile Bank AccountA bank account that is associated with a customer profile.
DisbursementDisbursement is commonly known as withdrawal or payout. All three terms refer to the same process of sending funds.
Inbound transfersRefers to incoming deposits to your StraitsX Business Account
Outbound transfersRefers to withdrawals out of your StraitsX Business Account
PaymentsPayment is commonly known as deposit. Both terms refer to the same process of receiving funds in.
PayoutsPayout is commonly known as withdrawal. Both terms refer to the same process of sending funds out.
Personal Bank AccountBank account belonging to an individual user.
SG CP / ID CPSingapore Customer Profile / Indonesia Customer Profile
StraitsX Business AccountA StraitsX account created by a business (see link)
StraitsX Personal AccountAn StraitsX account created by an individual (see link)
VA NOVirtual Account Number