Create a first party bank transfer payout

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When the status of the payout is updated, a callback will be sent to the URL you configured in your business dashboard. Learn more about how to configure your callback

Sample Callback Payload for Bank Transfer Payouts

{
  "account_no": "12345678",
  "amount": 40.5,
  "arrival": "12 Mar 2024 -  9:30 AM",
  "bank_abbrev": "SCB",
  "created_at": "2024-03-12T01:30:48.420Z",
  "currency": "xsgd",
  "express": "FAST",
  "failure_reason": "",
  "fees": 0.5,
  "id": "contract_1205f142caa14d1f9e5deabfb64ec1df",
  "idempotency_id": "Test_CR001_6",
  "payout_invoice_id": "Test_CR001_6",
  "status": "completed",
  "type": "Withdrawal on behalf",
  "wallet_name": "Digital Goods"
}

{
  "account_no": "12345678",
  "amount": 50.0,
  "arrival": "11 Mar 2024 -  5:57 PM",
  "bank_abbrev": "DBS",
  "bank_account_holder_name": "Jane Doe",
  "beneficiary_address": "ABC Crescent, Singapore, Singapore, SG, 123456",
  "created_at": "2024-03-11T09:57:42.487Z",
  "currency": "usdc",
  "description": "",
  "express": "FAST",
  "failure_reason": "",
  "fees": 0.5,
  "id": "contract_123ddc11043d4b35926385c857915b4d",
  "idempotency_id": "Test_CR001_6",
  "payout_invoice_id": "Test_CR001_6",
  "status": "completed",
  "swift_bic": "DBSSSGSGXXX",
  "type": "Withdrawal on behalf",
  "wallet_name": "Digital Goods"
}

Parameter	Description	Sample Value	Remarks
`account_no`	Recipient's bank account number	12345678
`amount`	Amount transferred	40.5
`arrival`	Time of confirmation	12+Mar+2024+-++9%3A30+AM
`bank_abbrev`	Recipient's bank abbreviation	SCB
`bank_account_holder_name`	Recipient's name	Jane+Doe	Only applicable for USD payout
`beneficiary_address`	Recipient's address	ABC+Crescent%2C+Singapore%2C+Singapore%2C+SG%2C+123456	Only applicable for USD payout
`created_at`	Datetime of creation	2024-03-12T01%3A30%3A48.420Z
`currency`	Currency of transaction: `xsgd/usdc`	xsgd
`description`	Transaction description		Only applicable for USD payout
`express`	Legacy field	FAST
`failure_reason`	Reason for transaction failure
`fees`	Transaction fee	0.5
`id`	Transaction id	contract_1205f142caa14d1f9e5deabfb64ec1df
`idempotency_id`	Unique idempotency id provided when triggering the payout	Test_CR001_6
`payout_invoice_id`	Same as `idempotency_id`	Test_CR001_6
`status`	Transaction status: `completed/pending/cancelled`	completed
`swift_bic`	SWIFT of the recipient's bank	DBSSSGSGXXX	Only applicable for USD payout
`type`	Type of transaction	Withdrawal+on+behalf
`wallet_name`	Wallet name	Digital+Goods