Create a first party bank transfer payout

[Available in Production/Sandbox environment] Send funds back to your user's verified bank account

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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%3A30+AM&bank_abbrev=SCB&created_at=2024-03-12T01%3A30%3A48.420Z&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%3A57+PM&bank_abbrev=DBS&bank_account_holder_name=Jane+Doe&beneficiary_address=ABC+Crescent%2C+Singapore%2C+Singapore%2C+SG%2C+123456&created_at=2024-03-11T09%3A57%3A42.487Z&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
ParameterDescriptionSample ValueRemarks
account_noRecipient's bank account number12345678
amountAmount transferred40.5
arrivalTime of confirmation12+Mar+2024+-++9%3A30+AM
bank_abbrevRecipient's bank abbreviationSCB
bank_account_holder_nameRecipient's nameJane+DoeOnly applicable for USD payout
beneficiary_addressRecipient's addressABC+Crescent%2C+Singapore%2C+Singapore%2C+SG%2C+123456Only applicable for USD payout
created_atDatetime of creation2024-03-12T01%3A30%3A48.420Z
currencyCurrency of transaction: xsgd/usdcxsgd
descriptionTransaction descriptionOnly applicable for USD payout
expressLegacy fieldFAST
failure_reasonReason for transaction failure
feesTransaction fee0.5
idTransaction idcontract_1205f142caa14d1f9e5deabfb64ec1df
idempotency_idUnique idempotency id provided when triggering the payoutTest_CR001_6
payout_invoice_idSame as idempotency_idTest_CR001_6
statusTransaction status: completed/pending/cancelledcompleted
swift_bicSWIFT of the recipient's bankDBSSSGSGXXXOnly applicable for USD payout
typeType of transactionWithdrawal+on+behalf
wallet_nameWallet nameDigital+Goods

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