post deprecatedhttps://sandbox.xfers.io/api/v3/user/bank_account//withdraw
[Available in Sandbox/Production environment] Sends a payout to a bank account. To send a payout to a user's bank account, add in their user account token in the params. Note that their bank account has to be verified first.
In the backend, your funds are paid out from your Business Account to your user’s Personal Account, followed by a bank transfer to their bank account. This is required for compliance purposes as we cannot directly withdraw funds to a bank account that does not belong to you.
Types of payouts with relevant params
From | To | Format |
---|---|---|
StraitsX Business Account | StraitsX Personal Account | Header: X-XFERS-APP-API-KEY Body: user_api_token |
StraitsX Personal Account | User's bank account | Header: X-XFERS-USER-API-KEY |
StraitsX Business Account | Business bank account | Header: X-XFERS-APP-API-KEY |