Bank Payout Ukraine

Disburse funds directly to a bank account. | Enterprise

ua_local_bank is a new bank payout method type used for payouts in Ukraine. A sender can disburse funds into a beneficiary’s bank account in Ukraine. This payout method supports local bank transfers and allows the beneficiary to be paid in Ukraine Hryvnia (UAH).

The benefits for the user include the ability to create cross-border payouts and disburse funds into Ukrainian bank accounts.

Finding Required Fields for the Payout Method Type

You need to find the required fields for each payout method type.

For that, you'll use Get Payout Required Fields. Enter ua_local_bank as the value for the payout_method_type path parameter.

Mass Payouts Supported

Mass payouts can be completed with ua_local_bank using a mass payouts file via SFTP (SSH FIle Transfer Protocol). See Mass Payouts Overview for more information about mass payouts.

Requesting a Payout

Use Create Payout with the following parameters:

Create Payout Request Parameters

Body Parameter	Description
ewallet	Enter the wallet 'id' that you received when you created the company wallet in your sandbox.
payout_amount	Enter 100 as the amount received by the beneficiary.
payout_method_type	Enter ua_local_bank as the payout method type.
sender_currency	Enter USD as the code for United States Dollar, the sender's currency.
sender_country	Enter US as the code for the United States, the sender's country.
beneficiary_country	Enter UA as the code for Ukraine, the beneficiary's country.
payout_currency	Enter UAH as the code for Ukraine Hryvnia, the currency received by the beneficiary.
sender_entity_type	Enter ‘individual’ as the type of entity for the sender.
beneficiary_entity_type	Enter ‘individual’ as the type of entity for the beneficiary.
beneficiary	Enter a 'beneficiary' object that has the following fields: first_name last_name iban phone_number
sender	Enter a 'sender' object that has the following fields: company_name - company identification_type - company identification_value - individual or company first_name - individual last_name - individual address - individual or company city - individual or company phone_number - individual or company
description	Enter 'salary payout - wallet to bank account' as the description of the payout transaction.

Create Payout Response

Create Payout describes the fields in the response.

Local Bank Payout Ukraine Details

Details	Description
Payout Method Category	bank
Payout Request String	POMT = ua_local_bank
Country	Ukraine
Sender Currency	ISK, USD, GBP, EUR, SGD, HKD, AUD
Transaction Limits	N/A
Settlement Timeframe	Same day

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Documentation