Bank Payout United States

Disburse funds directly to a bank account. | Enterprise

us_local_bank is a new local bank payout method type used for payouts in the United States. A sender can disburse funds into a beneficiary's bank account in the United States. This payout method supports several banks in the region and allows the beneficiary to be paid in the country's local currency.

The benefits for the user include the ability to create payouts through local bank transfers and disburse funds into American 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 us_local_bank as the value for the payout_method_type path parameter.

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 us_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 US as the code for the United States, the beneficiary's country.
payout_currency	Enter USD as the code for the United States Dollar, 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: company_name - company first_name - individual last_name - individual iban - individual or company account_number - individual or company account_type - individual or company aba - individual or company address - individual or company city - individual or company state - individual or company country - individual or company postcode - individual or company
sender	Enter a `sender` object that has the following fields: company_name - company country_of_incorporation - company date_of_incorporation - company first_name - individual last_name - individual nationality - individual date_of_birth - individual identification_value - individual or company identification_type - individual address - individual or company city - individual or company state - individual or company country - individual or company postcode - individual or company
description	Enter 'salary payout - wallet to bank account' as the description of the payout transaction.
payout_options	Enter a `payout_options` object with the following fields: statement_descriptor

Create Payout Response

Create Payout describes the fields in the response.

Local Bank Payout United States Details

Details	Description
Payout Method Category	bank
Payout Request String	POMT = us_local_bank
Country	United States
Sender Currency	USD, ISK, GBP, EUR, SGD, HKD, AUD
Transaction Limits	N/A
Settlement Timeframe	3 days

In this section:

Documentation

Bank Payout United States

Finding Required Fields for the Payout Method Type

Requesting a Payout

Create Payout Response

Local Bank Payout United States Details

Search results