Create a bank transfer as a processor
POST /processor/bank_transfer/create
Use the /processor/bank_transfer/create endpoint to initiate a new bank transfer as a processor
Request Body
Required
Defines the request schema for /processor/bank_transfer/create
Parameters
client_id
Your Plaid API
client_id. The client_id is required and may be provided either in the PLAID-CLIENT-ID header or as part of a request body.
secret
Your Plaid API
secret. The secret is required and may be provided either in the PLAID-SECRET header or as part of a request body.
idempotency_key
A random key provided by the client, per unique bank transfer. Maximum of 50 characters.
The API supports idempotency for safely retrying requests without accidentally performing the same operation twice. For example, if a request to create a bank transfer fails due to a network connection error, you can retry the request with the same idempotency key to guarantee that only a single bank transfer is created.
processor_token
The processor token obtained from the Plaid integration partner. Processor tokens are in the format:
processor-<environment>-<identifier>
type
The type of bank transfer. This will be either
debit or credit. A debit indicates a transfer of money into the origination account; a credit indicates a transfer of money out of the origination account.
network
The network or rails used for the transfer. Valid options are
ach, same-day-ach, or wire.
amount
The amount of the bank transfer (decimal string with two digits of precision e.g. “10.00”).
iso_currency_code
The currency of the transfer amount – should be set to “USD”.
description
The transfer description. Maximum of 10 characters.
ach_class
Specifies the use case of the transfer. Required for transfers on an ACH network. For more details, see ACH SEC codes.
Codes supported for credits:
ccd, ppd
Codes supported for debits: ccd, tel, web
"ccd" - Corporate Credit or Debit - fund transfer between two corporate bank accounts
"ppd" - Prearranged Payment or Deposit - The transfer is part of a pre-existing relationship with a consumer. Authorization was obtained in writing either in person or via an electronic document signing, e.g. Docusign, by the consumer. Can be used for credits or debits.
"web" - Internet-Initiated Entry. The transfer debits a consumer’s bank account. Authorization from the consumer is obtained over the Internet (e.g. a web or mobile application). Can be used for single debits or recurring debits.
"tel" - Telephone-Initiated Entry. The transfer debits a consumer. Debit authorization has been received orally over the telephone via a recorded call.
user
The legal name and other information for the account holder.
legal_name
The account holder’s full legal name. If the transfer
ach_class is ccd, this should be the business name of the account holder.
email_address
The account holder’s email.
routing_number
The account holder’s routing number. This field is only used in response data. Do not provide this field when making requests.
custom_tag
An arbitrary string provided by the client for storage with the bank transfer. May be up to 100 characters.
metadata
The Metadata object is a mapping of client-provided string fields to any string value. The following limitations apply:
The JSON values must be Strings (no nested JSON objects allowed)
Only ASCII characters may be used
Maximum of 50 key/value pairs
Maximum key length of 40 characters
Maximum value length of 500 characters
origination_account_id
Plaid’s unique identifier for the origination account for this transfer. If you have more than one origination account, this value must be specified.
Response
Defines the response schema for /processor/bank_transfer/create
Response Properties
bank_transfer
Represents a bank transfer within the Bank Transfers API.
id
Plaid’s unique identifier for a bank transfer.
ach_class
Specifies the use case of the transfer. Required for transfers on an ACH network. For more details, see ACH SEC codes.
Codes supported for credits:
ccd, ppd
Codes supported for debits: ccd, tel, web
"ccd" - Corporate Credit or Debit - fund transfer between two corporate bank accounts
"ppd" - Prearranged Payment or Deposit - The transfer is part of a pre-existing relationship with a consumer. Authorization was obtained in writing either in person or via an electronic document signing, e.g. Docusign, by the consumer. Can be used for credits or debits.
"web" - Internet-Initiated Entry. The transfer debits a consumer’s bank account. Authorization from the consumer is obtained over the Internet (e.g. a web or mobile application). Can be used for single debits or recurring debits.
"tel" - Telephone-Initiated Entry. The transfer debits a consumer. Debit authorization has been received orally over the telephone via a recorded call.
account_id
The account ID that should be credited/debited for this bank transfer.
type
The type of bank transfer. This will be either
debit or credit. A debit indicates a transfer of money into the origination account; a credit indicates a transfer of money out of the origination account.
user
The legal name and other information for the account holder.
legal_name
The account holder’s full legal name. If the transfer
ach_class is ccd, this should be the business name of the account holder.
email_address
The account holder’s email.
routing_number
The account holder’s routing number. This field is only used in response data. Do not provide this field when making requests.
amount
The amount of the bank transfer (decimal string with two digits of precision e.g. “10.00”).
iso_currency_code
The currency of the transfer amount, e.g. “USD”
description
The description of the transfer.
created
The datetime when this bank transfer was created. This will be of the form
2006-01-02T15:04:05Z
status
The status of the transfer.
network
The network or rails used for the transfer. Valid options are
ach, same-day-ach, or wire.
cancellable
When
true, you can still cancel this bank transfer.
failure_reason
The failure reason if the type of this transfer is
"failed" or "reversed". Null value otherwise.
ach_return_code
The ACH return code, e.g.
R01. A return code will be provided if and only if the transfer status is reversed. For a full listing of ACH return codes, see Bank Transfers errors.
description
A human-readable description of the reason for the failure or reversal.
custom_tag
A string containing the custom tag provided by the client in the create request. Will be null if not provided.
metadata
The Metadata object is a mapping of client-provided string fields to any string value. The following limitations apply:
The JSON values must be Strings (no nested JSON objects allowed)
Only ASCII characters may be used
Maximum of 50 key/value pairs
Maximum key length of 40 characters
Maximum value length of 500 characters
origination_account_id
Plaid’s unique identifier for the origination account that was used for this transfer.
direction
Indicates the direction of the transfer:
outbound for API-initiated transfers, or inbound for payments received by the FBO account.
request_id
A unique identifier for the request, which can be used for troubleshooting. This identifier, like all Plaid identifiers, is case sensitive.