Tutorial: Create Domestic Wire Transfer
API Ref: Create Domestic Wire Transfer
WIRE payments are widely used for secure and reliable domestic and international fund transfers. The MBanq Cloud API allows developers to make WIRE payments, facilitating seamless transactions. Below is a tutorial on how developers can make WIRE payments using the MBanq Cloud API
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WIRE Transfer Request
To execute a WIRE transfer, send a POST request to the MBanq Cloud API with the following details:
curl --location 'https://api.stage.mbanq.cloud/v1/payments' \ --header 'tenantId: default' \ --header 'instance: default' \ --header 'Content-Type: application/json' \ --header 'Authorization: Bearer eyJhbGciOiJIUzUxMiJ9.eyJzdWIiOiJ2aW5vZDExIiwidXNlcl9qd3RfbG9naW4iOnRydWUsImlzQWNjZXNzVG9rZW4iOnRydWUsImV4cCI6MTc1MDI0NDAxNiwidXNlcklkIjo4ODAsImlhdCI6MTc1MDI0MDQxNiwib2F1dGhfY2xpZW50X2lkIjoiYmFja29mZmljZSJ9.ANwRfaN-Vm7veTUNKCPOvfvgCphgOCYC1I5uvB-lu2g0pbsqMVEQYwPl_uOuhXgvKZ5BQC1p1SvQcgih_8FGpA' \ --data '{ "paymentType": "CREDIT", "paymentRail": "WIRE", "amount": 1, "originator": { "accountId": "000000293" }, "recipient": { "name": "Cemet Consulting LLC", "accountNumber": "000000321", "contactNumber" : "+13334449999", "address": { "line1": "415 N Oakhurst", "line2": "Dr, Apt 106", "city": "Park City", "mobileNo":" +13334449999", "stateCode": "AZ", "countryCode": "US", "postalCode": "85288" }, "bankInformation": { "routingNumber": "321070007" } }, "reference": "Pago general serv", "forFurtherCredit" : "MV VYSYA BANK ACC NUM1234656" }'
Parameter Value Type Explanation paymentType String Type of the transaction; "CREDIT" means sending funds to a recipient. (CREDIT or DEBIT) paymentRail String Payment rail/network used, e.g., "WIRE" for wire transfer. amount Numeric Specifies the transfer amount originator.accountId String The account ID of the sender/originator. recipient.name String Name of the recipient receiving the funds. recipient.accountNumber String Recipient's bank account number. recipient.contactNumber String Phone number of the recipient. recipient.address.line1 String Address Line 1 of the recipient's address. recipient.address.line2 String Address Line 2 of the recipient's address. recipient.address.city String City in the recipient’s address. recipient.address.mobileNo String Mobile number of the recipient. recipient.address.stateCode String State code in the recipient’s address recipient.address.countryCode String Country code of the recipient. recipient.address.postalCode String ZIP/postal code in the recipient’s address recipient.bankInformation.routingNumber String Routing number for WIRE payments. reference String Free-text description or memo for the transaction. forFurtherCredit String Additional instruction to credit another party, e.g., intermediary bank. If the request is successful, you will receive a response containing the transfer ID and other relevant details.
Updated 20 days ago