Create ACH/Same Day ACH Transfer (GQL)

post

https://api.cloud.mbanq.com/graphql ( For Same Day ACH Transfer)

Note: All the payment API's have the endpoint: /payments

Use this API for initiating an outgoing ACH or Same Day ACHtransfer to an external account.

ACH:
Settlement Timeline : Refer ACH lifecycle for details of the same

The below notifications are generated for lifecylce changes associated with an ACH transfer.

SAME DAY ACH:
Cut-off Time: 10:45 AM ET (Due to the 11:00 AM cut-off time)

Transfer funds to the recipient's account on the same business day if initiated before 10:45 AM ET.

If Same Day ACH is selected, ensure the request is submitted before 10:45 AM ET to meet the 11:00 AM cut-off time.

Behaviour : A successful response from this API indicates that the transfer was successfully initiated. The transfer amount is debited from the Originator account.

Flow of Funds :

Originator to Recipient (PaymentType : CREDIT)
Recipient to Originator (PaymentType : DEBIT)

Function	Webhook
Transfer Initiation	Transfer Initiation
Transfer Submitted	Transfer Submitted
Transfer Return	Transfer Returned

Body Params

In the respective payment rail, whatever fields are written as mandatory, all those fields should be passed to create the recipient. Given a brief description about the parameters below.
The recipients are linked to a client.

Parameter	Description	Mandatory	Data Type	Example
paymentType	Specifying the type of payment during the transfer.	Yes	String	CREDIT
paymentRail	ACH would be the default payment rail for ACH debit/credit transfer.	Yes	String	ACH
amount	The amount to be transferred in USD.	Yes	number	10
originator	The details of the originator for ACH transfer.	Yes	Object
accountId	It is the account identifier of the originator.	Yes	String	123
recipient	The details of the recipient for the ACH transfer.	Yes	Object
name	The name of the recipient.	Yes	String	David Wise
address	Address details of the recipient.	Optional	Object
line1	First line of the address.	Optional	String	String
line2	Second line of the address.	Optional	String	String
city	City of the address.	Optional	String	Park City
stateCode	State code of the address.	Optional	String	String
countryCode	Country code of the address.	Optional	String	String
postalCode	Postal code of the address.	Optional	String	String
accountDetails	Details of the recipient's account.		Object
accountId	Identifier for the recipient's account.	Conditional	String	String
accountNumber	Account number of the recipient.	Conditional	String	String
accountType	Type of account (CHECKING, SAVINGS). Default : CHECKING	Optional - Default Checking	String	CHECKING
bankInformation	Bank information associated with the recipient's account.		Object
routingNumber	Routing number (ABA for ACH & Wire)	Conditional	String	1234
swiftCode	SWIFT code for international wire transfers.	Conditional	String	ABAD

mutation {
  createPayment(
    input:{ 
      paymentType: "CREDIT",
      paymentRail: "SAMEDAYACH",
      originator: {
        accountId: "92486353"
      },
      amount: 10,
      correlationId:"6B56xh4DxD5gmYzEjpuZn11dfsdfsd1f",
      recipient: {
        recipientId : "1188654537",  // If beneficiary has already been added then we just sent the beneficiary number and all other fields in the object beneficiary are omitted
        name: "Chan heng",		         // length 22
        accountNumber: "950003434343", // length 17
        accountType: "CHECKING",
        recipientType : "BUSINESS",
        address: {// the whole address will have limit of 35x3 = 105 characters, if it exceed the length will, it be trimmed
          line1: "415 N Oakhurst", 
          line2: "Dr, Apt 106",    
          stateCode: "AZ",
          countryCode: "US",	   
          postalCode: "85288"
          },
        bankInformation: 
       {
        routingNumber: "321070007",// length 9
       }
      }
      reference: "test Transfer xxxxyyyzz"// length 140
)
{
  id
  resourceId
}
}

Headers

tenantId

string

required

Defaults to z01j3e71zd6zkq908vyf5861a8

The ID of your banking instance visible in the MBANQ Console.

Language

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Response

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