Bank Account Transfer

Our solution simplifies the process of transferring funds from your business account to specified bank accounts. Whether you're processing payments, handling refunds, or managing payroll, this API ensures efficient and reliable fund disbursement. By integrating with our Bank Transfer API, you can streamline your financial operations and provide timely payments to your recipients.

Making Payouts on Your Portal

To make payments from your portal, you need a NectarOS account. After registering, fund your account or receive a payin settlement, simply navigate to the payout tab and initiate the payout.

Making Payouts Using the Payout API

For developers who prefer automation, you can also make payouts using our Payout API. This allows you to integrate payout functionality directly into your application or system, providing a seamless experience for managing payments.

For detailed information on how to use the Payout API, please refer to our API Reference section.

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Steps to Initiate a Bank Transfer Via API

Get the Banks List:
Retrieve a list of supported banks to facilitate bank account verification and ensure accurate transfers.

Verify Account Number:
Validate the recipient's bank account number using the bank code obtained from the banks list to avoid transaction errors.

Initiate the Transfer:
Use the provided endpoint to initiate a bank transfer from your business account to the recipient's bank account.

Verify Transaction Status:
Check the status and details of the initiated transfer to ensure it has been processed successfully.

Await Webhook Notification:
Set up and wait for webhook notifications to receive real-time updates on the transaction status.