Bond Studio supports various types of internal and external fund transfers:
- Internal transfers move funds from one Bond card account to another Bond card account, which we call a card-to-card transfer, or from a Bond card Program's funding source to a Bond card account via a load-funds transfer.
- External transfers move funds between a Bond card account and an external bank account. Both external card-to-bank and bank-to-card transfer flows are supported and are facilitated by ACHACH - Automated Clearing House. The network that coordinates electronic payments and automated money transfers..
Currently, only transfers in USD currency are supported.
The Bond Studio
/transfers API manages all fund transfers in and out of a card account. To initiate a fund transfer, make a POST request to the
type body parameter specifies whether the transfer is internal (
load-funds) or external (
ach). Bond source and destination account IDs are also required parameters.
ACH transfers require extra body parameters.
Each transfer is represented by a unique
transfer_id. You can view all transfers in and out of card accounts by executing a request to the
/transactions endpoint. See Transactions overview for more information.
Updated about a month ago