Transfer Between Accounts

Transfer between accounts

With xenPlatform, you can flexibly control the balance of your Partners using Transfer. You can transfer any amount of funds from your platform to your partners and vice versa.

Use cases and types of transfers

• Send bonuses
• Send refunds
• Top up partner’s balance

• Charge platform commission
• Charge subscription fees
• Charge management fees

• Facilitate reselling / dropshipping
• Help manage Partner’s payment operation

Creating Transfers

You can create transfers in two ways:

1. Create Transfer via Dashboard

1. Navigate to the xenPlatform Accounts page
2. Click the Create transfer button
3. Fill in the required fields
   • From: account ID or name where the funds are transferred from
   • To: account ID or name where the funds are transferred to
   • Amounts to transfer: the amount of funds of your choice
   • Reference: a unique identifier of the transfer

2. Create Transfer via API

To create transfer via API, you will need to specify the required parameters:

• reference: a unique identifier of this transfer
• amount: the amount you would like to transfer
• source_user_id: the account balance from which you would like to send the Transfer from
• destination_user_id: the account balance from which you would like to send the Transfer to

curl --request POST \
  --url POST https://api.xendit.co/transfers \
  --data '{"reference":"Subscription fee for Nov 2020","amount":10000,"source_user_id":"5cafeb170a2b18519b1b8768","destination_user_id":"5f8d0c0603ffe06b7d4d9fcf"}'

Notes:

• All transfers will be executed immediately
• Transfer amount should be less than the total balance of the sender’s account
• Transfer amount needs to be an absolute number
• You can only create transfers using the Platform's API key. Sub-accounts that you manage through xenPlatform have no ability to create transfers through this endpoint

Learn more in our API reference

Last Updated on 2024-08-20