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Create Transfer

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API endpoint path: /db-transfers/v1/transfers

Creates a one-time or scheduled recurring transfer between accounts. Supports various transfer types including standard transfers, loan payments, and IRA contributions.

Transfer Types:

  • Standard: Regular transfer between user's own accounts
  • Recipient: Transfer to another member at the same institution
  • Loan Payment: Transfer to pay down a loan balance
  • IRA Contribution: Transfer for retirement account contributions

Scheduling Options:

  • One-time: Execute immediately or on a specific future date
  • Recurring: Set up automatic transfers on a schedule (daily, weekly, monthly, etc.)

Payment Options for Loans:

  • DEFAULT: Standard payment
  • PRINCIPAL_ONLY: Apply payment to principal only
  • INTEREST_ONLY: Apply payment to interest only
  • EXCESS_TO_PRINCIPAL: Extra amount goes to principal
  • EXCESS_TO_INTEREST: Extra amount goes to interest

Request​

Responses​

Success