Bank Transfers

Local Bank Transfers for Modern Businesses

Accept customer payments and send merchant payouts through supported local banking networks with automated matching and real-time webhook updates.

Scroll
Payment Flow

How Local Bank Transfers Work

From payment details generation to automated matching and merchant balance updates.

LOCAL BANK TRANSFER FLOW
Step 01 of 03

Payment Initiated & Details Provided

The customer receives designated beneficiary account details and a reference code to initiate a standard transfer through their local bank.

// Webhook Verification

const payment = await payflow.transfers.retrieve({

referenceId: "REF-984210",

amount: 2500.00,

status: "completed"

});

LOCAL BANK CLEARING
Status: Active
BENEFICIARY ACCOUNT
PayFlow Account (•••• 8842)
AMOUNT
$2,500.00
Awaiting Customer Transfer
Ref: REF-984210 • Details generated
PENDING
CustomerLocal BankPayFlowMerchant
Operational Challenges

Why Manual Bank Transfers Don't Scale

Handling manual wires creates operational overhead. PayFlow connects payment collection, matching, and payouts into one system.

Multiple Bank Portals

Managing multiple bank accounts and interfaces complicates reconciliation and daily reporting.

Streamlined with PayFlow

Manual Reconciliation

Finance teams manually checking statement records against customer orders creates backlogs.

Streamlined with PayFlow

Slow Confirmation

Delays in confirming customer deposits lead to delayed service fulfillment and support requests.

Streamlined with PayFlow

Mismatched References

Missing, misspelled, or truncated customer reference codes make matching difficult.

Streamlined with PayFlow
Features

Everything You Need for Bank Transfers

Purpose-built tools for payment collection, matching, and payout operations.

Supported Local Banks

Connect to major domestic banking channels to collect customer payments and disburse funds.

FEATURE SPECAVAILABLE

Automated Payment Matching

Automatically match customer deposits using unique reference IDs and receipt verification.

FEATURE SPECAVAILABLE

Merchant Payouts

Execute single or batch bank payouts directly to merchant and supplier accounts.

FEATURE SPECAVAILABLE

Webhook Updates

Receive immediate notifications as payments transition from pending to completed.

FEATURE SPECAVAILABLE

Verification & Security

Tamper-evident payload signing (HMAC-SHA256) and strict server-to-server validation.

FEATURE SPECAVAILABLE

Centralized Ledger

Track payments, fee breakdowns, and settlement history in one unified dashboard.

FEATURE SPECAVAILABLE
Use Cases

Built for High-Volume Businesses

Designed for businesses that need clear, dependable payment collection and payout workflows.

Account FundingRAIL 01

Trading Platforms & Brokers

Facilitate direct deposit account funding with clear reference tracking and fast operational crediting.

Deposit reference matching
Automated trader balance credit
Fast withdrawal payouts
High-Value OrdersRAIL 01

E-Commerce Marketplaces

Accept bank transfers for large merchant orders without card limits and high card processing fees.

Lower processing overhead
Clear deposit tracking
Batch merchant payouts
Invoice PaymentsRAIL 01

SaaS & Enterprise Billing

Collect high-value invoice retainers and subscription renewals with automated matching against open invoices.

Automated invoice matching
Webhook payment alerts
Centralized transaction history
Local CollectionsRAIL 01

Cross-Border Businesses

Accept local currency payments directly from customers in supported regional corridors.

Local bank networks
Transparent fees
Unified balance overview
INTEGRATION READY

Simple Integration. Clear Documentation.

Connect bank transfers using our REST API or lightweight SDK. Create transfer requests, receive verified webhooks, and track payment states.

Clear REST API endpoints with typed response structures
HMAC-SHA256 signature verification for webhooks
Automated webhook retries with event logging
create-bank-transfer.ts
TypeScript
import { PayFlowClient } from "@payflow/sdk";

// Initialize PayFlow client
const payflow = new PayFlowClient({
  apiKey: process.env.PAYFLOW_API_KEY,
});

// Create transfer deposit request
const deposit = await payflow.bankTransfers.create({
  amount: 2500.00,
  currency: "USD",
  orderId: "ord_89210",
  webhookUrl: "https://api.yourdomain.com/hooks/transfers",
});

// Returns payment reference & account details
console.log(deposit.accountNumber, deposit.referenceCode);

Ready to Accept Bank Transfers?

Connect local bank transfers to your platform with simple APIs and clear payment operations.