Transfers
We describe funds movement across the Moov platform as a Transfer. Transfers occur between a source
and destination
payment method, which represents how and where money should move. The only other required field is an amount
.
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Flow of funds
All transfers facilitated with Moov involve money moving in, out, through, or within the Moov platform. Since all funds flow through Moov, a single transfer can take advantage of multiple payment rails which allows you to tailor the cost, speed, and risk of each payment to your particular use case.








Source
The source of a transfer represents the first stage of a transfer, when it is being funded. Transfers can be funded by external linked bank accounts, payment cards, or a Moov wallet balance. The following payment method types can be used as the source of a transfer:
ach-debit-fund
- fund payouts or add funds to a Moov wallet from a linked bank accountach-debit-collect
- pull funds from a linked bank account for bill payment, direct debit, or e-check type use-casesmoov-wallet
- fund a payout or withdraw funds from the Moov platformcard-payment
- initiate a payment from a linked credit or debit card
Destination
The destination represents the final stage of a transfer and the ultimate recipient of the funds. The following payment method types can be used as the destination of a transfer.
ach-credit-standard
- disburse funds to a linked bank accountach-credit-same-day
- disburse funds to a linked bank account using same-day processingrtp-credit
* - disburse funds to a linked bank account in near real timemoov-wallet
- add funds to a Moov wallet for multiple use cases
Transfer options utility
Moov offers the /transfer-options utility to provide you with an easy way to know which payment methods can be used in a transfer.
Some payment methods can only be used as the source or destination, and not all payment method combinations are valid options. The payment methods available for use also depend on the capabilities
of the source and destination accounts. Transfer-options
takes this business logic into account as well as network-specific restrictions such as maximum payment amounts to ensure a valid transfer request.
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To use transfer-options, make a request to the /transfer-options
endpoint with a Moov accountID
or paymentMethodID
and an amount
.
- Supplying a single
accountID
in thesource{}
ordestination{}
will return a list of available payment methods. - Supplying an
accountID
for both thesource{}
anddestination{}
will return two lists of payment methods filtered on the capabilities of the transfer participants. - Supplying one
paymentMethodID
and oneaccountID
will return a list of valid payment methods for theaccountID
provided.
In practice, transfer-options can be used to present a menu of different options for how and where you want money to move.