Manage funds within your platform

Depending on your use cases, there might be scenarios that require you to make internal transfers. For example, sending bonuses, or when your user wants to move funds between their balance accounts.

Before you begin

Before you can make internal transfer funds, reach out to your Adyen contact to:

• Add a role for your API credential, which you will use for the Transfers API.
• Enable transfers for the source balance account.

Transfer funds between balance accounts

To transfer funds between balance accounts in your platform:

1. Make a POST /transfers request specifying:

   Parameter	Required	Description
   amount		Object containing the currency and value of the transfer.
   balanceAccountId		Unique identifier of the source balance account.
   category		Set to internal.
   counterparty.balanceAccountId		Unique identifier of the recipient balance account.
   description		Your description for the transfer.
   reference		Your unique reference for the transfer.
   referenceForBeneficiary		Your reference for the transfer that is sent to the recipient and in all notification webhooks.

   Here is an example of how you can transfer 100 EUR from your liable balance account to another balance account.
   Transfer funds between balance accounts

   curl https://balanceplatform-api-test.adyen.com/btl/v3/transfers \
   -H "x-api-key: YOUR_BALANCE_PLATFORM_API_KEY" \
   -H "content-type: application/json" \
   -X POST \
   -d '{
       "amount": {
           "currency": "EUR",
           "value": 10000
       },
       "balanceAccountId": "BA00000000000000000000001",
       "category" : "internal",
       "counterparty": {
           "balanceAccountId": "LBA00000000000000000000002"
       },
       "description": "YOUR_DESCRIPTION_FOR_THE_TRANSFER",
       "reference": "YOUR_UNIQUE_REFERENCE_FOR_THE_TRANSFER"
   }'

   https://docs.adyen.com/marketplaces-and-platforms/manage-funds#transfer-funds-between-balance-accounts
   The response contains a unique id for the transfer request.
   Response

   {
     "id": "48NJIB9TWQJ6L7U7",
     "amount": {
       "currency": "EUR",
       "value": 10000
     },
     "balanceAccountId": "BA00000000000000000000001",
     "category" : "internal",
     "description": "YOUR_DESCRIPTION_FOR_THE_TRANSFER",
     "reference": "YOUR_UNIQUE_REFERENCE_FOR_THE_TRANSFER",
     "counterparty": {
       "balanceAccountId": "BA00000000000000000000002"
     },
     "direction": "outgoing",
     "reason": "approved",
     "status": "authorised"
   }

   https://docs.adyen.com/marketplaces-and-platforms/manage-funds#response

2. To know if the transfer has been completed, keep track of notification webhooks. You can also make a GET /balanceAccounts{id} request.