ACH Transfer

Create an ACH transfer

POST/transfers/ach

Creates an ACH transfer between an account and a counterparty.

Body Parameters

account_number_id

stringRequired

ID of the account number from which the transfer is sent. If no account_number_id is specified, the default account number on a provided bank_account_id is used. account_number_id or bank_account_id is required.

allow_overdraft

booleanOptional

Allow the account to go negative for the transfer. The bank account needs to have is_overdraftable enabled with an overdraft reserve account linked to it.

amount

numberOptional

Amount (in cents) of the funds that will be transferred between originator and counterparty accounts. e.g. $1.75 would be represented by 175.

bank_account_id

stringRequired

ID of the bank account from which the transfer is sent. If no account_number_id is specified, the default account number on the bank_account_id is used. account_number_id or bank_account_id is required.

company_discretionary_data

stringOptional

This optional field allows you to include codes (one or more), of significance only to you, to enable specialized handling of the transfer. There is no standardized interpretation for the value of the field. Maximum length: 20 characters.

company_entry_description

stringOptional

You can use this optional field to provide the Receiver with a description of the purpose of the transfer. Default value: PAYMENT. Maximum length: 10 characters.

company_name

stringOptional

This optional field identifies the source of the transfer and is used for descriptive purposes for the Receiver. Default value: the root entity name of your platform, or "COLUMN NA" if no root entity exists. Maximum length: 16 characters.

counterparty

objectOptional

Counterparty object to create a counterparty for the receiver of the transfer at transfer creation. Either counterparty or counterparty_id is required.

account_number

stringRequired

The account number for the bank account.

account_type

stringRequired

The type of the account number. Can be checking or savings.

address

objectRequired

Addresses need to adhere to character validation, as addresses are used across multiple payment rails. Characters are validated according to the Fedwire character validation.

city

stringRequired

City name

country_code

stringRequired

Two-letter ISO 3166-1 alpha-2 country code (e.g. US)

line_1

stringRequired

Street address line 1

line_2

stringOptional

Street address line 2

postal_code

stringOptional

Postal or ZIP code

state

stringOptional

State or province

description

stringRequired

Description of the counterparty visible only in your platform. Maximum length: 127 characters.

email

stringRequired

The email address of the beneficiary.

legal_id

stringRequired

The legal ID (e.g., Tax ID, Cedula Juridica, etc.) of the beneficiary. This field is recommended for international wire transfers, and required in some countries. Maximum length: 127 characters.

legal_type

stringRequired

The legal entity type of the beneficiary. Can be business, non_profit, individual, or sole_proprietor. This field is recommended for international wire transfers, and required in some countries.

local_account_number

stringRequired

The local account number (e.g. Cuenta Cliente in Costa Rica) in the beneficiary's bank. This field is recommended for international wire transfers, and required in some countries. Maximum length: 63 characters.

local_bank_code

stringRequired

The local bank code of the beneficiary's bank (e.g., India IFSC, Australia BSB, China CNAPS, etc.). This field is recommended for international wire transfers, and required in some countries. Maximum length: 63 characters.

local_bank_country_code

stringRequired

The ISO 3166-1 alpha-2 country code of the beneficiary's local bank.

local_bank_name

stringRequired

Name of the beneficiary's local bank.

name

stringRequired

The counterparty name who owns the bank account. There is a 127 character limit for this field. For domestic wires, only the first 35 characters are included in the wire message.

phone

stringRequired

The phone number of the beneficiary. This field is recommended for international wire transfers, and required in some countries. Maximum length: 31 characters.

routing_number

stringRequired

The routing number of the bank.

routing_number_type

stringRequired

The type of the routing number. Can be aba, bic, or other.

wire

objectRequired

Wire-specific details for this counterparty, including beneficiary information and local bank details.

beneficiary_address

objectRequired

The address of the wire beneficiary.

city

stringRequired

City name

country_code

stringRequired

Two-letter ISO 3166-1 alpha-2 country code (e.g. US)

line_1

stringRequired

Street address line 1

line_2

stringOptional

Street address line 2

postal_code

stringOptional

Postal or ZIP code

state

stringOptional

State or province

beneficiary_email

stringRequired

The email address of the wire beneficiary.

beneficiary_legal_id

stringRequired

The legal identification number of the wire beneficiary (e.g. EIN or SSN).

beneficiary_name

stringRequired

The name of the wire beneficiary.

beneficiary_phone

stringRequired

The phone number of the wire beneficiary.

beneficiary_type

stringRequired

The type of the wire beneficiary. Possible values: individual, business

local_account_number

stringRequired

The local account number at the beneficiary's bank (used for international counterparties).

local_bank_code

stringRequired

The local bank code of the beneficiary's bank (used for international counterparties).

wire_drawdown_allowed

booleanRequired

Whitelists counterparties for automatic approval of drawdown requests to Column via Fedwire. If false, all inbound drawdown requests from this counterparty will require explicit approval.

counterparty_id

stringRequired

ID of the counterparty that will receive the transfer. Either counterparty or counterparty_id is required.

currency_code

stringRequired

The three-letter currency code defined in ISO 4217. e.g. USD

description

stringOptional

Description of the transfer visible only in your platform. Maximum length: 255 characters.

effective_date

stringOptional

Date (format: YYYY-MM-DD ) on which the transfer will be effective

entry_class_code

integerOptional

Standard Entry Class code of the transfer. Valid values: CCD, CTX, CIE, PPD (default), TEL, WEB

intermediate_financial_institutions

array of objectsOptional

List of intermediary financial institutions involved in an IAT (International ACH Transaction) transfer.

country_code

stringOptional

Two-letter ISO 3166-1 alpha-2 country code of the institution

identifier

stringOptional

Identifier of the intermediary financial institution (e.g., routing number or BIC)

identifier_type

stringOptional

Type of identifier. Possible values: aba, bic, iban, other

name

stringOptional

Name of the intermediary financial institution

payment_related_info

stringOptional

Provides an additional 80 characters to give details on the ACH transaction for outgoing transfers. This information will be surfaced to the RDFI.

receiver_id

stringOptional

This field contains the accounting reference number by which the Receiver is known to the Originator. It is included for further identification and for descriptive purposes. Maximum length: 15 characters.

receiver_name

stringOptional

The name of the receiver, usually the name on the bank account of the Receiver. If omitted, counterparty.name will be automatically used. Default value: beneficiary name of the counterparty. Maximum length: 22 characters for all entry class codes except CIE it is 15 characters.

same_day

booleanRequired

Specify if the transfer is a same-day ACH transfer. If it is set as true, it takes precedence over effective_date and overrides it.

transaction_type_code

stringOptional

This is a required code on IAT transfers used to identify reason for payment. Possible values: ANN, BUS, DEP, LOA, MIS, MOR, PEN, REM, RLS, SAL, TAX

type

integerOptional

ACH transfer type: CREDIT or DEBIT. Learn more.

ultimate_beneficiary_counterparty

objectOptional

Counterparty object to create an ultimate beneficiary counterparty at the time of transfer creation. This is only required on outgoing IAT debits. Either ultimate_beneficiary_counterparty or ultimate_beneficiary_counterparty_id is required.

account_number

stringRequired

The account number for the bank account.

account_type

stringRequired

The type of the account number. Can be checking or savings.

address

objectRequired

Addresses need to adhere to character validation, as addresses are used across multiple payment rails. Characters are validated according to the Fedwire character validation.

city

stringRequired

City name

country_code

stringRequired

Two-letter ISO 3166-1 alpha-2 country code (e.g. US)

line_1

stringRequired

Street address line 1

line_2

stringOptional

Street address line 2

postal_code

stringOptional

Postal or ZIP code

state

stringOptional

State or province

description

stringRequired

Description of the counterparty visible only in your platform. Maximum length: 127 characters.

email

stringRequired

The email address of the beneficiary.

legal_id

stringRequired

The legal ID (e.g., Tax ID, Cedula Juridica, etc.) of the beneficiary. This field is recommended for international wire transfers, and required in some countries. Maximum length: 127 characters.

legal_type

stringRequired

The legal entity type of the beneficiary. Can be business, non_profit, individual, or sole_proprietor. This field is recommended for international wire transfers, and required in some countries.

local_account_number

stringRequired

The local account number (e.g. Cuenta Cliente in Costa Rica) in the beneficiary's bank. This field is recommended for international wire transfers, and required in some countries. Maximum length: 63 characters.

local_bank_code

stringRequired

The local bank code of the beneficiary's bank (e.g., India IFSC, Australia BSB, China CNAPS, etc.). This field is recommended for international wire transfers, and required in some countries. Maximum length: 63 characters.

local_bank_country_code

stringRequired

The ISO 3166-1 alpha-2 country code of the beneficiary's local bank.

local_bank_name

stringRequired

Name of the beneficiary's local bank.

name

stringRequired

The counterparty name who owns the bank account. There is a 127 character limit for this field. For domestic wires, only the first 35 characters are included in the wire message.

phone

stringRequired

The phone number of the beneficiary. This field is recommended for international wire transfers, and required in some countries. Maximum length: 31 characters.

routing_number

stringRequired

The routing number of the bank.

routing_number_type

stringRequired

The type of the routing number. Can be aba, bic, or other.

wire

objectRequired

Wire-specific details for this counterparty, including beneficiary information and local bank details.

beneficiary_address

objectRequired

The address of the wire beneficiary.

city

stringRequired

City name

country_code

stringRequired

Two-letter ISO 3166-1 alpha-2 country code (e.g. US)

line_1

stringRequired

Street address line 1

line_2

stringOptional

Street address line 2

postal_code

stringOptional

Postal or ZIP code

state

stringOptional

State or province

beneficiary_email

stringRequired

The email address of the wire beneficiary.

beneficiary_legal_id

stringRequired

The legal identification number of the wire beneficiary (e.g. EIN or SSN).

beneficiary_name

stringRequired

The name of the wire beneficiary.

beneficiary_phone

stringRequired

The phone number of the wire beneficiary.

beneficiary_type

stringRequired

The type of the wire beneficiary. Possible values: individual, business

local_account_number

stringRequired

The local account number at the beneficiary's bank (used for international counterparties).

local_bank_code

stringRequired

The local bank code of the beneficiary's bank (used for international counterparties).

wire_drawdown_allowed

booleanRequired

Whitelists counterparties for automatic approval of drawdown requests to Column via Fedwire. If false, all inbound drawdown requests from this counterparty will require explicit approval.

ultimate_beneficiary_counterparty_id

stringRequired

ID of the ultimate beneficiary counterparty that will receive the transfer. This is only required on outgoing IAT debits. Either ultimate_beneficiary_counterparty or ultimate_beneficiary_counterparty_id is required.

ultimate_originator_counterparty

objectOptional

Counterparty object to create an ultimate originator counterparty at the time of transfer creation. This is only required on outgoing IAT credits. Either ultimate_originator_counterparty or ultimate_originator_counterparty_id is required.

account_number

stringRequired

The account number for the bank account.

account_type

stringRequired

The type of the account number. Can be checking or savings.

address

objectRequired

Addresses need to adhere to character validation, as addresses are used across multiple payment rails. Characters are validated according to the Fedwire character validation.

city

stringRequired

City name

country_code

stringRequired

Two-letter ISO 3166-1 alpha-2 country code (e.g. US)

line_1

stringRequired

Street address line 1

line_2

stringOptional

Street address line 2

postal_code

stringOptional

Postal or ZIP code

state

stringOptional

State or province

description

stringRequired

Description of the counterparty visible only in your platform. Maximum length: 127 characters.

email

stringRequired

The email address of the beneficiary.

legal_id

stringRequired

The legal ID (e.g., Tax ID, Cedula Juridica, etc.) of the beneficiary. This field is recommended for international wire transfers, and required in some countries. Maximum length: 127 characters.

legal_type

stringRequired

The legal entity type of the beneficiary. Can be business, non_profit, individual, or sole_proprietor. This field is recommended for international wire transfers, and required in some countries.

local_account_number

stringRequired

The local account number (e.g. Cuenta Cliente in Costa Rica) in the beneficiary's bank. This field is recommended for international wire transfers, and required in some countries. Maximum length: 63 characters.

local_bank_code

stringRequired

The local bank code of the beneficiary's bank (e.g., India IFSC, Australia BSB, China CNAPS, etc.). This field is recommended for international wire transfers, and required in some countries. Maximum length: 63 characters.

local_bank_country_code

stringRequired

The ISO 3166-1 alpha-2 country code of the beneficiary's local bank.

local_bank_name

stringRequired

Name of the beneficiary's local bank.

name

stringRequired

The counterparty name who owns the bank account. There is a 127 character limit for this field. For domestic wires, only the first 35 characters are included in the wire message.

phone

stringRequired

The phone number of the beneficiary. This field is recommended for international wire transfers, and required in some countries. Maximum length: 31 characters.

routing_number

stringRequired

The routing number of the bank.

routing_number_type

stringRequired

The type of the routing number. Can be aba, bic, or other.

wire

objectRequired

Wire-specific details for this counterparty, including beneficiary information and local bank details.

beneficiary_address

objectRequired

The address of the wire beneficiary.

city

stringRequired

City name

country_code

stringRequired

Two-letter ISO 3166-1 alpha-2 country code (e.g. US)

line_1

stringRequired

Street address line 1

line_2

stringOptional

Street address line 2

postal_code

stringOptional

Postal or ZIP code

state

stringOptional

State or province

beneficiary_email

stringRequired

The email address of the wire beneficiary.

beneficiary_legal_id

stringRequired

The legal identification number of the wire beneficiary (e.g. EIN or SSN).

beneficiary_name

stringRequired

The name of the wire beneficiary.

beneficiary_phone

stringRequired

The phone number of the wire beneficiary.

beneficiary_type

stringRequired

The type of the wire beneficiary. Possible values: individual, business

local_account_number

stringRequired

The local account number at the beneficiary's bank (used for international counterparties).

local_bank_code

stringRequired

The local bank code of the beneficiary's bank (used for international counterparties).

wire_drawdown_allowed

booleanRequired

Whitelists counterparties for automatic approval of drawdown requests to Column via Fedwire. If false, all inbound drawdown requests from this counterparty will require explicit approval.

ultimate_originator_counterparty_id

stringRequired

ID of the ultimate originating counterparty that will sent the transfer. This is only required on outgoing IAT credits. Either ultimate_originator_counterparty or ultimate_originator_counterparty_id is required.