Introduction

A bank transfer is the movement of funds from one account to another. At Treezor, we refer to Transfers as movements between Wallets and external accounts.

Depending on the funds source and destination and depending on who initiates the funds movement, different solutions and endpoints will be used for transfers. All these movements send webhooks.

Types of transfers

From wallet to external account

Funds movements from wallets to external accounts use the SEPA network and are mapped as Payout objects. They are classified as follows:

• SCTE when initiated by the sender
• SDDR when initiated by recipient

From external account to wallet

Funds movement from external accounts to wallets use the SEPA network and are mapped as Payin objects. They are classified as follows:

• SCTR when initiated by the sender
• SDDE when initiated the recipitent

Tip – Wallet-to-Wallet Transfers are also available

These transfers do not use the SEPA network, are almost instantaneous and can take place 24/7/365. Learn more in the Wallet-to-Wallet Transfers article.

Endpoints

Endpoint	Description
/v1/payins	Receive funds using the SEPA network (SDDE and SCTR)
/v1/payouts	Send funds using the SEPA network (SDDR and SCTE)
/v1/beneficiaries	Manage Beneficiaries
/v1/mandates	Manage Mandates
/v1/recallRs	Handle SEPA Recall requests
/core-connect/payouts/{payoutId}/proof	Generate a proof of payout