Create Account Transfer

Use the Create Account Transfer endpoint to move funds between accounts in the same program. You can combine a fee with the payment or adjustment, depending on what transaction types you have set up with SoFi Tech Solutions. The accounts can belong to the same customer or different customers. If the accounts are in different programs, verify that the program parameters permit transferring funds between the programs.

Pass the sending account in the accountNo parameter and the receiving account in the transferToAccountNo parameter. The receiving account should be in status: N (active) and the active flag set to Y.

To permit this endpoint to drive the sending account negative, set the ALWNB parameter on the sending product.

Consult the <a href="doc:creating-an-internal-transfer" target="_blank">Creating an Internal Transfer</a> guide for instructions on using this endpoint.