#L0rdandBooz

1 messages · Page 1 of 1 (latest)

ocean hawkBOT
grim ferry
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Hi there

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What's your question

little ridge
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The external account is supposed to be an external bank account right?

grim ferry
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Yep or Debit Card

little ridge
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Ok my question then is I'm verifying ownership of a bank account via stripe setupIntent -> collectBankAccountForSetup. However, the external account requirement still exists. Why is that?

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Shouldn't verifying ownership and attaching it to the connect account take care of this requirement or am I misunderstanding things?

grim ferry
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Are you trying to use Financial Connections here for Connect Payouts?

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Or are you just trying to add an External Account normally?

little ridge
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I'm trying to make it so our customers can ach in and out with treasury. Is the external account negligible then? I was under the impression it's what was needed to do these money transfers but it seems as though that may not be the case.

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It's an issuing platform if that helps you understand things better.

grim ferry
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Gotcha, let me double check

little ridge
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No problem thank you.

grim ferry
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Okay

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Are you setting attach_to_self=true?

little ridge
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yes.

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                attach_to_self: true,
                flow_directions: ['inbound', 'outbound'],
                payment_method_types: ['us_bank_account'],
                payment_method_options: {us_bank_account: {verification_method: "automatic"}}
            },{
                stripeAccount: dbUser.connectAccountID,
            });```
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Here's my code snippet in case you're interested.

grim ferry
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Okay I think I was wrong. I'm checking with a colleague but I do think these Treasury flows are designed to be handled separately from normal payins/payouts for your Connected Account. So you would indeed want to collect an external account via Connect Onboarding (or your own onboarding flow) for the Connected Account. Let me confirm though

little ridge
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Is there a need for me to collect the external account at that point if I want them depositing / withdrawing via an ach?

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If so how do I collect it via Connect Onboarding because I never saw an option for that.

grim ferry
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Okay so yeah I think this is just a rough edge right now

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I'll file some feedback since it does seem like a duplication

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But for now

little ridge
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Awesome thank you so much bismarck!