#saber-payout-balance
dawn helm
Hello, are you using standard, express, or custom connected accounts?
Have you followed this guide to set up something for them to pay out to? https://stripe.com/docs/connect/payouts-bank-accounts
jagged dust
Custom account
dawn helm
And have you followed that guide to set up something for them to pay out to?
jagged dust
My question is, if value of "Source" field is only "card", "bank_account" and "fpx", how can then the money from Stripe account will flow to the bank account of a connected account? Because value of "Source" did not say "Stripe Account". Please clarify!. Thank you!
dawn helm
Those are all balances that are on the stripe account
If you list the balances for that account you may see them broken down by those types https://stripe.com/docs/api/balance/balance_retrieve
Also that is an optional parameter, you should be able to create a payout without it. Do you get an error if you don't provide the parameter?
jagged dust
Ok.
jagged dust
Will you explain why conditions are set to delete a bank account?
dawn helm
Happy to help but I do not understand your question. Can you tell me more? What are you asking about deleting a bank account?
jagged dust
Stripe imposes restrictions in deleting an external bank account for connected account. Why?
dawn helm
Is there a specific doc that you are looking at here? I am not familiar with this restrictions but will research them for you
jagged dust
Delete a bank account
You can delete destination bank accounts from a Custom account.
There are restrictions for deleting a bank account with default_for_currency set to true. You cannot delete a bank account if any of the following apply:
The bank account's currency is the same as the Account[default_currency].
There is another external account (card or bank account) with the same currency as the bank account.
To delete a bank account, you must first replace the default external account by setting default_for_currency with another external account in the same currency.
dawn helm
I am not finding much on these restrictions. If you talk to our support they may know more about why these restrictions exist https://support.stripe.com/?contact=true
Do you have any API quesitons about handling this deletion? Or are you just interested in why the restrictions exist?
thin trenchBOT
thin trenchBOT
ruby cairn
saber-payout-balance
jagged dust
Why the restriction exists to delete a bank account for connected account?
jagged dust
What risks we are talking?
cosmic tapir
Well you as the platform are responsible for any balance on your Connected Accounts
If your Connected Account goes to a negative balance then we try to debit the external account
So that you don't lose money as the platform
Since you would ultimately have to cover that negative balance
jagged dust
So the Stripe will debit money from the connected external account in case of negative balance. Am I correct?
To open a connected account Thailand, we need the following fields "Bank Name", "Account Number" and "Bank Code. If you look at the field on creating "External Bank Account" object, you will not find the field "Bank Code". How can then a person can add an external account for the country Thailand?
cosmic tapir
The Bank code in that case should be the routing number
jagged dust
Is there any documentation that shows which field will be replaced by which fields as Stirpe support 120 countries?
THis is regarding creating external bank account for connected account.
cosmic tapir
Nothing in the API
You would mostly refer to https://stripe.com/docs/payouts#adding-bank-account-information
All non-account numbers will go into the routing field
jagged dust
ABove link is not sufficient. Now we have to do trial and error method to find out the replacable fields and this not professional way to design API.