#slowgen - Transfers

1 messages · Page 1 of 1 (latest)

opaque tartan
#

What types of accounts?

chilly mulch
#

express

opaque tartan
#

Okay, the platform can move funds from a connected account to the platform and then transfer them to another connected account but it needs to act as the middle man and have the necessary balance to cover the funds transfer

chilly mulch
#

is it a matter of making an account debit, then adding funds to the other connected account

opaque tartan
#

I believe so, account debit -> platform balance updates -> transfer to connected account

chilly mulch
#

Thank you. Finally are there fees involved in adding funds to an account from the platform

opaque tartan
#

I think there are different levels of pricing in this situation but unfortunately I'm not an expert in the fee structure. If you are uncertain I would do the following:

  • Test this process with some test accounts and validate the funds flow is what you expect
  • Write in to Support to get a clear description of which fees apply for exactly what actions (https://support.stripe.com/contact/email)