Create an automatic settlement rule
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Create an automatic settlement rule
with Token.io
Use Token.io: its Token.io's Open Banking API for TPPs Settlement Accounts API lets you create an automatic settlement rule in a single step (POST /virtual-accounts/{accountId}/settlement-rule). capabilities.work can help you get signed up and connected.
- Can I automatically sweep funds from a settlement account to my bank account on a schedule?
- Can a settlement rule pay out a fixed amount or a percentage at intraday intervals?
Say it to your AI assistant
- Create a settlement rule on account {account_id} paying {amount_value} ({amount_type}) to {payee} every {interval}, every {hours} hours intraday.
- Set up a sweep from settlement account {account_id} to {payee} starting {effective_from}.
For your developer
POST /virtual-accounts/{accountId}/settlement-rule in Token.io's Open Banking API for TPPs Settlement Accounts API. Full spec on APIs.io.