Ask HN: What service has an API to do wire transfers?

https://news.ycombinator.com/item?id=1867154

by fedesoria • 16 years ago

16 5 16 years ago

news.ycombinator.com

Need to incorporate into a startup the ability to send wire transfers to clients who submit their bank information and so far I haven't been able to find a service that lets me do this through an API. Help?

mattew• 16 years ago

Do you really need wire transfers, or would ACH transactions suffice? Wires generally have a fairly significant fee schedule associated with them.

i2pi2• 16 years ago

When you say wire transfers, do you mean international wire transfers or domestic ACH transactions? For the latter, there are a few companies that provide electronic ACH processing & an API.

The biggest problem that you'll face is not actually moving the money, but complying to anti-money laundering regulations and the like.

That said, we're building a banking service with an API. We've done the hard work. I'd love to know more about your use case to see if we can help.

harrisonhjones• 16 years ago

I would be interested in a banking service with an API. What kind of service are you building?

teyc• 16 years ago

PaySimple has an API. I think Shopify uses it.

i2pi2• 16 years ago

http://banksimple.com/

Ask HN: What service has an API to do wire transfers?

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