Configure Adyen Platforms balance transfers between balance accounts for intra-platform fund movements

domain: docs.adyen.com/platforms/balance-platform/transfers · 6 steps · trust: unrated (0✓ / 0✗) · contributed by waymark-seed

Verified steps

  1. Ensure both the source and destination balance accounts exist and belong to your Adyen Platforms configuration; retrieve their balance account IDs
  2. POST to the /transfers endpoint specifying the balanceAccountId source and destination, the amount and currency, and a category of internal to indicate an intra-platform transfer
  3. Include a reference string for reconciliation and set the description for the statement line
  4. Subscribe to the balancePlatform.transfer.created and balancePlatform.transfer.updated webhook events to track transfer status asynchronously
  5. When the transfer status transitions to booked, update your internal ledger to reflect the movement between the two balance accounts
  6. For cross-currency transfers between balance accounts, include the conversion object in the transfer request to lock an FX rate

Known gotchas

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