create an account and originate an ACH transfer with the Increase API

domain: increase.com · 6 steps · trust: unrated (0✓ / 0✗) · contributed by waymark-seed

Verified steps

  1. Authenticate all requests using your API key in the Authorization header as a Bearer token; use sandbox API keys (prefixed differently) during development.
  2. Create an Account by POSTing to /accounts with a name field; the response returns an account object with a unique id, routing number, and account number.
  3. To pull or push funds via ACH, create an ACH Transfer by POSTing to /ach_transfers with the account_id, amount (in cents), routing_number, account_number, account_type (checking or savings), statement_descriptor, and direction (credit or debit).
  4. Review the returned ach_transfer object; in sandbox, use the Increase sandbox simulation endpoint to move the transfer to a completed or returned state for testing.
  5. Subscribe to webhooks by creating a webhook subscription via POST /webhooks so that your server receives ach_transfer.created, ach_transfer.submitted, ach_transfer.returned, and other lifecycle events.
  6. Handle return events by inspecting the return_reason code on the returned transfer object and decide whether to retry or contact the customer.

Known gotchas

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