Create a Stripe payout to a connected account's external bank account and initiate instant payouts

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

Verified steps

  1. Ensure the connected account has an external bank account attached; create or retrieve it via the External Accounts API under the connected account using the Stripe-Account header
  2. For standard payouts, create a Payout object via POST /v1/payouts with amount, currency, and optionally method='standard'; Stripe uses the connected account's default external account
  3. For instant payouts, set method='instant' and specify destination as the eligible debit card or bank account ID on the connected account
  4. Check connected account eligibility for instant payouts by retrieving the account and inspecting capabilities.instant_payouts or by calling the External Accounts list and checking each account's available_payout_methods
  5. Instant payouts arrive within 30 minutes and carry a fee; confirm the fee structure and your platform's daily volume cap before enabling for users
  6. Listen for payout.paid or payout.failed webhooks to track payout status

Known gotchas

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