Use Stripe customer_balance with bank transfer funding instructions to receive a bank transfer

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

Verified steps

  1. Create a Stripe Customer and ensure their cash_balance.settings.reconciliation_mode is set appropriately ('automatic' or 'manual')
  2. Create a PaymentIntent with payment_method_types=['customer_balance'], payment_method_data.type='customer_balance', amount, currency, and the customer ID
  3. Confirm the PaymentIntent; Stripe generates a virtual bank account number (VBAN) for the customer to push funds to
  4. Retrieve the PaymentIntent's next_action.display_bank_transfer_instructions to get the VBAN routing number, account number, and reference code to show the customer
  5. When the customer wires or ACH-pushes funds to the VBAN, Stripe credits the customer's cash balance and automatically applies it to the open PaymentIntent
  6. Listen for the payment_intent.succeeded webhook to confirm the PaymentIntent is funded

Known gotchas

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