Transfer Balances

With xenPlatform, you have full control over your merchant’s balance. You can transfer any amount of funds from your platform account and sub-accounts, and vice-versa.

Source	Destination	Use Cases
Master-Account	Sub-Account	Send bonuses Send refunds Top up merchant’s balance
Sub-Account	Master-Account	Charge platform commission Charge subscription fees Charge management fees
Sub-Account	Sub-Account	Facilitate reselling or drop shipping

Creating Transfers

Create a Transfer via Dashboard

Navigate to the xenPlatform Accounts page
Click the Create transfer button
Fill in the required fields
1. From: account ID or name where the funds are transferred from
2. To: account ID or name where the funds are transferred to
3. Amounts to transfer: the amount of funds of your choice
4. Reference: a unique identifier of the transfer

Create a Transfer via API

To create transfer via API, you will need to specify the required parameters:

reference: a unique identifier of this transfer for reconciliation purposes
amount: the amount you would like to transfer
source_user_id: the account balance from which you would like to send the Transfer from
destination_user_id: the account balance from which you would like to send the Transfer to

curl --request POST \
  --url POST https://api.xendit.co/transfers \
  --data '{
"reference":"2020-nov-subscription-fee",
"amount":10000,
"source_user_id":"5cafeb170a2b18519b1b8768",
"destination_user_id":"5f8d0c0603ffe06b7d4d9fcf"
}'

Notes on transfers:

All transfers will be executed immediately
Transfer amount should be less than the total balance of the sender’s account
Transfer amount needs to be an absolute number
You can only create transfers using the Master-Account's API key. Sub-Accounts that you manage through xenPlatform have no ability to create transfers through this endpoint.