ACH Onramp
Connect bank accounts with Plaid or ACH / Bank Details
There are 2 methods to connect a bank account to Wyre:
- Integrate with Plaid
- Create payment method via bank details
Connect with Plaid
The Wyre LOCAL_TRANSFER
connection flow leverages your Plaid Link account in order to make it easy for your customers to connect their bank account to their Wyre account. You can activate Wyre within the Plaid integrations dashboard. Refer to the Plaid for Bank Transfers guide for finishing the link and passing the processorToken
.


Creating Payment Methods Via Bank Details
We can pass bank details to the Create Payment Method endpoint.
//US payment method details
{
"paymentMethodType": "INTERNATIONAL_TRANSFER",
"paymentType": "LOCAL_BANK_WIRE",
"currency": "USD",
"country": "US",
"beneficiaryType": "INDIVIDUAL",
"firstNameOnAccount": "Sally",
"lastNameOnAccount": "Smith",
"beneficiaryAddress": "1234 Main St.",
"beneficiaryAddress2": "",
"beneficiaryCity": "Los Angeles",
"beneficiaryPostal": "91604",
"beneficiaryPhoneNumber": "+15555555555",
"beneficaryState": "CA",
"beneficiaryDobDay": 2,
"beneficiaryDobMonth": 12,
"beneficiaryDobYear": 1990,
"accountNumber": "1234567890123",
"routingNumber": "123412312",
"accountType": "CHECKING",
"chargeablePM": false
}
Account Number
Please note that the
accountNumber
parameter should be your bank account number, i.e. checking or savings account number. This should not be your Wyre account id.
A payment method must be approved in order to pull funds from it. Once approved, the payment method will transition from PENDING
status to ACTIVE
. When setting chargeablePM
to true
, a bank statement upload is required to move the account from AWAITING_FOLLOWUP
to PENDING
. After a successful review of the bank statement, the status will transition to ACTIVE
.
When you create a Payment Method using this API it will return with a status of AWAITING_FOLLOWUP
. If you have set chargeablePM
to false then the status will remain AWAITING_FOLLOWUP
, however, you will be able to make payouts (push) to the payment method.
Bank Document Upload
In the case that we are adding banks via banking details or when the name on the bank account does not match the name of the User account, Wyre will require a Bank Document Upload
Document requirements
We require a digital bank statement. Must be within the last 3 months and show a full month of transactions.
ACH Funds Delivery Timeline
ACH transfers should be delivered 5 business days after the date of initiation. The expected delivery date of funds can be impacted due to bank holidays and weekends.


ACH Failure Notifications
ACH transfers are done through the Create Transfer endpoint. A transfer id is generated for every initiated transfer, including ACH deposits. You can query the transfer by id to get details from the API regarding ACH failures.
Set up Auto-Liquidation Address
Wyre enables our partners to give a payment method its own blockchain addresses for instant liquidation. Refer to our Bank Payouts guide for more information.
Updated about 2 months ago