Ask HN: What service has an API to do wire transfers?

Posted by fedesoria on Wednesday November 03, 2010 @08:59PM
from the ask-hn dept.

Need to incorporate into a startup the ability to send wire transfers to clients who submit their bank information and so far I haven't been able to find a service that lets me do this through an API. Help?

( 5 comments | 16 points | on HN )

Re:Ask HN: What service has an API to do wire transfers? by i2pi on Wednesday November 03, 2010 @11:04PM (#1867479)

When you say wire transfers, do you mean international wire transfers or domestic ACH transactions? For the latter, there are a few companies that provide electronic ACH processing & an API.

The biggest problem that you'll face is not actually moving the money, but complying to anti-money laundering regulations and the like.

That said, we're building a banking service with an API. We've done the hard work. I'd love to know more about your use case to see if we can help.

[ Parent | on HN ]

Re:Ask HN: What service has an API to do wire transfers? by harrisonhjones on Wednesday November 03, 2010 @11:55PM (#1867607)

I would be interested in a banking service with an API. What kind of service are you building?

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Re:Ask HN: What service has an API to do wire transfers? by i2pi on Thursday November 04, 2010 @02:57PM (#1870268)

http://banksimple.com/

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Re:Ask HN: What service has an API to do wire transfers? by teyc on Thursday November 04, 2010 @12:26AM (#1867686)

PaySimple has an API. I think Shopify uses it.

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Re:Ask HN: What service has an API to do wire transfers? by mattew on Wednesday November 03, 2010 @11:02PM (#1867471)

Do you really need wire transfers, or would ACH transactions suffice? Wires generally have a fairly significant fee schedule associated with them.

[ Parent | on HN ]