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Bank Transfer

Bank transfers come in a wide range of national and international variations. Some are push-based where the payer initiates transfer, while others are pull-based, meaning the payee initiates the transfer.

The transfer payment can move from one bank to another using a direct connection between the banks involved. or it can pass through a standardized network such as SWIFT.

You create a custom payment method for any push-based bank transfer method. The payment processing is handled entirely by the banks, but you can get the payment details into FinDock through reconciliation using bank files.

For bank transfers initiated by the payee, there is typically a payment reference involved that is included in the payment request. For further information about these options, please see the overview of supported payment request methods.

Bank transfer processors

Payment ProcessorEntityOne-timeRecurringRefunds