Create Payout

Note: For cross-currency payouts, refer to the Cross-Currency Payout Guide.

SWIFT

When initiating a payout via SWIFT, you must specify fee_paid_by to indicate how transaction fees are charged:

SHARED – Transaction fees are split between payer and recipient; payer pays sending bank fees while recipient pays receiving bank fees.
OURS – All transaction fees, including intermediary bank charges, are paid by the payer.

SHARED

{
    "currency": "USD",
    "amount": "1.00",
    "purpose_code": "AUDIO_VISUAL_SERVICES",
    "payout_reference": "payout reference",
    "fee_paid_by": "SHARED",
    "payout_date": "2025-11-06",
    "beneficiary_id": "2e9dd1db-8507-49d6-991b-ad8b4b93918e"
}

OURS

{
    "currency": "USD",
    "amount": "1.00",
    "purpose_code": "AUDIO_VISUAL_SERVICES",
    "payout_reference": "payout reference",
    "fee_paid_by": "OURS",
    "payout_date": "2025-11-05",
    "beneficiary_id": "2e9dd1db-8507-49d6-991b-ad8b4b93918e"
}

LOCAL

{
    "currency": "USD",
    "amount": "1.11",
    "purpose_code": "AUDIO_VISUAL_SERVICES",
    "payout_reference": "payout reference",
    "payout_date": "2025-11-05",
    "beneficiary_id": "67e07799-7afe-41f0-ac70-41dece587240"
}