Initiate a Transfer

Attempt to initiate a Transfer between two Synthetic Accounts. Before the Transfer will be initiated, several checks will be performed to ensure there is sufficient balance in the source account and that the initiating Customer has all the necessary access to both Synthetic Accounts. Depending on the Synthetic Account Types involved and the Program configuration, a new Transfer could complete instantly or take as many as 6 business days.

Note that master asset Synthetic Accounts cannot be used for Transfers. The Synthetic Accounts allowed in a Transfer request are:

  • two liability Synthetic Accounts in the general category
  • a liability Synthetic Account in the general category and a Synthetic Account in the
    external/plaid_external category.
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