Wire parameters
You can use the Wire rail in Arix to push money into the account of a borrower, vendor or creditor.
Wire transfers go through Fedwire®, operated by the US Federal Reserve.
CRB releases wires to the Fed, multiple times a business day during business hours. Subsequent rails of a loan, will not be sent until the wire is completed or rejected.
JSON
{
"Rails": [
{
"RailType": "Wire",
"Priority": 1,
"Amount": 80,
"WireFields": {
"SubjectName": "King Kong",
"Description": "Smash",
"AdditionalDescription": "Me want to buy present for Anne",
"SubjectRouting": "021000021",
"SubjectAccount": "20020020022",
"SubjectAddress": {
"Street": "350 Fifth Avenue",
"AdditionalLine": "Empire",
"BuildingNumber": "6",
"City": "New York City",
"State": "NY",
"PostalCode": "10118",
"Country": "US"
}
}
}
]
}
Request parameters
Attribute |
Description |
---|---|
SubjectName string |
Beneficiary name. Maximum 35 characters. |
SubjectRouting string |
Beneficiary bank's routing number Required |
SubjectAccount string |
Beneficiary account number Required |
Description string |
For internal CR use. Reason for the wire transfer. The data is not included with the outgoing FedWire message Required |
AdditionalDescription string |
Information from the originator to the beneficiary |
SubjectAddress Address |
The Address of the Beneficiary When sent like the example in the above JSON, the address will look like this: King Kong 350 Fifth Avenue 6 NY New York City 10118 Empire |