Lending
Loan funding - payment rails
Check parameters
5 min
to pay down loan proceeds, you can transfer funds by sending a physical check to the borrower or a biller (merchant or business) this is useful when you have to pay billers that don't accept payments via mastercard rpps you can add an optional base64 encoded attachment to accompany the check, and it will be mailed as a pdf check delivery after a check is issued, it takes about 5 7 business days for receipt (cr uses usps first class mail) if a check isn't cashed after 15 calendar days, it is canceled you can contact mpl ops to stop payment on a check, and for any questions regarding check delivery or receipt webhooks are reported when a check is processed, mailed, cashed, or expired for more information on webhooks, see webhook events important when you add a date field in a request, the format must be yyyy mm dd, such as 1970 12 05 request parameters { { "fundinginfoupdate" { "rails" \[ { "checkfields" { "physicaladdressofrecipient" { "line 1" "anita loan", "line 2" "strawberry fields lane", "city" "paradise city", "state" "ny", "zip" "11252", "country" "usa" }, "name" "anita", "attachment" "{encoded64 text here}", "description" "loan from cross river", "remittance advice" "", "isprintedandmailed" "0", "checkemail" "anita\@gmail com" }, "railtype" "check", "priority" 1, "amount" 200 0 } ] } }, request parameters true false 199false unhandled content type false unhandled content type false unhandled content type false unhandled content type false unhandled content type false unhandled content type false unhandled content type false unhandled content type false unhandled content type false unhandled content type false unhandled content type false unhandled content type false unhandled content type false unhandled content type false unhandled content type false unhandled content type false unhandled content type false unhandled content type false unhandled content type false unhandled content type false unhandled content type false unhandled content type false unhandled content type false unhandled content type false unhandled content type false unhandled content type false unhandled content type false unhandled content type false unhandled content type false unhandled content type false unhandled content type false unhandled content type attachments if your team utilizes our inserts with checks feature, please make sure you follow the requirements listed below (see attachment attribute) inserts must be in pdf format these are the requirements for creating your pdf truetype fonts must be used 8 5 x 11 margins are required any margins that are smaller or larger than this will not run properly through our programs pdf must be created by adobe version 1 4 or better pdf must be in portrait orientation inserts oriented in landscape may not print correctly all security on pdf must be removed pdf can not have edit restriction locks and can not be password protected pdf must be able to display the full page on “actual size” print settings if an insert is too large to print on the “actual size” setting, the insert will not print properly and the page may be cut off the insert must have all settings embedded/flattened fillable form pdf’s that are not embedded cannot be processed correctly and will be rendered blank the blue shaded area shown below should be kept clear this area is where 2d barcodes are placed