Peer-to-Peer Transfers
Galileo allows you to transfer money between any two Galileo Accounts—instantly and free. A transfer between two Cardholder Accounts is useful for peer-to-peer payments.
Instructions
Step 1: Obtain the destination_account_id
and source_account_id
destination_account_id
and source_account_id
Obtain the account_id
for both accounts involved in the transfer. The account_id
may be obtained by sending a GET request to the Accounts endpoint, including the cardholder_id
of the cardholder who is sending or receiving money as the path parameter.
Step 2: Create the transfer
Determine which account from Step 1 above is the source account and which is the destination account. Send a POST request to the Transfers endpoint, including the source_account_id
, the destination_account_id
and the amount
.
If the amount
is greater than the source account balance, the request will result in an insufficient_funds
error.
The response contains a source_transaction_id
and a destination_transaction_id
that map the transfer to transactions on the respective accounts. Both participating accounts now have transactions with a transfer
type and an account_to_account
subtype in the transaction history.
Updated almost 2 years ago