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What recipient information is required for payouts?

Recipient information requirements vary by country, currency, payment rail, and payout type.
Commonly required information may include:
 
  • Recipient name
  • Recipient type, such as individual or business
  • Bank account details
  • Routing information
  • Country
  • Currency
  • Address information, where required
  • Payment rail
  • Purpose of payment, where required
  • Additional compliance information, where required by the corridor or partner
 
Additional compliance information, where required by the corridor or partner
Some rails or jurisdictions may require additional fields before a payout can be processed.
For the required fields by rail and corridor, please refer to Bastion’s developer documentation.
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