Update Bank

PUT https://prod.api.getborderless.com/external-contacts/{handle}/bank-accounts

Introduction

This endpoint allows you to update the preferred settlement speed for an external contact’s specific bank account. If the external contact will receive a payment to this account, and fees are configured to be borne by the recipient, the recipient will be charged according to their selected settlement speed.

Data Requirements

Provide the following data requirements when sending a PUT request to the Update Bank endpoint.

The body of the request should contain the following properties for the values you wish to update:

Parameter	Required?	Description	Type
bankAccountId	Yes	The unique identifier of the bank account associated with the external contact. This ID is used to specify which bank account the preferred settlement speed update should apply to.	String
settlementSpeed	Yes	Specifies the preferred speed at which the payment should be settled to the external contact’s bank account. This value determines how quickly funds are transferred when the recipient is responsible for any associated fees.	String

The url of this request should contain the following path parameter:

Parameter	Required?	Description	Type
handle	Yes	Account @handle of the external contact without the “@” symbol. Special characters must be URL-encoded before using in the endpoint URL (e.g., ^example => %5Eexample). Read more about borderless™ @handles.	String