Domestic Money Transfer API
APIScript Developer provides a secure domestic money transfer API for businesses in India. The current
money transfer limit is 50,000 per month per mobile.
Use the API to initiate transfers to beneficiary accounts and track transaction results.
Domestic money transfer API is an application programming interface (API) that enables users to transfer money electronically from one domestic bank account to another.
Domestic money transfer APIs are typically used by financial institutions, payment processors and other businesses that offer money transfer services to customers.
Domestic money transfer API provides a secure and reliable way for businesses to transfer funds between bank accounts without the need for manual processes, which can be time-consuming and error-prone. It enables businesses to automate the process of transferring funds, which can help them save time and reduce costs.
A DMT API provides methods that developers can integrate into their applications. Depending on the integration, these methods can support transfer initiation, transaction history, account management and status tracking. Businesses remain responsible for their applicable compliance and security requirements.
Domestic money transfer API benefits:
- JSON-based API that is straightforward for developers to integrate.
- Secure API platform for domestic money transfer workflows.
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Our Money Transfer API support - Sandbox Environment, Restful APIs, Supports Multiple Languages,
Code Snippets Available.
- Transfer funds to beneficiary accounts nationwide through supported payment rails.
- Secure integration using SSL/TLS-protected connections.
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The transfer API supports banks connected to the relevant IMPS or NEFT network. Availability,
processing time and bank holidays depend on the selected payment rail and participating bank.
Domestic money transfer APIs help website owners, SMEs and other organizations add
money transfer capabilities to their platforms and streamline operational workflows.
APIs are used by a lot of banks all around the world. They are a very important part of the banking
system. They can be used to access data both for internal and external use. They are also used to
internally collect and collate data. APIs are also used by international organizations like the
World Bank and others that have large datasets with users in different locations all around the
world who need to access it.
Through supported NEFT and IMPS integrations, participating banks can be connected for money transfer.
You can also view your available balance, service charges, transaction history and transaction status in
the API portal.
To start a custom website or integrate the money transfer API, email us your requirements.
Example
curl -X POST "https://apiscript.in/api/v1/dmt/transfer" \
-H "Content-Type: application/json" \
-H "Authorization: Bearer <API_KEY>" \
-d '{"to_account":"9876543210","ifsc":"HDFC0001234","amount":5000,"mode":"IMPS"}'
