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balanced / balanced-api

Balanced API specification.
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Allow addenda records in ACH transactions #694

Open tonyhb opened 10 years ago

tonyhb commented 10 years ago

Depending on the type of ACH it'd be great to add a singular addenda record to an ACH payout (particularly CCD payments)

A lot of services use these records to verify incoming transfers and match them up to their internal systems. Right now coordinating payouts between Balanced and external services that track bank transfers this way isn't possible.

msherry commented 10 years ago

@tonyhb This seems like a useful addition, and I'd love to see it added to the Balanced API. In the meantime, though, is it possible to use appears_on_statement_as for your tracking purposes?

tonyhb commented 10 years ago

Hey! Glad to hear that it'd fit with the product.

Yeah, the appears_on_statement_as field may be a possibility in the interim. We're looking into that and will run a couple live payments through the system to see if we can get it to match and verify.

Best case it goes well, worst case we'll have to manually verify via looking at statements which might tide us over for a month or two.

codelitt commented 10 years ago

Awesome! I imagine other users would appreciate it as well given that ut is basically an industry standard note for ACH's.