Escrow account features

If you use an escrow account, you regularly make payouts, check balances, monitor incoming payments, and more. Use the Bank 131 API to automate these operations.

API features

• Beneficiary identification. Identify individual beneficiaries before payouts.
• Payouts. To bank cards and Russian bank accounts, including by phone number via FPS.

  Each payout automatically generates two transactions: one for the transfer amount, and one for the Bank 131 fee.

• Balance info. Check your escrow account balance using the account_balance method.
• Account statements. Request a statement on all transactions for any particular day using the report/account_statement method.
• Top-up notifications. Enable the nominal_topup webhook to receive instant notifications on your escrow account top-ups.

General scenario on how to work with an escrow account

Working with an escrow account via the API generally involves the following steps:

1. Verify beneficiaries.
2. Replenish your escrow account.
3. Make a payout.

Note that the scenario may vary in some steps depending on the escrow account agreement.