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Payout methods define how funds are delivered to a payee. They determine the banking details required, delivery speed, and supported currencies and countries. Choosing the right payout method ensures payouts are delivered successfully, on time, and with the expected experience for the recipient.

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How payout methods work

Each payout is sent using a specific payout method based on:
  • Destination country
  • Currency
  • Available payment rails
  • Recipient details
Available methods vary by region. See supported countries for full coverage and availability.

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Types of payout methods

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Bank transfers

Standard bank transfers are the most widely supported payout method.
  • Local transfers for domestic payouts
  • International transfers for cross-border payouts
Bank transfers typically require:
  • Bank account number or IBAN
  • Bank or routing code (e.g. SWIFT, sort code, ABA)

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Real-time and local payment networks

Some countries support faster or local payout methods through domestic payment networks. These methods may offer:
  • Faster delivery times
  • Lower fees
  • Simpler recipient details
Requirements vary by country and network.

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Method selection

Payout methods can be selected in different ways:
  • Explicitly when creating a payout
  • Implicitly based on available payee details
  • By the recipient when using a payout link
If multiple methods are available, Acclaim can guide selection based on compatibility and completeness of details.

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Required details

Each payout method has specific required fields. Examples include:
  • IBAN and SWIFT code for international bank transfers
  • Routing number and account number for domestic transfers
  • Local identifiers for country-specific methods
Validation is performed automatically to ensure:
  • Correct formatting
  • Required fields are present
  • Compatibility with the selected method

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Method compatibility

Not all payout methods support all combinations of:
  • Country
  • Currency
  • Payee type (individual or business)
If a method is not compatible:
  • It will not be available for selection
  • Or the payout will require additional or corrected details

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Using payout methods with payees

Payees can have one or more payout methods associated with them. You can:
  • Store multiple methods for a single payee
  • Set a default method
  • Let recipients choose their preferred method via payout links
This allows you to adapt payouts to different regions and scenarios without recreating payees.
When using payout links, recipients can:
  • Provide required banking details
  • Select from supported payout methods (if enabled)
This ensures the payout method is valid, complete, and aligned with recipient preference before funds are sent.
Last modified on March 29, 2026