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August 5, 2025

Payouts and Payins

New Feature

Know When Funds Will Arrive — Estimated Delivery Time

Clients can now view the expected delivery time of payouts at the moment a transaction is initiated. This information is shared via the estimatedDeliveryTime field in the REMIT_TRANSACTION_SENT_TO_BANK webhook.

The timestamp reflects when the funds are expected to reach the beneficiary, based on real-time routing data, partner cutoffs, and local holidays.

For more information, see Remit Transaction Sent To Bank.

Upcoming Regulatory Change

Effective October 9, 2025, all EUR Local payouts from EU-based clients will undergo Verification of Payee (VoP) checks per EU regulation. Payouts with name mismatches will be rejected by default.

See the VoP Migration Guide for integration details and configuration steps.