Automate Money Movement With Scheduled Transfers

You can now automate money movement on a recurring basis through either our Deliver API solution or Monitor, our web-based portal. 

With scheduled transfers, you can create a schedule for a variety of purposes, such as supporting an invoice-to-payments flow, automating the collection of subscriptions, or initiating a one-time transfer for a future date.

Here’s how to start using scheduled transfers.

Schedule Transfers Via Deliver API

Simply create a recurrence rule (recommended RRule Generator) to define the cadence of the transfers.

Next, populate the rest of the applicable fields in the API to create the schedule. This option creates a schedule that continues indefinitely or until a date or count where all transfer details are the same. 

Once created, a schedule cannot be modified or edited. However, schedules can be cancelled.

To cancel a schedule, follow these steps:

1. Locate the schedule ID.
2. Request Cancel Schedule with the Schedule ID.
3. Get the response.

Create, View, and Manage Schedules Via Monitor

To create a new schedule from Monitor, follow these steps:

1. Navigate to the Transfers page.
2. Locate the Completed transfer you want to generate a schedule from.
3. Click the Actions menu and select “Create Schedule.”
4. Fill out the details for the schedule.
5. Select “Preview Schedule” to view upcoming schedules.
6. Create the schedule.

To cancel a schedule: 

1. Identify the schedule to cancel in the Transfer Schedules tab from the Transfers page.
2. Click the Actions menu and select “Cancel Schedule.”

Get Started Now

Sign into Monitor and set up your first schedule today. We’d love to hear what you think. If you need any help, send a note to service@orum.io and we’ll point you in the right direction.