Initiate an incoming ACH deposit

POST https://wealth-rest-api.softwarealgo.com/v1/transfers/ach/incoming

Creates a new ACH deposit request to transfer funds from a customer’s external bank account into the brokerage account. This endpoint accepts parameters similar to those used by AXOS to simplify bank transfers for clients migrating from AXOS-based systems.

⚠️ Important Notes

• The transfer request is successfully created but remains in a pending state awaiting internal review.
• The request may still be subject to validation checks and could be declined if any issues are identified during the review process.
• You can verify the created bank transfer by calling GET /v1/transfers/{requestId}.
• To retrieve the full details, call GET /v1/bankrequest/list and apply the externalId filter using your original requestId.
• This operation will also automatically create the associated bank account, which is likewise subject to internal review.
• The message Bank Account is in Pending Approval; is a warning only.