Beneficiaries
Create, validate and retrieve beneficiaries
Alpha's Beneficiaries APIs allow you to create individual or company beneficiaries to ensure agility each time you want to make a payment. Optimise time and resources by removing the need to create a beneficiary for every payment.
The API provides you with the ability to pre-validate a beneficiary before submitting a create beneficiary request, which greatly reduces the chances of validation failure during payment creation. Additionally, retrieve the details of an existing beneficiary.
Validate a new beneficiary
Before creating a new beneficiary, you will have the ability to check the beneficiary details are correct, using the POST Validate Beneficiary
endpoint.
This step is not mandatory in the beneficiary creation process.
You will need to specify the AccountID
, Name
of the beneficiary, Address
, BankCountryCode
and CountryCode
in your request.
Create a new beneficiary
To create and submit a payment on Alpha, you must first create a beneficiary using the POST Beneficiary
endpoint.
Beneficiaries can be either individuals or companies, first-party or third-party.
You will need to specify the AccountID
, Name
of the beneficiary, Address
, BankCountryCode
and CountryCode
in your request.
Retrieve a beneficiary
Once a beneficiary has been created successfully, you can retrieve the details of a beneficiary using the GET Beneficiary
endpoint.
To retrieve the beneficiary details, you must include the Beneficiary ID
in the request. The Beneficiary ID
will be returned in the response to the successful creation of a new beneficiary.
Retrieve all beneficiaries
To retrieve all beneficiaries associated with an entity, you will need pass in the EntityID
in the request using the GET Beneficiaries
endpoint.
The response will contain a list of all active beneficiaries created by the specified entity. You will be able to filter the beneficiaries returned by specifying the Currency
and Country
of the beneficiary.
Update beneficiary address
Should the address of one of your beneficiaries change, you will be able to update it using the PUT Beneficiary endpoint
.
You will need to specify the new address in the request body.
Delete a beneficiary
To delete a beneficiary, you will need to use the DELETE Beneficiary
endpoint. In the request, you will need to include the EntityID
and the BeneficiaryID
of the beneficiary you would like to delete.
Once a beneficiary has been deleted, you will no longer be able to retrieve the beneficiary details via the GET Beneficiary
and GET Beneficiaries
endpoint.
If a payment has been made to a deleted beneficiary, you will still be able to retrieve the beneficiary details as part of the response through GET payment
or GET payments
endpoints.
For the technical implementation details, please see the Beneficiaries API reference
Updated about 2 months ago