Bank transfers

Bank transfers

Learn about bank transfers with Stripe.

Bank transfers let customers send money to you directly from their bank account. Bank transfers are often used by:

  • Software or services businesses accepting large, one-off payments from other businesses.
  • Businesses that want a low-cost alternative to cards for large one-time consumer payments, like car or auction purchases.

Bank transfers may not be a good fit for your business if:

  • You accept many low value transactions. Customers have to initiate bank transfers through their bank account, and can send the wrong amount.
  • You need payments to be completed at a specific time. It may take a customer hours or even days to send payment via their bank and bank transfers have varying speeds by market
  • You frequently send refunds. Most bank transfer methods don’t support refunds directly. To refund a transaction, Stripe contacts the customer to find the best way to refund them. The customer may not always respond.

Payment experience

At checkout, you instruct the customer to send funds to an account number provided by Stripe (known as a “virtual account number”). The customer initiates the transfer from their bank’s site, app, ATM, or in-person branch.

Some bank transfer methods let you control the amount the customer sends, or reuse virtual account numbers.

Product support

Payment method Customer country PaymentIntents Checkout Connect Invoicing Subscriptions
ACH bank transfers and wires (beta) United States No No No
Multibanco (beta) Portugal No No No No

We’re adding bank transfers to the Payment Intents API with auto reconciliation and refund support. Contact us to request a new bank transfer method or join one of the betas:

  • ACH bank transfers on PaymentIntents
  • UK bank transfers
  • SEPA bank transfers
  • Japan bank transfers