Rails

US banks

• ACH

• Wire

• RTP / FedNow

  • Cybrid supports both RTP and FedNow for on-ramp and off-ramp
    transactions.
  • For off-ramp, initiate an RTP/FedNow withdrawal by
    specifying rtp as the payment_rail in a funding-type
    transfer. The payment is initiated from the Cybrid platform.

  ⚠️

  RTP withdrawals are only supported from customer-level accounts

  Attempting an RTP withdrawal from a bank-level account will return an
  "Invalid direction for payment rail" error. For bank-level withdrawals, use wire transfer or
  same-day ACH (limit: $6,000 per transfer) instead.

  ⚠️

  beneficiary_memo visibility is not guaranteed

  The beneficiary_memo field is included as remittance information in the RTP payment data.
  Whether this memo appears on the beneficiary's bank statement depends on the receiving bank's
  systems and practices. Some banks may not display the memo even when it is correctly sent.
  This is a known industry inconsistency that Cybrid is investigating with banking partners.

  • For on-ramp, create a
    deposit bank account
    for your customer. The customer transfers funds via RTP or
    FedNow outside the Cybrid platform.

CA banks

• EFT
  • For on-ramp, create a
    deposit bank account
    for your customer. The customer transfers funds via EFT outside the Cybrid
    platform.
  • For off-ramp, initiate an EFT withdrawal by specifying eft as the
    payment_rail in a funding-type transfer. The payment is initiated from the
    Cybrid platform.
• Interac E-Transfer
  • For on-ramp, initiate a funding deposit with payment_rail set to
    etransfer; the customer authorizes the payment (a Request for Money) to
    complete the deposit.
  • For off-ramp, initiate an Interac E-Transfer withdrawal by specifying
    etransfer as the payment_rail in a funding-type transfer.
  • See Interac E-Transfer for
    both flows.

ℹ️

Eligibility for CAD rails

CAD payment rails (EFT, Interac E-Transfer) are only available to Canadian entities and Canadian
banks on the Cybrid platform. US-based businesses cannot use CAD rails, even if they have CAD accounts at their
US bank. To use CAD onramps, your business must be registered in Canada and onboarded to a Canadian bank on the
Cybrid platform.