> ## Documentation Index
> Fetch the complete documentation index at: https://docs.pik.global/llms.txt
> Use this file to discover all available pages before exploring further.

# Pay to a Bank Account

> How to send AUD and other fiat currencies to an external bank account using the PIK Payouts API.

## AUD Payout — Australian bank account

http

```http theme={null}
POST /api/v1/payouts
Authorization: Bearer YOUR_PLATFORM_API_KEY
Content-Type: application/json

{
  "currency": "AUD",
  "amount": "500.00",
  "destination_type": "bank_account",
  "destination": {
    "bsb": "062000",
    "account_number": "12345678",
    "account_name": "Jane Smith"
  },
  "reference": "INV-2025-001"
}
```

**Required fields**

| Field                        | Type           | Description                                                |
| :--------------------------- | :------------- | :--------------------------------------------------------- |
| `currency`                   | string         | `AUD`                                                      |
| `amount`                     | decimal string | Amount to send, e.g. `"500.00"`                            |
| `destination_type`           | string         | `bank_account`                                             |
| `destination.bsb`            | string         | 6-digit BSB, no dash                                       |
| `destination.account_number` | string         | Bank account number                                        |
| `destination.account_name`   | string         | Name on the destination account                            |
| `reference`                  | string         | Your reference — appears in the recipient's bank statement |

**Optional fields**

| Field                   | Type   | Description                                                      |
| :---------------------- | :----- | :--------------------------------------------------------------- |
| `idempotency_key`       | string | Unique key to prevent duplicate payouts on retry                 |
| `x-on-behalf-of` header | string | Connected account ID — required if paying from a customer wallet |

## Payout to other fiat currencies

For USD (ACH), EUR (SEPA), GBP (Faster Payments), HKD (FPS), and SGD (FAST), the request structure is the same — change `currency` and supply the destination account details for that currency's local format. These corridors require activation on your platform account. Contact [hi@pik.global](mailto:hi@pik.global).

## Response

A successful request returns a `payout_id` and initial status of `pending`. Track progress with:

http

```http theme={null}
GET /api/v1/payouts/{payout_id}
Authorization: Bearer YOUR_PLATFORM_API_KEY
```

Or receive real-time updates via the `payout.completed` and `payout.failed` webhook events.

## Settlement times

| Currency              | Typical time                                |
| :-------------------- | :------------------------------------------ |
| AUD                   | 1 business day; NPP transfers may be faster |
| USD (ACH)             | 1–2 business days                           |
| EUR (SEPA)            | 1 business day                              |
| GBP (Faster Payments) | Minutes to 2 hours                          |
| HKD, SGD              | 1 business day                              |