ACH and RTP: Close linked bank accounts

Release Details

Release Date: July 19, 2024

Release Type

Informational – Optional action from platforms

Summary

Customer bank accounts are linked to Zero Hash for ACH and RTP using Create external accounts. We've introduced the ability to also close external accounts so the bank account can be unlinked from the customer's Zero Hash profile.

Once an account is closed, transaction requests cannot be made using that external account ID. The bank account would need to be relinked if the customer wanted to use that bank account again.

Action Required

If leveraging ACH and/or RTP, platforms may choose to connect to the endpoint to close external accounts: Close external account.

This will unlink the bank account from Zero Hash, but it will not unlink the bank account from Plaid.

External account statuses

The external account will have a status of closed once it's unlinked. A full list of possible external account statuses are available here.

SDK Impact

The external account closed won't be available as funding option for the customers in the SDK.

Endpoints Impacted

• Close external account - NEW
• Get external accounts - will now share new statuses, like closed.

Relevant Documentation

https://docs.zerohash.com/docs/link-a-bank-account#close-external-accounts