HOST

TOKEN

PROFILE_ID

QUOTE_ID

TRANSFER_ID

RECIPIENT_ID

TRANSACTION_ID

Gain insights into sending and receiving money using the Wise Payouts API in Python. Learn step-by-step processes and test endpoints to efficiently manage multi-currency transfers.

Sending and Receiving Money with Wise Payouts API in Python.png

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Wise is a money transferring service previously known as TransferWise. It allows users to send and receive money to and from multiple currencies around the world.

This course will teach Wise API. This is a beginner-level course that provides a step-by-step guide to transferring money from a multi-currency account. You’ll get playgrounds to test every endpoint discussed in the lessons.

Sending and Receiving Money with Wise Payouts API in Python

In this lesson, we’ll learn how to transfer funds. This is the final step of payouts. After executing this call, our account will be debited with the amount we transferred, and the status of the receiver’s account will also change.

# Sending a `POST` request
The below code takes only one parameter.

Request's Parameters

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import requests
import json

url = "https://api.sandbox.transferwise.tech/v3/profiles/{{PROFILE_ID}}/transfers/{{TRANSFER_ID}}/payments"


payload = "{   \n    \"type\":\"BALANCE\"\n}"
headers = {
    'Authorization': 'Bearer {{TOKEN}}',
    'Content-Type': 'application/json'
}

response = requests.request("POST", url, headers=headers, data=payload)

print(json.dumps(response.json(), indent=4))

In the above code, **line 4** is in the following format:

   ```python
  "/profiles/{PROFILE_ID}/transfers/{TRANSFER_ID}/payments"
   ```
Here, `PROFILE_ID` is our personal or business account ID, and `TRANSFER_ID` is the ID from the last lesson.

> **Note**: If your multi-currency account does not have a sufficient balance, this call will fail with an `Insufficient funds` error.

## Response
Some of the fields from the response of the above code are shown in the table below:

Learn to transfer funds using Wise payouts API.

Introduction to Wise

Payouts API

Conclusion

Step 5: Funds Transfer

Sending a