Withdrawals / Disbursements

Oval provides three distinct withdrawal methods through which Fintech partners can initiate withdrawals from their customers' savings accounts, namely:

Batch Withdrawal: This withdrawal type aggregates all withdrawal requests received from Fintech partners for the day based on their yield offering ids and processes a single withdrawal transaction.

Crypto Withdrawal: With this withdrawal type, a request is processed as soon as it is received, and withdrawn funds are sent to the crypto wallet address that the Fintech partner indicated in the API.

Fiat Withdrawal: With this withdrawal type, a request is processed as soon as it is received, and the funds is transferred to the bank account that the Fintech partner has indicated in the API.