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Counterparty Events

Counterparty operations do not trigger dedicated webhook events. However, when payments are made using counterparties, the associated payment and transaction events are triggered.

When you create payments using counterparties, the following events may be triggered:

EventDescription
payment.createdTriggered when a payment is created using a counterparty.
payment.clearingTriggered when a payment enters clearing status.
payment.sentTriggered when a payment is sent.
payment.returnedTriggered when a payment is returned.
transaction.createdTriggered when the underlying transaction is created.

Listening for Events

To receive these events, you need to set up a webhook endpoint. See the Webhooks documentation for more information on configuring webhooks.

Event Flow for Counterparty Payments

When creating a payment to a counterparty:

  1. payment.created - Payment is initiated to the counterparty
  2. payment.clearing - Payment enters clearing (for ACH payments)
  3. payment.sent - Payment is sent to the counterparty
  4. transaction.created - Transaction is recorded on the account

If a payment is returned:

  • payment.returned - Payment is returned from the counterparty's bank