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# Resource: Payouts

# Type: Payout Object

# Link: https://dev.wix.com/docs/api-reference/business-management/payments/wix-payments-provider/payouts/payout-object.md

## Description: A payout is an outgoing transfer of funds from a Wix Payments account to the
merchant's bank account. Each payout has an amount, a lifecycle status, an
estimated arrival date, and (when applicable) a failure reason.

## Schema:

```json
 Type: Payout Object | type: Payout
 Description: A payout is an outgoing transfer of funds from a Wix Payments account to the
merchant's bank account. Each payout has an amount, a lifecycle status, an
estimated arrival date, and (when applicable) a failure reason.
       - name: id  | type: string | description: Payout ID.
       - name: accountId  | type: string | description: ID of the Wix Payments account that owns the payout. Retrieve account IDs from the Accounts API.
       - name: accountProfileId  | type: string | description: ID of the Wix Payments account profile that owns the payout.  A Wix Payments account has 1 or more profiles. Each profile has its own balance and its own payouts. Most merchants have 1 profile. Retrieve profile IDs from the Accounts API.
       - name: createdDate  | type: string | description: Date and time the payout was created.  The payout is created before the underlying transfer is initiated at the bank. Once initiated, the funds typically reach the merchant's bank account within 3 to 5 business days, depending on the receiving bank.
           - name: seconds  | type: string | description: 
           - name: nanos  | type: number | description: 
       - name: amount  | type: Money | description: Amount of the transfer to the merchant's bank account.
           - name: value  | type: string | description: Monetary amount. Decimal string with a period as a decimal separator (e.g., 3.99). Optionally, a single (-), to indicate that the amount is negative.
           - name: currency  | type: string | description: Currency code. Must be valid ISO 4217 currency code (e.g., USD).
           - name: formattedValue  | type: string | description: Monetary amount. Decimal string in local format (e.g., 1 000,30). Optionally, a single (-), to indicate that the amount is negative.
               - name: value  | type: string | description: 
       - name: status  | type: string | description: Lifecycle status of the payout.  `SENT` means the bank rail accepted the transfer for delivery. `FAILED` means the receiving bank rejected the transfer.  A `SENT` status doesn't guarantee that the funds were delivered to the merchant. The bank rail doesn't provide a delivery acknowledgement, and a payout in `SENT` can later transition to `FAILED` if the receiving bank rejects the transfer. See the per-value documentation on `PayoutStatus` for details.
           enum: UNKNOWN, SENT, FAILED
       - name: estimatedArrivalDateV2  | type: string | description: Estimated date for when the funds should arrive at the merchant's bank account, in `YYYY-MM-DD` format.  The estimated arrival date is a prediction, not a guarantee. Actual arrival depends on the receiving bank's processing and may be later.
       - name: failureReason  | type: PayoutFailureReason | description: Reason the bank rail rejected the transfer.  Returned only when `status` is `FAILED`.
           - name: code  | type: string | description: Why the bank rail rejected the transfer.
               enum: GENERIC_PAYOUT_FAILURE, ACCOUNT_CLOSED, ACCOUNT_FROZEN, BANK_ACCOUNT_RESTRICTED, BANK_OWNERSHIP_CHANGED, COULD_NOT_PROCESS, DEBIT_NOT_AUTHORIZED, INCORRECT_ACCOUNT_HOLDER_NAME, INVALID_ACCOUNT_DETAILS_CITY, INVALID_ACCOUNT_NUMBER, INVALID_CURRENCY, INVALID_ROUTING_NUMBER, INVALID_SORT_CODE, NO_ACCOUNT, TECHNICAL_ERROR
       - name: bankTransferReference  | type: string | description: Reference returned by the bank rail once the transfer is initiated. For example, an ACH trace number or a SEPA reference. Use this value to reconcile against the merchant's bank statement.  Empty until the bank rail returns a reference.
       - name: cashAdvanceIncluded  | type: boolean | description: Whether the payout `amount` includes funds from a Wix Capital cash advance taken out by the merchant. If `false`, the amount comes only from the merchant's sales proceeds.

```