Purpose of Transfer

The transfer_purpose field is required under the destination object in your transfer request.

Harbor collects this field in order to comply with international regulatory frameworks such as:

• Anti-Money Laundering (AML)
• Counter-Terrorist Financing (CTF)
• Cross-border transaction reporting obligations
• Providing a correct and clear transfer purpose helps ensure your transfers are processed without unnecessary delay.

Example Request:

curl --location --request POST 'https://harbor-sandbox.owlpay.com/api/v1/transfer' \
--header 'Content-Type: application/json' \
--header 'Accept: application/json' \
--header 'X-API-KEY: {{API_KEY}}' \
--header 'Idempotency-Key: {{Idempotency-Key}}' \
--data-raw '{
    ...,
    "destination": {
        ...,
        "transfer_purpose": "Salary"
    }
}'

Recommended Values for transfer_purpose

Below is a list of suggested values to use for the transfer_purpose field.
Please choose the one that best matches the nature of the transaction: