rail read card · MerchantPayoutCheck

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MerchantPayoutCheck two-leg

Identity

Name
MerchantPayoutCheck
Description

Paper-check payout vehicle (legacy merchants who don't yet accept ACH or wire). SNB cuts the check; the external leg doesn't post until the merchant deposits and the check clears back through the banking system. max_pending_age of 7 days reflects the tolerance for check-clearing latency before surfacing as stuck.

Topology

Source role
MerchantPayableClearing
Destination role
ExternalCounterparty

Origin

Origin
Source origin (override)
InternalInitiated
Destination origin (override)
ExternalForcePosted

Conservation

Expected net (standalone firing)
$0.00

Activity / cadence

Aggregating
false
Cadence
Bundles activity

Metadata

Metadata keys
merchant_idsettlement_periodcheck_numberpayee_address
Metadata value examples

Posted requirements

Posted requirements
merchant_id, settlement_period, check_number

Aging

Max pending age
P7D
Max unbundled age

Soft bounds

Typical amount range (min, max)
Typical firings per period (min, max)