Deposits & Withdrawals - Buildmarkets

Once a user has an approved ACH relationship, they can move money between their external bank account and their Buildmarkets brokerage account. Buildmarkets exposes two endpoints for this:

Deposits (POST .../funding/deposits) — pull funds from the bank into the brokerage account
Withdrawals (POST .../funding/withdrawals) — push settled cash from the brokerage account back to the bank

Both transfer types are ACH-based and subject to standard ACH settlement timelines. All amounts must be expressed as strings with exactly two decimal places (e.g., "1000.00").

Transfer lifecycle

All deposits and withdrawals progress through the same status states. You can track these via the Funding Activity endpoints or by listening to webhook events.

      POST deposit/withdrawal
             │
      ┌──────▼──────┐
      │             │
      │   PENDING   │  ◄─── Transfer submitted to ACH network
      │             │
      └──────┬──────┘
             │  ACH initiated
      ┌──────▼──────┐
      │             │
      │  QUEUED /   │  ◄─── Sent to clearing; awaiting settlement
      │  SENT       │
      │             │
      └──────┬──────┘
             │
        ┌────┴────┐
        │         │
    ┌───▼───┐ ┌──▼──────┐
    │       │ │         │
    │SETTLED│ │RETURNED │  ◄─── NSF, closed account, or bank rejection
    │       │ │         │
    └───────┘ └─────────┘

Status	Description
`PENDING`	Transfer has been submitted and is awaiting ACH initiation
`QUEUED`	Transfer has been queued for the next ACH batch
`SENT`	Transfer has been sent to the ACH network and is in transit
`SETTLED`	Funds have successfully moved; transfer is complete
`RETURNED`	The ACH transfer was returned by the bank (e.g., NSF, closed account)
`CANCELLED`	Transfer was cancelled before clearing

Settlement timing: “Standard ACH deposits typically settle in 1–3 business days. Buildmarkets may apply instant buying power for deposits up to a configured limit, allowing users to trade before funds fully settle.”

Endpoints

Method	Path	Description
`POST`	`/v1/accounts/{accountId}/funding/deposits`	Initiate an ACH deposit into the brokerage account
`POST`	`/v1/accounts/{accountId}/funding/withdrawals`	Initiate an ACH withdrawal from the brokerage account

Initiate a deposit

Pulls funds from the user’s external bank account into their Buildmarkets brokerage account. The specified ACH relationship must be in APPROVED status.

`POST /v1/accounts/{accountId}/funding/deposits`

Path parameters

Parameter	Type	Required	Description
`accountId`	string (UUID)	✅	The Buildmarkets account to deposit funds into

Request body

Field	Type	Required	Description
`ach_relationship_id`	string (UUID)	✅	ID of an `APPROVED` ACH relationship to pull funds from
`amount`	string	✅	Dollar amount to deposit. Must match pattern `^\d+\.\d{2}$` (e.g., `"1000.00"`)
`description`	string	❌	Optional memo visible in funding activity (e.g., `"Initial deposit"`)

Response body (`201 Created`)

Field	Type	Description
`id`	string (UUID)	Unique identifier for this funding activity record
`account_id`	string (UUID)	The Buildmarkets account receiving the funds
`ach_relationship_id`	string (UUID)	The ACH relationship used for this transfer
`type`	string	`DEPOSIT`
`amount`	string	Dollar amount transferred (e.g., `"1000.00"`)
`status`	string	Initial status: `PENDING`
`description`	string \| null	Memo provided at creation
`created_at`	string (ISO 8601)	Timestamp when the deposit was initiated
`updated_at`	string (ISO 8601)	Timestamp of the last status change
`settled_at`	string (ISO 8601) \| null	Timestamp when funds fully settled; null until `SETTLED`

Example request

curl -X POST https://api.tappengine.com/v1/accounts/b3d9f1a2-4c7e-4f0b-9e2d-1a2b3c4d5e6f/funding/deposits \
  -H "Authorization: Bearer $BUILDMARKETS_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{
    "ach_relationship_id": "e7f2a1b3-9c4d-4e0f-8a1b-2c3d4e5f6a7b",
    "amount": "2500.00",
    "description": "Initial deposit"
  }'

Example response

{
  "id": "f1a2b3c4-d5e6-7f8a-9b0c-d1e2f3a4b5c6",
  "account_id": "b3d9f1a2-4c7e-4f0b-9e2d-1a2b3c4d5e6f",
  "ach_relationship_id": "e7f2a1b3-9c4d-4e0f-8a1b-2c3d4e5f6a7b",
  "type": "DEPOSIT",
  "amount": "2500.00",
  "status": "PENDING",
  "description": "Initial deposit",
  "created_at": "2026-03-15T11:00:00Z",
  "updated_at": "2026-03-15T11:00:00Z",
  "settled_at": null
}

Initiate a withdrawal

Pushes settled cash from the user’s Buildmarkets brokerage account back to their external bank account. Only settled cash can be withdrawn — unsettled funds from recent trades or pending deposits are not eligible.

`POST /v1/accounts/{accountId}/funding/withdrawals`

Path parameters

Parameter	Type	Required	Description
`accountId`	string (UUID)	✅	The Buildmarkets account to withdraw funds from

Request body

Field	Type	Required	Description
`ach_relationship_id`	string (UUID)	✅	ID of an `APPROVED` ACH relationship to push funds to
`amount`	string	Conditional	Dollar amount to withdraw. Required unless `withdraw_full_balance` is `true`. Pattern: `^\d+\.\d{2}$`
`withdraw_full_balance`	boolean	❌	If `true`, withdraws the entire settled cash balance. Omit `amount` when using this flag
`description`	string	❌	Optional memo (e.g., `"Monthly withdrawal"`)
`fee_amount`	string	❌	Optional processing fee to deduct in addition to `amount`. Pattern: `^\d+\.\d{2}$`

IRA-specific fields

For IRA accounts, additional fields are required to classify the distribution for tax reporting purposes.

Field	Type	Required for IRA	Description
`ira_distribution_type`	string	✅	Classification of the IRA distribution (e.g., `"NORMAL"`, `"PREMATURE"`)
`ira_tax_code`	string	✅	IRS tax code for the distribution
`ira_year`	integer	✅	Tax year to attribute the distribution to (e.g., `2026`)
`ira_federal_withholding`	string	❌	Federal income tax withholding amount. Pattern: `^\d+\.\d{2}$`
`ira_state_withholding`	string	❌	State income tax withholding amount. Pattern: `^\d+\.\d{2}$`
`ira_state`	string	❌	2-letter state code for withholding (e.g., `"TX"`). Required if `ira_state_withholding` is set

Response body (`201 Created`)

Field	Type	Description
`id`	string (UUID)	Unique identifier for this funding activity record
`account_id`	string (UUID)	The Buildmarkets account funds are being withdrawn from
`ach_relationship_id`	string (UUID)	The ACH relationship receiving the funds
`type`	string	`WITHDRAWAL`
`amount`	string	Dollar amount withdrawn (e.g., `"500.00"`)
`fee_amount`	string \| null	Fee amount if provided
`status`	string	Initial status: `PENDING`
`description`	string \| null	Memo provided at creation
`created_at`	string (ISO 8601)	Timestamp when the withdrawal was initiated
`updated_at`	string (ISO 8601)	Timestamp of the last status change
`settled_at`	string (ISO 8601) \| null	Timestamp when funds settled at the destination bank

Example request — standard withdrawal

curl -X POST https://api.tappengine.com/v1/accounts/b3d9f1a2-4c7e-4f0b-9e2d-1a2b3c4d5e6f/funding/withdrawals \
  -H "Authorization: Bearer $BUILDMARKETS_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{
    "ach_relationship_id": "e7f2a1b3-9c4d-4e0f-8a1b-2c3d4e5f6a7b",
    "amount": "500.00",
    "description": "Monthly withdrawal"
  }'

Example response

{
  "id": "c4d5e6f7-a8b9-0c1d-2e3f-4a5b6c7d8e9f",
  "account_id": "b3d9f1a2-4c7e-4f0b-9e2d-1a2b3c4d5e6f",
  "ach_relationship_id": "e7f2a1b3-9c4d-4e0f-8a1b-2c3d4e5f6a7b",
  "type": "WITHDRAWAL",
  "amount": "500.00",
  "fee_amount": null,
  "status": "PENDING",
  "description": "Monthly withdrawal",
  "created_at": "2026-03-15T14:00:00Z",
  "updated_at": "2026-03-15T14:00:00Z",
  "settled_at": null
}

Example request — withdraw full balance

curl -X POST https://api.tappengine.com/v1/accounts/b3d9f1a2-4c7e-4f0b-9e2d-1a2b3c4d5e6f/funding/withdrawals \
  -H "Authorization: Bearer $BUILDMARKETS_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{
    "ach_relationship_id": "e7f2a1b3-9c4d-4e0f-8a1b-2c3d4e5f6a7b",
    "withdraw_full_balance": true,
    "description": "Account liquidation"
  }'

Example request — IRA distribution

curl -X POST https://api.tappengine.com/v1/accounts/b3d9f1a2-4c7e-4f0b-9e2d-1a2b3c4d5e6f/funding/withdrawals \
  -H "Authorization: Bearer $BUILDMARKETS_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{
    "ach_relationship_id": "e7f2a1b3-9c4d-4e0f-8a1b-2c3d4e5f6a7b",
    "amount": "1000.00",
    "ira_distribution_type": "NORMAL",
    "ira_tax_code": "7",
    "ira_year": 2026,
    "ira_federal_withholding": "100.00",
    "ira_state_withholding": "50.00",
    "ira_state": "CA"
  }'

Common errors

HTTP Status	Error	Cause
`400`	`INVALID_AMOUNT`	Amount does not match the `^\d+\.\d{2}$` pattern, or is zero
`400`	`AMOUNT_REQUIRED`	Neither `amount` nor `withdraw_full_balance` was provided
`400`	`INVALID_IRA_FIELDS`	IRA distribution fields are incomplete or contain invalid values
`404`	`ACCOUNT_NOT_FOUND`	The `accountId` does not exist or is inaccessible
`404`	`ACH_RELATIONSHIP_NOT_FOUND`	The `ach_relationship_id` does not exist for this account
`409`	`ACH_RELATIONSHIP_NOT_APPROVED`	The referenced ACH relationship is not in `APPROVED` status
`422`	`INSUFFICIENT_FUNDS`	Withdrawal amount exceeds settled cash balance
`422`	`ACCOUNT_NOT_ACTIVE`	The Buildmarkets account is not in `ACTIVE` status

Webhook events

Subscribe to these events to track transfer status in real time without polling.

Event	Fired when
`funding.deposit.pending`	Deposit has been accepted and is queued for ACH
`funding.deposit.settled`	Deposit has fully cleared and funds are available
`funding.deposit.returned`	Deposit was returned by the bank
`funding.withdrawal.pending`	Withdrawal has been accepted and is queued for ACH
`funding.withdrawal.settled`	Withdrawal has fully cleared at the destination bank
`funding.withdrawal.returned`	Withdrawal was returned by the bank

See Webhook Events Reference for full payload schemas.

Next steps

Funding Activity → — Query and filter the history of all transfers on an account
ACH Relationships → — Set up the bank link required before initiating transfers
Webhooks Overview → — Receive real-time notifications as transfer status changes

Updated 3 months ago

Funding Activity

The funding activity endpoints provide a comprehensive, auditable record of all ACH transfers on a brokerage account—including deposits, withdrawals, fees, and bank returns. These tools enable transaction history interfaces, account reconciliation, and transfer status investigation.

Available Endpoints

Two primary endpoints exist:

List all funding activity: GET /v1/accounts/{accountId}/funding/activity
Retrieve single record: GET /v1/accounts/{accountId}/funding/activity/{activityId}

Listing Funding Activity

The list endpoint returns paginated results ordered by most recent first. Required parameters include the account UUID. Optional query filters include:

status: Transfer state (PENDING, QUEUED, SENT, SETTLED, RETURNED, CANCELLED)
type: DEPOSIT or WITHDRAWAL
start_date and end_date: ISO 8601 date ranges
page and per_page: Pagination controls (default 25, max 100 per page)

Response objects contain transfer identification, amounts, status transitions, descriptions, and ACH return codes when applicable.

Single Record Retrieval

This endpoint accepts an account ID and activity ID, returning complete details about that specific transfer—particularly useful for checking current status or examining return codes for rejected transfers.

ACH Return Codes

The system uses standard NACHA codes when transfers are rejected. Common examples include:

“R01” (Insufficient Funds)
“R02” (Account Closed)
“R03” (No Account/Unable to Locate)
“R10” (Customer Claims Unauthorized)

Webhook events (funding.deposit.returned or funding.withdrawal.returned) notify applications when transfers fail, including both code and human-readable explanation.

Error Handling

Common HTTP 404 responses indicate either missing account or activity records inaccessible to the API key.

​Transfer lifecycle

​Endpoints

​Initiate a deposit

​POST /v1/accounts/{accountId}/funding/deposits

​Path parameters

​Request body

​Response body (201 Created)

​Example request

​Example response

​Initiate a withdrawal

​POST /v1/accounts/{accountId}/funding/withdrawals

​Path parameters

​Request body

​IRA-specific fields

​Response body (201 Created)

​Example request — standard withdrawal

​Example response

​Example request — withdraw full balance

​Example request — IRA distribution

​Common errors

​Webhook events

​Next steps

​Funding Activity

​Available Endpoints

​Listing Funding Activity

​Single Record Retrieval

​ACH Return Codes

​Error Handling

Transfer lifecycle

Endpoints

Initiate a deposit

`POST /v1/accounts/{accountId}/funding/deposits`

Path parameters

Request body

Response body (`201 Created`)

Example request

Example response

Initiate a withdrawal

`POST /v1/accounts/{accountId}/funding/withdrawals`

Path parameters

Request body

IRA-specific fields

Response body (`201 Created`)

Example request — standard withdrawal

Example response

Example request — withdraw full balance

Example request — IRA distribution

Common errors

Webhook events

Next steps

Funding Activity

Available Endpoints

Listing Funding Activity

Single Record Retrieval

ACH Return Codes

Error Handling