Steps to Withdraw Assets
To be able to withdraw assets from an account, the account must be open, the account must have disbursements-frozen set to false, and have disbursable assets of the asset being disbursed. Once these criteria have been met assets can be withdrawn from an account via asset-disbursements with an outgoing asset-transfer-method. The steps to make a disbursement out of an account is as follows.
Create an outgoing asset-transfer-method of the desired asset and asset-transfer-type. This can also be created in line with the `asset-disbursement.
Create an asset-disbursement with the asset-transfer-method.
Seen below is a withdrawal made with an outgoing asset-transfer-method for bitcoin.
Make a withdrawal
Track a withdrawal
The lifecycle of the asset-disbursement request should be tracked via the corresponding asset-transfer. An outgoing asset-transfer needs to be verified and authorized via the disbursement-authorization and all related contingent-holds also need to be cleared before the outgoing asset-transfer can be settled.
The disbursement-authorization is verified via a customizable email sent to the emails listed on contacts linked to the account with an account-role of owner. It can be cleared in sandbox as seen below. Generally authorization is automatic after the disbursement-authorization has been owner-verified but this depends on the account-policy, this can also be done in sandbox.
Once the disbursement-authorization and the contingent-holds related to the outgoing asset-transfer are authorized and cleared respectively then the asset-transfer can be settled as seen below in sandbox. Once a asset-transfer settles a corresponding asset transaction will be created.
Asset Transfer Methods
Account Asset Totals
Asset Transaction Tax Lots