# Trigger loan payout for a consumer fronting loan application

Triggers the loan payout process to the respective customer. You must add the settlement_account_iban in the request body, which is a Solaris account, from which the loan amount is transferred to the customer's account.

Endpoint: POST /v1/consumers/persons/{person_id}/fronting_loan_applications/{application_id}/payout
Version: 1.0

## Path parameters:

  - `person_id` (string, required)
    The person ID of the customer applying for a fronting loan.

  - `application_id` (string, required)
    The unique ID of a consumer fronting loan application.

## Request fields (application/json):

  - `settlement_account_iban` (string, required)
    The Solaris settlement account from which the loan amount is transferred to the customer's account.
    Example: "DE07110101014503906016"

## Response 201 fields (application/json):

  - `id` (string, required)
    The unique ID of the fronting loan, generated after a loan is created for the customer.
    Example: "620b95f7987243d398c2621c889a2039cflo"

  - `application_id` (string, required)
    The unique ID of a consumer fronting loan application.
    Example: "504f3c3659e14079a6941fe5b7a75eaacfla"

  - `agio` (number, required)
    The credit commission amount.

  - `duration` (integer, required)
    The number of months over which the loan will be repaid.
    Example: 12

  - `recipient_iban` (string, required)
    The IBAN of the loan's recipient to which the loan will be paid out.
    Example: "DE92370601930002130041"

  - `recipient_name` (string, required)
    The name of the loan recipient.
    Example: "Max Mustermann"

  - `requested_interest_rate` (number, required)
    The interest rate to apply to the fronting loan.
    Example: 0.04

  - `amount` (object, required)
    The loan amount.
    Example: {"currency":"EUR","unit":"cents","value":1000}

  - `amount.value` (integer, required)
    The amount value
    Example: 1000

  - `amount.currency` (string, required)
    The currency of the given value. Only EURO is currently supported.
    Example: "EUR"

  - `amount.unit` (string, required)
    The unit of the given value.
    Enum: "cents"

  - `collateral_account_iban` (string, required)
    Your Solaris prefund account from which the full loan amount (agio + net loan amount) must be transferred to Solaris' settlement account.
    Example: "DE85110101014480677574"

  - `collection_account_iban` (string, required)
    Your account to which the agio is transferred.
    Example: "DE87110101001000057123"

  - `settlement_account_iban` (string, required)
    The Solaris settlement account from which the loan amount is transferred to the customer's account.
    Example: "DE07110101014503906016"

  - `status` (string, required)
    The status of the consumer fronting loan.
    Enum: "payout_issued", "payout_pending"

## Response 400 fields (application/json):

  - `code` (string)
    Example: "build_pagination_headers_failure"

  - `detail` (string)
    Example: "Cannot connect to database."

  - `id` (string)
    Example: "a95f2aaf-4e0c-4d49-8021-8a16a884ed86"

  - `status` (string)
    Example: "400"

  - `title` (string)
    Example: "Failed to build pagination headers."

## Response 403 fields (application/json):

  - `code` (string)
    Example: "unauthorized_action"

  - `detail` (string)
    Example: "Unauthorized action is not allowed."

  - `id` (string)
    Example: "a95f2aaf-4e0c-4d49-8021-8a16a884ed86"

  - `status` (string)
    Example: "403"

  - `title` (string)
    Example: "Unauthorized Action"

## Response 404 fields (application/json):

  - `code` (string)
    Example: "model_not_found"

  - `detail` (string)
    Example: "Couldn't find 'Account' for id 'DE24112233445566'."

  - `id` (string)
    Example: "a95f2aaf-4e0c-4d49-8021-8a16a884ed86"

  - `status` (string)
    Example: "404"

  - `title` (string)
    Example: "Model Not Found"