Finmo

@Finmo what are the requirements to send a payout via SEPA to a EUR bank account?

The SEPA payout method requires the following beneficiary fields: full name (regex: ^[A-Za-z\s'-]{2,100}$), IBAN (validated against IBAN checksum), and BIC (optional but recommended). Sender fields include company name and address. Limits: €0.01 minimum, €15,000 maximum per transaction. Settlement typically occurs within 1 business day. Note that Finmo validates IBAN format in real time; invalid IBANs will be rejected before funds are reserved.

This example demonstrates the read-only requirements lookup that should always precede a payout. The MCP returns dynamic validation rules that vary by method and jurisdiction. Users must call this before creating beneficiaries or moving money to avoid rejections. No production side-effects occur.

@Finmo create a customer profile for Jane Doe, email jane@example.com, phone +44 20 7946 0958, UK resident

Customer created successfully. Finmo reference: cust_8x3k9mPq. Status: pending_verification. The profile contains the supplied identity data and has triggered Finmo's standard KYC workflow. Jane will receive an email at jane@example.com with verification instructions. Until verification completes, this customer cannot be used as a payin or payout party. You can check status via the Get Customer tool.

This write operation stores real PII in production and starts compliance workflows. It requires API key scopes for customer creation. Users should understand that customer records persist indefinitely and trigger identity verification; test data should never be created in production accounts. Always confirm the environment before running.

@Finmo review the last 5 payouts from our main wallet and flag any that failed or are still pending after 48 hours

Analyzed 5 recent payouts from wallet wal_7hG3n. Results: 3 completed successfully within 24 hours. 1 payout (ref: pyt_4kL9x, £250 to beneficiary ben_2mQ8, initiated 2024-01-15) is still status: processing after 51 hours—this exceeds typical FASTER_PAYMENTS settlement and may indicate a bank hold or compliance review. 1 payout (ref: pyt_9rT2w, €500 SEPA, initiated 2024-01-14) failed with reason: invalid_iban. Recommended actions: contact Finmo support about pyt_4kL9x; verify and resubmit pyt_9rT2w with corrected beneficiary IBAN.

This synthesis example pairs the MCP's list and get tools with AI reasoning to surface operational issues. It demonstrates how Switchy can monitor payment state across multiple transactions. Users need read access to wallets and payments. The MCP does not auto-retry failed payouts—remediation requires manual intervention.

When Finmo wins for multi-currency seller payouts

A 6-person marketplace team needs to pay 200+ sellers across 15 countries every Friday. Finmo's MCP is the right call if your team already runs Finmo in production and needs AI to handle the payout-method lookup, beneficiary validation, and retry logic without writing custom code. The MCP exposes 19 tools including dynamic requirements checks (Get Payout Method Requirements) and idempotent money movement (Create Payout). The threshold: if your ops team is manually copy-pasting bank details from a spreadsheet into the Finmo dashboard, this MCP saves 4-6 hours a week. If you're still evaluating payment rails or your volume is under 20 payouts a month, the setup overhead outweighs the gain. For teams shipping weekly payout runs with existing Finmo infrastructure, the MCP turns a multi-step dashboard workflow into a single conversational prompt.

When this MCP handles identity verification at scale

A fintech startup onboarding 50-100 new customers a day needs to create Finmo customer profiles, trigger identity checks, and log the compliance trail. The Finmo MCP is the right tool if your support or ops team is already context-switching between Slack, your CRM, and the Finmo dashboard to manually create profiles. The Create Customer tool writes real PII to production and kicks off verification workflows, so the win is speed and audit consistency, not experimentation. The trade-off: if your onboarding flow requires custom field mapping or multi-step approvals outside Finmo's schema, you'll still need middleware. If your team onboards fewer than 10 customers a week, the manual dashboard is faster. For high-velocity onboarding teams with Finmo as the system of record, the MCP collapses a 3-minute dashboard task into a 10-second AI handoff.

When Finmo MCP speeds up refund decisions

A 4-person support team fields 30-50 refund requests a day and needs to verify payin status, check wallet balance, and issue refunds without leaving the ticket thread. The Finmo MCP is the right call if your team already uses Finmo for payment processing and spends more than an hour a day toggling between Zendesk and the Finmo dashboard. The MCP's Get Payment and Create Refund tools let the AI fetch transaction details and execute refunds with idempotency guards, so repeat requests don't double-refund. The boundary: if your refund policy requires manager approval or multi-step fraud checks, the MCP won't replace that workflow. If your refund volume is under 10 a week, the manual dashboard is fine. For support teams handling daily refund spikes, the MCP turns a 5-minute lookup-and-click into a single conversational command.