What is a bank account?
Bank accounts are linked to customers and define where funds should be sent. Each bank account includes:- Account holder details and banking information
- The relationship between the customer and account holder
- Support for multiple payment rails depending on country and currency
Holder relationships
When adding a bank account to a customer, you must specify the relationship between the customer and the account holder.Self payments
If the customer is sending funds to their own bank account, use:| Relationship | Use case |
|---|---|
SELF | Withdrawals and transfers to the customer’s own bank account for personal or business use |
Third-party payments
If the customer is paying a third party (e.g., suppliers, partners, creditors), use one of the following relationships:| Relationship | Use case |
|---|---|
HOLDING_COMPANY | Parent or controlling company that owns the customer entity |
SUBSIDIARY_COMPANY | Subsidiary or controlled entity owned by the customer |
BRANCH_OFFICE | Branch, regional office, or division of the customer’s organization |
BUSINESS_PARTNER | Strategic partners, joint venture collaborators, or business associates |
SUPPLIER | Vendors, suppliers, or service providers for goods and services purchased |
CUSTOMER | Customer’s clients for refunds, rebates, or other customer obligations |
CREDITOR | Lenders, financial institutions, or parties to whom the customer owes money |
DEBTOR | Parties who owe money to the customer (collections or debt settlements) |
FRANCHISEE | Franchisees operating under the customer’s brand or business model |
SUPPLIER as the holder relationship and provide the supplier’s US bank details.
Bank accounts support both business entities and individual account holders. See changelog v2.4.0 for details.