Accounts
The Accounts API will allow you to create and manage a customer's financial accounts. You will have the ability to view balances and manage attributes such as limits and risk levels.
Accounts are identified by a unique ID and all account information is retrievable using this ID. The Accounts API contains customer information such as history, balances (including overdraft), account status and any linked savings products.
Additional controls for spending against accounts have also been added. Shaype's Rules Engine provides bespoke management of what types of transaction are blocked for a selected account. This can be defined on a per account or per product basis.
Account custom metadata storage is available to provide clients with the ability to store additional account information to further support any feature requirements they may have. Metadata is stored and retrieved using the Account API.
Types of Account you can create
The Shaype platform supports the creation of three types of accounts.
- Personal Account
- Joint and Business Account (using Groups)
Personal Account
Personal account belongs to a single customer. A customer can have several accounts: One-to-Many relationship.
Updated about 2 months ago