Account Types
This section describes all available account types, their funding methods, and typical use cases. KYC verification is required to unlock account functionality, and some accounts are created automatically when issuing related products.
Key NotesKYC Requirement: Complete KYC verification to unlock account functionality.
Account Creation: After receiving KYC status
IDENTITY_APPROVED, call GET /account — this creates aCHECKINGaccount. Other accounts are created automatically when issuing related products (cards, IBAN).
1. CHECKING
Description: Crypto account for storing and managing cryptocurrency.
Funding Methods:
- Cryptocurrency deposits: Deposit crypto
- External acquiring services
On-ramp: Payin API Guide
Typical Use: Exchanges, card top-ups, subscription payments, card/IBAN issuance.
2. CARD_PREPAID
Description: Account for cards issued under Card Program 1 (CP1).
Funding Methods: Transfers from internal crypto wallets: CARD Top-up.
Typical Use: Funding prepaid CP1 cards for everyday spending.
3. CP2
Description: Account for cards issued under Card Program 2 (CP2).
Funding Methods: Transfers from internal crypto wallets: CARD Top-up.
Typical Use: Funding (CP2) cards for payments and settlements.
4. BANK_ACCOUNT_VIRTUAL
Description: Virtual EUR IBAN account for international transactions.
Funding Methods: Top-ups from external IBANs or crypto from internal wallets: IBAN Top-Up.
Typical Use:
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Receiving and sending international payments via SEPA.
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Managing currency conversions for global transactions using the Exchange operation.
Updated 17 days ago