Global Account Capabilities
A global account is provisioned based on a given currency and location. It contains standard bank account information and a set of capabilities that can be configured and accessed programmatically. It is important to note that the account level capabilities may vary across currencies and locations.
Using our Global Account API, you can open bank accounts in the following locations and currencies:
- United States: United States Dollar (USD)
- Europe: Euro (EUR)
- Australia: Australian Dollar (AUD)
- United Kingdom: Great Britain Pound (GBP)
- Hong Kong: United States Dollar (USD), Euro (EUR), Hong Kong Dollar (HKD), Chinese Yuan (CNH), Japanese Yen (JPY), Australian Dollar (AUD), Swiss Franc (CHF), Canadian Dollar (CAD), Singapore Dollar (SGD), Great Britain Pound (GBP), New Zealand Dollar (NZD)
- Japan: Japanese Yen (JPY)
- Singapore: Singapore Dollar (SGD)
- Canada: Canadian Dollar (CAD)
The highlighted currencies indicate global accounts in currencies where only inward SWIFT payments are supported while local payment methods are not supported.
Like bank account, you will find the following information when you create a Global Account:
- Account name
- Account number
- Account routing type, e.g. ACH Routing Number (for the United States)
- Account routing value, e.g. 123456789 (for the United States)
- SWIFT code
- Currency, e.g. USD
These account information allows your customers to send money into the account or bind the account to another platform.
Global Accounts come with various capabilities. These include but are not limited to supported local pay-in methods, support for direct debit / auto-payout etc. When you create a Global Account via the API, you can see its capabilities in the response (enhancement work ongoing).