An FBO Account is an account opened in your platform’s name for the benefit of your users. To track who the funds are owned by, users open sub-accounts
SUBACCOUNT-US within your platform’s FBO account. Users may be eligible for a cumulative pass-through FDIC coverage up to $250,000.*
FBO account is opened in your platform’s name, and KYC obligations for end-users are not as strict as Deposit Accounts. However, this also means your platform remains in the flow of funds, so we encourage you to speak with your legal counsel before opening this type of account.
A sub-account held within an FBO account
All Deposit Node Objects
Object ID of the node
HAL style link for the node
Denotes the account standing. Look at the node permissions section below to learn more
ID of the client that created the node
Name of the client that created the node
Any nickname/common name given to the node. Eg. Savings Node
[Deprecated] Name of the user who owns the node
Balance associated with the node.
Currency of the node
Type of node
Array that tracks node updates as they occur
If the node is indexed or marked deleted.
ID of the user who owns the node
Any supplied ID given by the client that created the node