Q2 ledger

 

An API that provides ledgering functionality for “For the Benefit Of” (FBO) accounts – an alternative to traditional checking and savings accounts.

  • Ledgering system for alternative savings accounts
  • No account or routing numbers created or needed
  • Popular system-of-record choice for FinTech startups

 

 

    1. Display a list of links to the bank disclosures for your user to read
    2. For each disclosure link the user clicks, download and display the disclosure
    3. Gather minimal information from your user *
    1. Create a bank account for the user in CorePro
    2. Create a link to another Financial Institution (for moving funds in/out of CorePro) *
    1. Move funds
    1. Nothing to do in CorePro
    1. Retrieve all customer information, including all open accounts (with balances), and all verified external accounts
    1. Retrieve all transactions for a given account
    1. Create a bank account for the customer in CorePro
    2. (Optional) Search for the "other" customer to add to the account
    3. Add access to that account for the "other" customer
    1. Create a customer in CorePro to represent the child
    2. Create a bank account for the customer in CorePro
    3. Add access to that account for the child customer created in step 1.
    1. Add access to an account for another customer
    1. List all those who can access a given account

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