Vaults

Number

The column demonstrates internal account numbers. At the same time, internal account numbers are used as entity IDs that are available in the Activity log section. Click a number to open Vault account details.

Client

The column includes Client names the accounts are assigned to. Click a client name to open profile details.

Name

The Vault account name set by the end-user or Administrator.

Type

Three main account types are available for opening:

• Standard accounts are checking accounts for everyday tasks.

• Finance accounts include money assets of Company’s customers. Therefore, the accounts can include several generated IBANs.

• Crypto accounts record individual coin ownership.

Status

Account verification status:

• New (recently opened, waiting for Identification)

• Active (fully functioning account, Identification is complete)

• Suspended (outgoing transfers are temporary blocked until document submission; once the required documents are provided, it is possible to activate the account again)

• Awaiting provider number (the provider is processing the IBAN generation, the status usage depends on the external provider settings)

• Waiting for approval (temporary inactive, document verification is processing)

• Rejected (permanently blocked, no outgoing transfers allowed)

• Closed (the account is successfully closed)

State

The parameter defines the account state

• Idle

• Waiting for funds

• Accruing

Currency

Account currency.

Actions

• Click Show to open account details.

• Click Edit to open account details in the editing mode.

• Click Deposit to add funds to the account. The functionality is implemented for testing purposes.

• Click Reactivate to activate a closed account.

• Click Delete to remove an account.

Add new

Create a Vault account manually.

Details

Last charge date

Defines the last date a fee was charged from the account.

Fee activated at

Defines the last date a fee was charged from the account.

Vault

Base amount

The notional sum bearing the interest rate.

Percent

Annual intereset rate paid to the account holder. See Price lists for configuration details.

Locked up

The date when the account was opened. The parameter defines the start of the fixed period when the money must remain in the account.

Begin accruing

The first day when the interest rate is paid. The accruing period starts the next day after the account opening date.

End accruing

The last day when the interest rate is paid. The next day, the money can be retrieved. See Price lists for configuration details.

Maturity date

The day when the deposited funds can be retrieved.

Opened up

The day when the Locked up period ends.

On demand

Defines whether the Vault remains active after the Lock up period. If the parameter is set, the account operates as follows:

1. The money still must remain in the account till the end of the Lock up period.

2. The interest rate remains active after the Lock up period.

3. The Client can manually withdraw (completely or partially) the deposited amount at any moment once the period is over.

4. The Client can manually withdraw (completely or partially) interest at any moment once the period is over.

State

The parameter defines the account state:

• Idle

• Waiting for funds

• Accruing