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Virtual Accounts
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Glossary
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Glossary

This section explains the key terms you’ll see when working with the Virtual Accounts API.

  • Virtual Accounts
    BCB’s virtual sub-accounting solution. Think of it as a way to create multiple “sub-ledgers” under one main account, so you can keep funds neatly segregated.

  • Virtual account (sub-account)
    A named ledger that sits under a parent account. Each one is used to separate funds for specific purposes, clients, or workflows.

  • Parent account
    The main operational account that all virtual accounts are grouped under.

  • Settlement account
    The primary clearing account used for external cash movements in and out of the bank.

  • Client reference
    An identifier that you provide with transactions. This is especially useful for reconciliation across different systems.

  • Idempotency key
    An optional request header that lets you safely retry requests (like postings) without the risk of creating duplicates.

  • Pagination (cursor-based)
    Our pagination model uses pageSize, pageToken, and (optionally) pageStart to let you navigate large result sets without missing or duplicating records.

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