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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.