Virtual Accounts Solution Cheatsheet

Clean parent→child ledger hierarchy giving customers real account numbers for direct deposits, segregating funds, and automating flows via APIs—without opening hundreds of physical accounts.

Choose Your Perspective

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For Developers

Simple Account Creation

Create virtual accounts via API - customers get real account numbers for direct deposits

Comprehensive API Coverage

Create/list/update virtual accounts; credit/debit sub-accounts; list transactions; settlement and withdrawal flows

Developer-Friendly

OpenAPI specs, UAT & production environments, comprehensive documentation

Integration Support

Postman collections, code samples, and dedicated API support

Common Transaction Flows

Transaction Steps

Corporate creates Virtual Account via API

Customer receives dedicated account number

Customer deposits directly to their account number

Funds appear in their Sub Account automatically

Practical Guardrails

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BMA-Regulated Clients Only

Onboarding requires due diligence and developer portal registration

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Enforced Routing

No direct Sub ↔ Settlement transfers; always route through Parent for auditability

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Same-Name Withdrawals

Customer withdrawals must go to same-name external accounts for AML compliance

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Reversal Support

Unauthorized or mis-routed inbound funds can be reversed or rejected