Create an Account

Accounts must be pre-registered to transact on the Tesser platform. Registering accounts in advance of transacting enables wallet risk assessment and helps meet regulatory requirements.

Account creation

To create an account, submit a request to create a bank, wallet, or ledger account and populate the appropriate fields. Accounts will always belong to the workspace they are created in and can also optionally belong to a tenant or counterparty. See the Accounts overview for more details.

Code
 
{
  "counterparty_id": "2a7e1c9f-4b3d-4a82-b6e0-8f5c2d1a9b3e",
  "name": "Operating Account - EU",
  "bank_name": "Chase Bank",
  "bank_code_type": "SWIFT",
  "bank_identifier_code": "CHASUS33",
  "bank_account_number": "123456789"
}

Code
 
{
  "data": {
    "id": "8f3b1e7c-9a2d-4f58-b6c0-4e7d2a9f1b3c",
    "workspace_id": "b53f6690-3242-4942-9907-885779632832",
    "tenant_id": null,
    "counterparty_id": "2a7e1c9f-4b3d-4a82-b6e0-8f5c2d1a9b3e",
    "type": "fiat_bank",
    "name": "Operating Account - EU",
    "bank_name": "Chase Bank",
    "bank_code_type": "SWIFT",
    "bank_identifier_code": "CHASUS33",
    "crypto_wallet_address": null,
    "created_at": "2024-03-02T14:30:00.000Z",
    "updated_at": "2024-03-02T14:30:00.000Z"
  }
}

Associating wallets and ledgers with a tenant or counterparty

A wallet or ledger can optionally belong to either a counterparty or tenant in addition to the workspace.

• Do not specify a tenant or counterparty if you want the wallet or ledger to be used in a fully omnibus manner, where funds are commingled across all of your customers. Upon onboarding, your organization will be provisioned with a wallet or ledger that only belongs to your workspace. You may create additional wallets or ledgers that only belong to the workspace as needed.
• Create a wallet or ledger that belongs to a tenant to manage proprietary funds belonging to that tenant, or to commingle funds belonging to that tenant's customers (e.g. originators and/or beneficiaries).
• Create a wallet or ledger that belongs to a counterparty to fully segregate funds only for that counterparty.

For more information on the relationship between accounts and counterparties, see the Accounts overview.