Synthetic Account Categories

Synthetic Account Categories specify the properties and available transfer paths of the Synthetic Account

Synthetic Account Category

Description

general

This Synthetic Account Category will be used to open Synthetic Accounts for Customers that will only contain a USD asset type.

external

This Synthetic Account Category will be used to generate a Synthetic Account for a Customer to associate with their externally-connected custodial partner. Synthetic Accounts in this category require an account_number and routing_number.

plaid_external

This Synthetic Account Category will be used to create an external Synthetic Account using Plaid. Synthetic Accounts in this category require a plaid_processor_token.

target_yield_account

This Synthetic Account Category will be used for Synthetic Accounts associated with assets in an RIA-directed brokerage account.

outbound_ach

This Synthetic Account Category will be used to create an external Synthetic Account that can be used only as the destination account for transfers. Synthetic Accounts in this category require an account_number and routing_number.