Concepts Overview

This section provides detailed explanations of the core building blocks within the platform. Understanding these concepts will help you design integrations and build effective workflows.

Core Entities

Accounts

Accounts are containers that hold balances for a specific asset type. Each customer can have multiple accounts across different asset classes.

Learn more about Accounts →

Applications

Applications capture the onboarding workflow for new customers. They manage identity verification, compliance checks, and approval processes for both individuals and corporations.

Learn more about Applications →

Money Movement

Deposits

Deposits represent inbound funds entering an account from an external source.

Learn more about Deposits →

Withdrawals

Withdrawals move funds out of an account to an external destination, such as a bank account or blockchain address.

Learn more about Withdrawals →

Transfers

Transfers move funds between accounts within the platform, enabling internal settlement and fund movement.

Learn more about Transfers →

Exchanges

Exchanges facilitate the conversion between different asset types, such as fiat-to-crypto or crypto-to-crypto conversions.

Learn more about Exchanges →

Supporting Concepts

Counterparties

Counterparties represent external destinations or sources for money movement—bank accounts, wallets, or other financial endpoints linked to a customer.

Learn more about Counterparties →

Assets

Assets define the types of value that can be held and transferred on the platform, including fiat currencies and digital assets.

Learn more about Assets →

Documents

Documents support compliance and verification workflows, storing identity documents, proof of address, and other required files.

Learn more about Documents →

How These Concepts Relate

Copy
Copied
Customer
	└── Application (onboarding)
	└── Accounts (one per asset type)
			└── Deposits (inbound)
			└── Withdrawals (outbound)
			└── Transfers (internal)
			└── Exchanges (conversions)
	└── Counterparties (external endpoints)
	└── Documents (verification files)

Next Steps

© 2024 Rail. All Rights Reserved.