Counterparty Validation

There is validation on the Create counterparty API.

Mandatory Fields by Counterparty Type

Below is a breakdown of the mandatory fields by counterparty type and payment rail. '✅' denotes that a field is mandatory for a given counterparty type and rail.

🇺🇸 United States - FIAT_US

Field name	Rail(s)
	Fedwire	ACH	SWIFT
`customer_id`	✅	✅	✅
`counterparty_type`	✅ (`FIAT_US`)	✅ (`FIAT_US`)	✅ (`FIAT_US`)
`supported_rails`	✅ (`FEDWIRE`)	✅ (`ACH`)	✅ (`SWIFT`)
`description`
Profile
`profile_type`	✅	✅	✅
`name`	✅	✅	✅
`email`
`telephone_number`
`tax_reference_number`
`date_of_birth`
`unit_number`
`address_line1`	✅		✅
`address_line2`
`address_line3`
`city`	✅		✅
`state`	✅		✅
`postal_code`	✅		✅
`country_code`	✅		✅
`line_of_business`
`relationship_to_customer`	✅	✅	✅
Account information
`type`		✅	✅
`asset_type_id`	✅	✅	✅
`account_number`	✅	✅	✅
`routing_number`	✅	✅
`swift_bic`			✅
`institution_name`	✅		✅
`unit_number`
`address_line1`	✅		✅
`address_line2`
`address_line3`
`city`	✅		✅
`state`	✅		✅
`postal_code`	✅		✅
`country_code`	✅		✅

🇺🇸 United States - FIAT_US_LINKED

Field name	Rail(s)
	ACH
`customer_id`	✅
`counterparty_type`	✅ (`FIAT_US_LINKED`)
`supported_rails`	✅ (`ACH`)
`description`
Profile
`profile_type`	✅
`name`	✅
`email`
`telephone_number`
`tax_reference_number`
`date_of_birth`
`unit_number`
`address_line1`
`address_line2`
`address_line3`
`city`
`state`
`postal_code`
`country_code`
`line_of_business`
`relationship_to_customer`	✅
Account information
`type`
`asset_type_id`	✅
`account_number`
`routing_number`
`swift_bic`
`institution_name`
`unit_number`
`address_line1`
`address_line2`
`address_line3`
`city`
`state`
`postal_code`
`country_code`

🇨🇦 Canada - FIAT_CA

Field name	Rail(s)
	SWIFT	EFT
`customer_id`	✅	✅
`counterparty_type`	✅ (`FIAT_CA`)	✅ (`FIAT_CA`)
`supported_rails`	✅ (`SWIFT`)	✅ (`EFT`)
`description`
Profile
`profile_type`	✅	✅
`name`	✅	✅
`email`
`telephone_number`
`tax_reference_number`
`date_of_birth`
`unit_number`
`address_line1`	✅	✅
`address_line2`
`address_line3`
`city`	✅	✅
`state`	✅	✅
`postal_code`	✅	✅
`country_code`	✅	✅
`line_of_business`
`relationship_to_customer`	✅		✅
Account information
`type`
`asset_type_id`	✅	✅
`account_number`	✅	✅
`institution_number`		✅
`transit_number`		✅
`swift_bic`	✅
`institution_name`	✅	✅
`unit_number`
`address_line1`	✅	✅
`address_line2`
`address_line3`
`city`	✅	✅
`state`	✅	✅
`postal_code`	✅	✅
`country_code`	✅	✅

🇪🇺 Europe - FIAT_EU

Field name	Rail(s)
	SWIFT	SEPA CT
`customer_id`	✅	✅
`counterparty_type`	✅ (`FIAT_EU`)	✅ (`FIAT_EU`)
`supported_rails`	✅ (`SWIFT`)	✅ (`SEPA_CT`)
`description`
Profile
`profile_type`	✅	✅
`name`	✅	✅
`email`
`telephone_number`
`tax_reference_number`
`date_of_birth`
`unit_number`
`address_line1`	✅	✅
`address_line2`
`address_line3`
`city`	✅	✅
`state`	✅	✅
`postal_code`	✅	✅
`country_code`	✅	✅
`line_of_business`
`relationship_to_customer`	✅	✅
Account information
`type`
`asset_type_id`	✅	✅
`account_number`
`iban`	✅	✅
`swift_bic`	✅	✅
`institution_name`	✅	✅
`unit_number`
`address_line1`	✅	✅
`address_line2`
`address_line3`
`city`	✅	✅
`state`	✅	✅
`postal_code`	✅	✅
`country_code`	✅	✅

🇬🇧 Great Britain (UK) - FIAT_GB

Field name	Rail(s)
	SWIFT	Faster Payments (soon)
`customer_id`	✅	✅
`counterparty_type`	✅ (`FIAT_GB`)	✅ (`FIAT_GB`)
`supported_rails`	✅ (`SWIFT`)	✅ (`FPS`)
`description`
Profile
`profile_type`	✅	✅
`name`	✅	✅
`email`
`telephone_number`
`tax_reference_number`
`date_of_birth`
`unit_number`
`address_line1`	✅
`address_line2`
`address_line3`
`city`	✅
`state`	✅
`postal_code`	✅
`country_code`	✅
`line_of_business`
`relationship_to_customer`	✅	✅
Account information
`type`
`asset_type_id`	✅	✅
`account_number`		✅
`iban`	✅
`swift_bic`	✅
`institution_name`	✅	✅
`unit_number`
`address_line1`	✅
`address_line2`
`address_line3`
`city`	✅
`state`	✅
`postal_code`	✅
`country_code`	✅

🇮🇳 India - FIAT_IN

Field name	Rail(s)
	SWIFT	IMPS
`customer_id`	✅	✅
`counterparty_type`	✅ (`FIAT_IN`)	✅ (`FIAT_IN`)
`supported_rails`	✅ (`SWIFT`)	✅ (`IMPS`)
`description`
Profile
`profile_type`	✅	✅
`name`	✅	✅
`email`		✅
`telephone_number`		✅
`tax_reference_number`
`date_of_birth`
`unit_number`
`address_line1`	✅	✅
`address_line2`
`address_line3`
`city`	✅	✅
`state`	✅	✅
`postal_code`	✅	✅
`country_code`	✅	✅
`line_of_business`
`relationship_to_customer`
Account information
`type`
`asset_type_id`	✅	✅
`account_number`	✅	✅
`swift_bic`	✅
`ifsc`		✅
`institution_name`	✅	✅
`unit_number`
`address_line1`	✅	✅
`address_line2`
`address_line3`
`city`	✅	✅
`state`	✅	✅
`postal_code`	✅	✅
`country_code`	✅	✅

🇲🇽 Mexico - FIAT_MX

Field name	Rail(s)
	SWIFT
`customer_id`	✅
`counterparty_type`	✅ (`FIAT_MX`)
`supported_rails`	✅ (`SWIFT`)
`description`
Profile
`profile_type`	✅
`name`	✅
`email`
`unit_number`
`address_line1`	✅
`address_line2`
`address_line3`
`city`	✅
`state`	✅
`postal_code`	✅
`country_code`	✅
`line_of_business`
`relationship_to_customer`
Account information
`type`
`asset_type_id`	✅
`clabe`	✅
`swift_bic`	✅
`institution_name`	✅
`unit_number`
`address_line1`	✅
`address_line2`
`address_line3`
`city`	✅
`state`	✅
`postal_code`	✅
`country_code`	✅

🌎 Account Number Jurisdictions

🌎 FIAT_ACCNO, 🇭🇰 FIAT_HK (Hong Kong), 🇸🇬 FIAT_SG (Singapore), 🇨🇳 FIAT_CN (China), 🇵🇦 FIAT_PA, (Panama), 🇲🇾 FIAT_MY (Malaysia), 🇯🇵 FIAT_JP (Japan), 🇧🇸 FIAT_BS (Bahamas)

Field name	Rail(s)
	SWIFT
`customer_id`	✅
`counterparty_type`	✅
`supported_rails`	✅ (`SWIFT`)
`description`
Profile
`profile_type`	✅
`name`	✅
`email`
`telephone_number`
`tax_reference_number`
`date_of_birth`
`unit_number`
`address_line1`	✅
`address_line2`
`address_line3`
`city`	✅
`state`	✅
`postal_code`	✅
`country_code`	✅
`line_of_business`
`relationship_to_customer`
Account information
`type`
`asset_type_id`	✅ *	* Optional for `FIAT_ACCNO`
`account_number`	✅
`swift_bic`	✅
`institution_name`	✅
`unit_number`
`address_line1`	✅
`address_line2`
`address_line3`
`city`	✅
`state`	✅
`postal_code`	✅
`country_code`	✅

🌎 IBAN Jurisdictions

🌍 FIAT_IBAN, 🇲🇽 FIAT_AE (United Arab Emirates), 🇨🇭 FIAT_CH (Switzerland), 🇧🇷 FIAT_BR (Brazil), 🇸🇦 FIAT_SA (Saudi Arabia), 🇪🇬 FIAT_EG (Egypt), 🇬🇹 FIAT_GT (Guatamala), 🇶🇦 FIAT_QA (Qatar), 🇧🇭 FIAT_BH (Bahrain), 🇨🇷 FIAT_CR (Costa Rica), 🇹🇷 FIAT_TR (Turkey), 🇬🇱 FIAT_GL (Greenland), 🇵🇱 FIAT_PL (Poland)

Field name	Rail(s)
	SWIFT
`customer_id`	✅
`counterparty_type`	✅
`supported_rails`	✅ (`SWIFT`)
`description`
Profile
`profile_type`	✅
`name`	✅
`email`
`telephone_number`
`tax_reference_number`
`date_of_birth`
`unit_number`
`address_line1`	✅
`address_line2`
`address_line3`
`city`	✅
`state`	✅
`postal_code`	✅
`country_code`	✅
`line_of_business`
`relationship_to_customer`
Account information
`type`
`asset_type_id`	✅ *	* Optional for `FIAT_IBAN`
`iban`	✅
`swift_bic`	✅
`institution_name`	✅
`unit_number`
`address_line1`	✅
`address_line2`
`address_line3`
`city`	✅
`state`	✅
`postal_code`	✅
`country_code`	✅

🏦 Intermediary Institution Information (Swift)

If you wish a counterparty with the Swift rail to receive funds via an intermediary institution you must include the intermediary_information block. This block is optional, however if you do provide intermediary information the mandatory fields for that block is as follows.

Field name	Rail(s)
	SWIFT
[Counterparty profile & account information]
Intermediary information
`institution_type`	✅
`swift_bic`	✅
`institution_name`	✅
`unit_number`
`address_line1`
`address_line2`
`address_line3`
`city`
`state`
`postal_code`
`country_code`

🌐 Crypto

Field name	Rail(s)
	CRYPTO
`customer_id`	✅
`counterparty_type`	✅ (`CRYPTO`)
`supported_rails`	✅ (`CRYPTO`)
`description`
Profile
`profile_type`	✅
`name`	✅
`email`
`unit_number`
`address_line1`
`address_line2`
`address_line3`
`city`
`state`
`postal_code`
`country_code`	✅
`line_of_business`
`relationship_to_customer`	✅
Wallet information
`wallet_type`
`asset_type_id`	✅
`blockchain_address`	✅
`institution_name`	✅ *
`unit_number`
`address_line1`	✅ *
`address_line2`
`address_line3`
`city`	✅ *
`state`	✅ *
`postal_code`	✅ *
`country_code`	✅ *

* Mandatory if wallet_type = INSTITUTION

Validation Rules

All fields

No leading or trailing spaces - values with preceding or trailing spaces will be trimmed to remove spaces.
No language quirks - values containing letters with language accents (e.g. à) will result in an error.
Limited special character support - only certain special characters are valid. Values with unsupported special characters (e.g. =) will result in an error.

Valid special characters - .,’&-()@[space]#/:+

Field specific

Field name	Validation rules
`customer_id`
`counterparty_type`	Valid enum
`supported_rails`
`description`
Profile
`profile_type`	Valid enum
`name`
`email`	Valid email
`telephone_number`	E.164 format -> +[country code][subscriber phone number]
`tax_reference_number`
`date_of_birth`
`unit_number`
`address_line1`	Length <= 35
`address_line2`	Length <= 35
`address_line3`
`city`	Length <= 21
`state`	IF US -> ISO_3166-2:US
`postal_code`	IF US -> Length = 5 OR Length = 5-4
`country_code`	ISO 3166-2
`line_of_business`	Valid enum
`relationship_to_customer`	Valid enum
Account information
`type`	Valid enum
`asset_type_id`	Valid enum
`account_number`
`clabe`
`iban`
`routing_number`	Numbers only	Length = 9
`institution_number`
`transit_number`
`swift_bic`	Length = 8 OR Length = 11	ISO 9362
`institution_name`	Length <= 35
`unit_number`
`address_line1`	Length <= 35
`address_line2`	Length <= 35
`address_line3`
`city`	Length <= 21
`state`	IF US -> ISO_3166-2:US
`postal_code`	IF US -> Length = 5 OR Length = 5-4
`country_code`	ISO 3166-2
Wallet information
`wallet_type`	Valid enum
`asset_type_id`	Valid enum
`blockchain_address`
`institution_name`	Length <= 35
`unit_number`
`address_line1`	Length <= 35
`address_line2`	Length <= 35
`address_line3`
`city`	Length <= 21
`state`	IF US -> ISO_3166-2:US
`postal_code`	IF US -> Length = 5 OR Length = 5-4
`country_code`	ISO 3166-2