Counterparties

Adding a counterparty

Counterparties are used in deposit operations (ACH Pull only) and withdrawal operations. They represent external accounts that funds are withdrawn to or pulled from (e.g. ACH Pull). A counterparty contains information including:

Counterparty Type - Crypto , FIAT_US , FIAT_US_LINKED , FIAT_EU , FIAT_IN ...
Supported payment rails - Crypto, Fedwire (US), ACH (US), SEPA CT (EU), FPS (UK), SWIFT
Profile - name (account holder name), address (account holder address), line of business
Account information - account number, routing number, crypto wallet address, asset type, financial institution name and address

From the customers overview page, you can view and add counterparties.

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The type of counterparty will determine which rails are used. Anything outside of fiat US and crypto will use swift rails for moving the funds Once added, the counterparty can be selected and used when a deposit or withdrawal is initiated in the management ui.