Create Account

Create an account for a given identity, via the identity_id field. This identity is the primary owner of the account for all tax-related purposes.

To track user balances using Paxos Profiles, use create_profile=true when creating the account. Once an account has been created, it is not possible to associate it with a Profile.

Account Members

In addition to the primary owner, other identities may be associated with the account, by using members. The identity on the account is treated as a BENEFICIAL_OWNER.

To add a financial advisor to an account, add a member with the FINANCIAL_ADVISOR role.

Example

This example request creates a joint account for John and Jane Doe. John has identity_id=82c338f4-3cb7-4d9b-be2a-4b077c82ee3a, and Jane has identity_id=0f5d8475-33f3-4ebd-88a0-66dedc2581c1. John is the primary owner of the account for tax-purposes, but Jane is a full beneficial owner.

Additionally, this account has an associated financial advisor with identity_id=0d26f878-298e-4d47-81be-cdf4e982a3d3.