Account Creation

Before you begin

1. Before you begin, we have this repo with all of the API calls you will need Account Creation Repo
2. To see more in depth compliance requirements please view here entityRequiredFields representativeRequiredFields

Getting Started with Accounts

1. Obtain Your API Key:

   • Routefusion will create and issue you an API key. If you need one, please reach out to [email protected].

2. Verify Your API Key:

   • Routefusion will provide you with an API key and UserID.
   • Verify your API key works by hitting the Authentication endpoint.

3. Setup Webhooks:

   1. Before we begin, you should first navigate to the createWebhookSubscription endpoint and enable webhooks for entities so you can receive real-time updates on the status of an entity.

4. Onboard Your First Entity:

   1. Retrieve Required Fields:
      • Use the entityRequiredFields endpoint to get the required fields for your entity to be successfully onboarded. entityRequiredFields
   2. Create Business Entity:
      • Now that you have the required fields, you can create your first entity using the createBusinessEntity mutation. This will initialize a BusinessEntity. Think of it as a shell; you need to fill in the details and then finalize it.
      • Use the fileUpload endpoint to upload your required documents for the Business Entity.
   3. Create Representatives:
      • Now, you need to create your Representative(s). A representative is a UBO (Ultimate Beneficial Owner) or owner of the business.
      • Grab the requirements for creating your representative representativeRequiredFields
      • Use the createRepresentative endpoint to do this. Do this for as many owners of the business that own 25% or more of the business, or if you want to have a designated signor for the business. You will use the entity_id in the mutation, and that will link the Representatives to the entity.
        • Note: In cases where your business does not have any UBOs (owners) that own 25% or more of the business, you will need to submit a legally authorized representative in place of the UBO.
        • Once you have created your representative(s), you can begin uploading the required documents to each representative using the fileUpload endpoint. Documents will include driver's license or passport, etc.
   4. Submit for Compliance Approval:
      • Once you have created and submitted documents for your Entity and Representatives, you can submit the entity for compliance approval here: finalizeEntity.

5. Create Your First Account:

   1. Once your entity is approved, go to the createWallet endpoint and create a wallet for your entity in the currency you want.

6. Congratulations! The next step would be to create a beneficiary and then create your first transfer! You can find those guides here.