Accounts

Cross River accounts solution

Bank accounts are a way for individuals and businesses to store, receive and use funds in various ways. Depending on your operational model and the funds flows you need, Cross River delivers a number of different options and configurations for bank accounts.

What we offer

Cross River offers these account products.

Deposit accounts (DDA):

Savings

Time deposit (CD) accounts

Our deposit sweeps feature on DDAs gives customers access to a higher FDIC insurance limit on their DDAs.

Every DDA is associated with a customer record in our banking core. These customers go through normal KYC/KYB and other compliance checks.

For benefit of (FBO) accounts:

Standard FBO with subledgers

Pooled FBO

As part of the process of becoming a Cross River partner, we work with you to identify what your needs are, and what kinds of accounts will best suit those needs.

Tutorials

See our tutorials to learn how to:

Open an account via API

Withdraw CD funds early via API

Open a subledger via API

Perform accounts actions in COS Explorer