Counterparties

Counterparties represent the entity on the other side of any financial transaction created in the Victor Platform. The Counterparty Object includes nested Objects to contain the relevant bank account information required to complete both ACH and Wire transfers.

Counterparty Object Description

A Counterparty Object within the Victor Platform has the following fields:

Field Type Description
id String Unique identifier of the Counterparty as stored in the Victor Platform
account_name String Name of the Counterparty
counterparty_id String ID of the Counterparty receiving the transfer. Counterparty object must contain ACH details
created_at String Timestamp of when the Counterparty was created
updated_at String Timestamp of the when the Counterparty was last updated
counterparty-ach-info Object ACH-related details of the Counterparty (see ACH Object description below)
counterparty-wire-info Object Wire-related details of the Counterparty (see Wire Object description below)
counterparty-rtp-info Object RTP-related details of the Counterparty (see RTP Object description below)

ACH Object Description

As a nested Object under the Counterparty Object, the ACH Object has the following fields:

Field Type Description
account_number String Account number of the Counterparty for sending ACH payments
account_type String Type of account, for example Savings or Checking
routing_number String Routing number of the financial institution where the ACH payment will be sent

Wire Object Description

As a nested Object under the Counterparty Object, the Wire Object has the following fields:

Field Type Description
account_number String Account number of the Counterparty for sending Wire payments
routing_number String Routing number of the financial institution where the ACH payment will be sent
bank_name String Name of the financial institution associated with this wire account.
address String Wire details details of the Counterparty's Wire information (see Address Object description below)

Address Object Description

As a nested Object under the Counterparty Object, the Wire Object has an additional nested Object to represent the Address associated with the Wire account. The Address Object has the following fields:

Field Type Description
street_address1 String Field 1 for the street address associated with the Counterparty's Wire information
street_address2 String Field 2 for the street address associated with the Counterparty's Wire information
city String City associated with the Counterparty's Wire information
state String State associated with the Counterparty's Wire information
zip_code String Zip code associated with the Counterparty's Wire information

RTP Object Description

As a nested Object under the Counterparty Object, the RTP Object has the following fields:

Field Type Description
account_number String Account number of the Counterparty for sending RTP payments
routing_number String Routing number of the financial institution where the RTP will be sent