To make our transactions happen in a clear and safe way, we utilize some "auxiliary accounts". The accounts from 1 to 10 are already created in each of our databases for the following processes:
Accounts 01, 02, and 03: Blocked for Conductor internal processes.
Account 04 (DOCK account): This account allocates all resources that are DOCK's responsibility. For example, in the payment process, the amount related to the payment passes through this account to be able to be settled on the assignor account.
Account 05 (transitory account): This account allocates the resources that will be transferred to Account 04 until there is any type of transaction confirmation.
Account 06 (sub-issuer account): This account allocates the resources of the sub-issuer. For example, the tariffs related to the sub-issuer services.
Account 07 (acquiring account): This account allocates the resources from the settlement of receivables before being distributed to each account.
Account 08 (P2M's "escrow" account): This account is used to hold the corresponding amount of each transaction until they are settled in the P2M API process.
Account 09 (Visa Cargo account): This account is used to hold the corresponding amount of each transaction until they are charged in the Visa Cargo API process.
Account 10: Incoming.
Updated 2 months ago