Introduction to Accounts

An account stores funds.
Introduction to Accounts
 last updated: 
December 15, 2021

An accounts:
- allows the account holder to store, spend, receive and send funds.
- has an accountId along with other account details
- includes $250,000 in FDIC insurance (if checking account)
- an individual (person) can open upon Person's KYC approval.
- a business (person) can open upon Person's KYC (applicant) and Business's KYB approval.