Skip to main content
An Entity represents an organization with its own legal identity. An Entity is the parent of its Account objects. Each Entity can own more than one Account.

​
Root entity

Your business has one root Entity in each environment: test and live. Fintoc creates the root Entity automatically after you finish onboarding in live mode. Account objects under your root Entity hold your company’s money.

​
Entities for your customers

You can create Entity objects for customers when transfer receipts need to show each customer’s legal name. For example, a marketplace can pay each seller under the seller’s Mexican tax ID (RFC) or Chilean tax ID (RUT). Fintoc’s compliance team performs a Know Your Customer review for each customer Entity. For Mexican entities, you can create the Entity and complete the review through the API. See Onboard an Entity by API for instructions. See Create more accounts for the dashboard flow.