> ## Documentation Index
> Fetch the complete documentation index at: https://docs.fintoc.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Create more accounts

> Create additional Fintoc Accounts on the legacy v2023-11-15 Transfers API under your organization or clients to track balances separately by product.

An `Entity` is the legal holder of an account. Your `Organization` always has a main `Entity`. You can also create `Entity` objects for your clients.

<img src="https://mintcdn.com/fintoc-49b8bee8/YQmOnq8Zegydl6oL/images/a496b56e8856980f84c290cad865a13cf8d6ead40ac99f4d993298beffabff81-image.png?fit=max&auto=format&n=YQmOnq8Zegydl6oL&q=85&s=f370e6c9bb0ada3a356d276a4ad5eada" alt="" width="2404" height="192" data-path="images/a496b56e8856980f84c290cad865a13cf8d6ead40ac99f4d993298beffabff81-image.png" />

## Account activation

Account activation depends on the entity:

* Fintoc activates accounts for your main `Entity` immediately.
* Accounts for a new `Entity` remain `pending` until Fintoc approves the Know Your Customer (KYC) verification. Approval takes up to five days and typically takes one day for low-risk entities.

# Create more accounts for your organization’s entity

Your `Organization` starts with one `Account`. You can immediately create more accounts for the organization's main `Entity`. Each account has a separate balance, which helps you reconcile funds.

## Use the API

Use the Create account endpoint or the [Dashboard](https://dashboard.fintoc.com/accounts) and specify your main `Entity` in `entity_id`. Use the List entities endpoint to retrieve the main entity's ID.

```bash theme={null}
curl --request POST \
     --url https://api.fintoc.com/v2/accounts \
     --header 'Authorization: sk_test_32ExjlGaPrvG2AiNSU2lAmNiXL8' \
     --header 'accept: application/json' \
     --header 'content-type: application/json' \
     --data '
{
  "entity_id": "ent_32ExjlGaPrvG2AiNSU2lAmNiXL8",
  "description": "My main account"
}
'
```

```python Python SDK theme={null}
account = client.v2.accounts.create(
  entity_id="ent_32ExjlGaPrvG2AiNSU2lAmNiXL8",
  description="My main entity",
)
```

```javascript Node SDK theme={null}
const account = await fintoc.v2.accounts.create({
  entity_id: "ent_32ExjlGaPrvG2AiNSU2lAmNiXL8",
  description: "My main entity"
});
```

# Create accounts for another entity (your clients)

If you manage funds for your clients, you can open accounts under their legal names.

## Example use case

Imagine you run a food delivery platform:

* Use one `Account` under your own `Entity` to collect your platform fees.
* Create one `Account` per restaurant under a new `Entity`. The transfer receipt then shows the restaurant's name instead of your platform's name.

You manage balances and payouts between your `Account` and your clients' accounts.

## 1. Create an entity

Create an `Entity` from the Fintoc [Dashboard](https://dashboard.fintoc.com/entities). Select **Create Entity**.

<img src="https://mintcdn.com/fintoc-49b8bee8/SkvJJ-DZ5D4yC6tQ/images/d658aaab0a4a5c708b1bdfdea652380b0e569a8cae531fb90bba07b3f21ff1d1-image.png?fit=max&auto=format&n=SkvJJ-DZ5D4yC6tQ&q=85&s=71d60270d394009ed3614f3a01d4458a" alt="" width="1027" height="201" data-path="images/d658aaab0a4a5c708b1bdfdea652380b0e569a8cae531fb90bba07b3f21ff1d1-image.png" />

Enter the entity's legal name and tax ID: Mexican tax ID (RFC) or Chilean tax ID (RUT).

## 2. Complete business verification

Fintoc sends you a URL to complete the Know Your Business (KYB) form for your new `Entity`. Fintoc sometimes calls this the KYC form. After you submit the form, Fintoc's compliance team reviews your information in less than five days.

## 3. Start using transfers

After Fintoc notifies you that the compliance review is complete, you can:

* Create transfers from your new `Entity`'s main `Account`.
* Receive transfers through your main standardized Mexican bank account number (CLABE), or generate new CLABEs.
* Create more accounts immediately under this `Entity`.

<br />