Bank Accounts
Simple, flexible, powerful accounts
Open an account for your use case. Get FDIC insurance, unlimited account numbers and an intuitive transaction ledger.
Unlimited account numbers
Accounts and account numbers are separate and composable. Every account number is fully routable and supports both debits and credits.Accounts open instantly
Accounts open instantly and are usable as soon as you create them, every hour of every day.All shapes and sizes
We support demand deposit accounts, For-Benefit-Of (FBO) accounts, custodial accounts, trust accounts, joint accounts and more.Automatic oversight
KYC is key. We programmatically verify identities, unblocking you to move and scale faster.Interest
Platforms with large volumes may be eligible to earn interest on stored funds. Corporate cash always does.Transparent funds availability
Full visibility into holds on reversible ACH transfers. Set up a reserve for high-velocity use cases.Limits
Programmable limits can help you protect funds from fraud and unintentional spend.Statements
Statements are generated automatically. Download from the dashboard or via API.Open an account without ever leaving your keyboard
Open bank accounts with a single API call.
- Accounts and account numbers are separate.
- Available to use immediately.
- Funds are insured by the FDIC.
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curl -X "POST" \
--url "${INCREASE_URL}/accounts" \
-H "Authorization: Bearer ${INCREASE_API_KEY}" \
-d $'{
"name": "New Account!"
}'
Each account can have multiple account and routing numbers.
- Create as many as you need.
- Unique numbers for counterparties simplifies reconciliation.
- Account numbers can be easily and safely disabled.
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curl -X "POST" \
--url "${INCREASE_URL}/account_numbers" \
-H "Authorization: Bearer ${INCREASE_API_KEY}" \
-d $'{
"account_id": "account_in71c4amph0vgo2qllky",
"name": "Rent payments"
}'
Limits can reject authorized or unintended debits.
- Limits can be per-transaction or time-based.
- Limits can apply to accounts, account numbers or cards.
- Volume or count-of-transaction limits for any use case.
- Paused or adjusting limits is easy.
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curl -X "POST" \
--url "${INCREASE_URL}/limits" \
-H "Authorization: Bearer ${INCREASE_API_KEY}" \
-H "Content-Type: application/json" \
-d $'{
"metric": "volume",
"interval": "month",
"model_id": "account_in71c4amph0vgo2qllky",
"value": 1234
}'
Account transfers move funds between your own accounts at Increase.
- Instantaneous.
- Create unlimited transfers at no cost.
- Makes reserve management easy.
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curl -X "POST" \
--url "${INCREASE_URL}/account_transfers" \
-H "Authorization: Bearer ${INCREASE_API_KEY}" \
-d $'{
"account_id": "account_in71c4amph0vgo2qllky",
"amount": 100,
"description": "Creating liquidity",
"destination_account_id": "account_uf16sut2ct5bevmq3eh"
}'
Clockwork ledgering
- Create an account via the dashboard or a call to
POST /accounts.Accounts open synchronously. - We send you an
account.createdwebhook. - Create an account number via a call to
POST /account_numbers. - We send you an
account_number.createdwebhook.
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{
"balances": {
"current_balance": 0,
"available_balance": 0
},
"created_at": "2020-01-31T23:59:59Z",
"currency": "USD",
"entity_id": "entity_n8y8tnk2p9339ti393yi",
"informational_entity_id": null,
"id": "account_in71c4amph0vgo2qllky",
"interest_accrued": "0.01",
"interest_accrued_at": "2020-01-31",
"name": "My first account!",
"status": "open",
"type": "account"
}
{
"balances": {
"current_balance": 0,
"available_balance": 0
},
"created_at": "2020-01-31T23:59:59Z",
"currency": "USD",
"entity_id": "entity_n8y8tnk2p9339ti393yi",
"informational_entity_id": null,
"id": "account_in71c4amph0vgo2qllky",
"interest_accrued": "0.01",
"interest_accrued_at": "2020-01-31",
"name": "My first account!",
"status": "open",
"type": "account"
}
“Increase has been an invaluable banking partner to Modern Treasury. They support innovative, fast growing customers looking for high quality banking technology, and get our mutual customers moving money quickly. They understand the importance of speed to market and provide the right tools for building financial products.”
Dimitri Dadiomov
CEO, Modern Treasury
Build your bank
Everything you need and nothing you don't
Direct connections to the networks for money transmission. Bank accounts that open instantly. Unopinionated building blocks that let you build for any funds flow or use case.
ACH
Originate ACH credits and debits, validate account numbers with pre-notifications and store commonly accessed details.
Bank Accounts
Commercial or consumer, FDIC insurance, unlimited account numbers.
Cards
Issue cards with custom art to businesses or consumers. Approve authorizations in real-time, or configure limits programmatically.
Checks
Send branded checks anywhere in the world with one API call. Or deposit checks via API or the dashboard.
Real-Time Payments
Transmit money to accounts at most major banks in seconds, not days.
Wires
The original instantaneous money transfer. Send money anywhere, anytime Fedwire is open.