Account types

The following table presents the available account types in the Tuum system and their corresponding features.

Account type	Description
Currency	A customer account that allows holding balances in multiple currencies on one account. It can have fees, interest conditions, and contractual overdraft conditions. Note: see more about currency accounts.
Internal	Bank's technical account used to reflect incoming or outgoing funds movements. The funds held in internal accounts are not categorised as customer deposits. Note: see more about internal accounts.
Virtual	A customer account with a number, which can be used for payments but does not store its balance. The reference to the master account id is mandatory for such account types.
Shadow	A hidden customer account related to the credit contract disbursements and repayments if currency accounts are not in use.
Saving	A customer account to put some money aside from the usual current account and earn additional interest.

• Only Currency and Internal account types can be created via the BackOffice interface.

• To create other types of accounts, use the create account API endpoint.