Create currency account

Use case

In this example we will review how to open a currency account with the minimal set of date.

Use case data	API parameters with values
Currency account type	"accountTypeCode": "CURRENCY"
The name of the account holder is Trevor Harry Tuum	"personName": "Trevor Harry Tuum"
Trevor is assigned to the GROUP_A customer group.	"customerGroupCode": "GROUP_A"
The standard price list is assigned to the account	"priceListTypeCode": "STANDARD"
Trevor's residency country is the Great Britain	"residencyCountryCode": "GB"
The account currency code is GBP	"currencyCode": "GBP"

Sample API call

To create an account for a person, make the following API call.

https://account-api.sandbox.tuumplatform.com/api/v4/persons/{personId}/accounts

See more about the create account endpoint in the Tuum developer portal.

Sample request

Below is an example request body of the API call for creating an account.

JSON

{
  "accountTypeCode": "CURRENCY",
  "personName": "Trevor Harry Tuum",
  "customerGroupCode": "GROUP_A",
  "priceListTypeCode": "STANDARD",
  "residencyCountryCode": "GB",
  "currencyCode": "GBP"
}

cURL

Sample response

Below you find an example response body to the API call above.

Response

{
    "errors": null,
    "validationErrors": null,
    "data": {
        "accountId": "ID-1279",
        "personId": "ID-3392",
        "accountTypeCode": "CURRENCY",
        "activationDate": "2023-06-19",
        "accountName": null,
        "personName": "Trevor Harry Tuum",
        "statusCode": "ACTIVE",
        "iban": "GB72XXXX04030000000986",
        "bic": "LHVBGB2LXXX",
        "defaultCurrencyCode": "GBP",
        "tenantCode": "MB",
        "residencyCode": "GB",
        "customerGroupCode": "GROUP_A",
        "personTypeCode": null,
        "intraOrgCode": null,
        "accountTypeSetupCode": "STANDARD",
        "serviceProviderCode": "TUUM",
        "interestMethodAssignmentCode": null,
        "accountClassCode": null,
        "balances": [
            {
                "balanceId": "ID-1206",
                "accountId": "ID-1279",
                "currencyCode": "GBP",
                "balanceAmount": 0.00,
                "reservedAmount": 0.00,
                "overdraftLimitAmount": 0.00,
                "defaultCurrencyCode": "GBP",
                "availableBalanceInDefaultCcy": 0.00,
                "negativeBalanceStartDate": null,
                "availableBalanceAmount": 0.00
            }
        ],
        "masterAccountId": null,
        "accountNumbers": [
            {
                "accountNumber": {
                    "value": "00000986",
                    "type": "BBAN"
                },
                "countryCode": "GB",
                "financialInstitutionId": {
                    "value": "040300",
                    "type": "SORT_CODE"
                },
                "defaultCurrencyCode": "GBP",
                "accountNumberId": "ID-1143",
                "accountId": "ID-1279",
                "financialInstitutionIdTypeCode": null,
                "statusCode": "ENABLED"
            }
        ],
        "taxResidencyCountryCode": "GB",
        "jurisdictionCountryCode": "GB"
    }
}

Result

The outcome of the API call is the complete set of account data. Including the parameters generated by the Tuum system:

Parameter and value	Explanation
"accountId": "ID-1279"	A unique identifier is assigned to the new account.
"statusCode": "ACTIVE"	The new account is created and activated.
"iban": "GB72XXXX04030000000986"	The IBAN assigned to the new account.
"bic": "LHVBGB2LXXX"	The BIC assigned to the new account.