A managed account represents an account held at a financial institution.
Weavr Multi allows you to create managed accounts for your onboarded customers. Each account has a balance where your customers can hold funds. Optionally, you can assign an IBAN to the managed account to enable wire transfers to bank accounts outside of Weavr.
Onboard account holders and create accounts
Assign an IBAN to enable bank transfers
Retrieve the statement of an account