Platform · Banking & Accounts
Operate U.S. account workflows within an approved program.
Approved programs operate individual and business account workflows, business-verification and beneficial-ownership review, and U.S. account and banking infrastructure through applicable sponsor-bank and infrastructure relationships.
Target use cases
Where account structures fit.
- Operating U.S. dollar accounts for cross-border commerce
- Named virtual accounts for platform sub-ledgering
- FBO structures for regulated program operators
- Collections and payouts with clean reconciliation
Core capabilities
What Ledger1 coordinates.
- U.S. dollar business account structures
- Named or virtual account structures where supported
- FBO and subledger configurations where approved
- Collections and payouts
- Balance and transaction visibility
- Reconciliation and reporting
- Program-specific account structures
- Sponsor-bank and infrastructure relationships
Availability
Products and services are subject to eligibility, customer and use-case review, due diligence, underwriting, jurisdictional restrictions, partner approval, and applicable agreements. Availability varies by product, country, state, currency, asset, network, corridor, and program structure.Sponsor-bank disclosure — pending compliance approval
[COMPLIANCE APPROVAL REQUIRED: INSERT APPROVED SPONSOR-BANK DISCLOSURE LANGUAGE]What Ledger1 is not
Important boundaries.
Ledger1 is not a bank. Ledger1 does not accept deposits.
FDIC insurance is not automatic or universal. Applicable protections depend on the account structure and are described in the relevant disclosures.
Not every applicant receives an account. Account structures are subject to underwriting and partner approval.
Funds are not necessarily held directly with Ledger1. Custody of funds sits with the applicable sponsor bank or infrastructure provider.
Discuss Your Program