Pooled account membership allows you to manage the members of your pooled safeguarding or pooled client money accounts.
💡 You’ll need to add members when you first set up the pooled account in order to send or receive payments from that account.
Each member you want to add needs to have been onboarded either via Verify or Reliance onboarding. Once onboarded, a legal person url is created in our system (this is a unique identifier for each of your customers). You need to use this legal person url to add or remove members to your pooled account.
Follow the below steps to set up your pooled account membership:
💡 You’ll also need to confirm that the membership is up-to-date at least once every 24 hours while the account is open. This process can be automated by your systems using our APIs. If you have any questions please reach out to us.
For more information take a look at our pooled account membership guide.