When you create an Adyen business account for your users, you generate a business account number linked to their balance account. Your users can share their business account number with third parties so they can receive business-related payments or fund transfers.
Requirements
Before you can create business accounts for your users, check if you meet the requirements for business accounts.
Additionally, make sure that your users have:
- Legal entities for both your user and all entities associated with the user. For example, the ultimate beneficial owners (UBOs) for an organization.
- Business lines, which contain information about your user's line of business. You need to create two business lines, one for your user to receive payments and one for business accounts.
- An account holder and a balance account.
- Completed the verification checks for business accounts and have the issueBankAccount capability allowed and enabled.
Create a payment instrument
After the issueBankAccount capability has been allowed and enabled on the account holder of your user, you can proceed with creating a payment instrument for them. Payment instruments—such as business accounts—are resources that account holders can use externally to transact with their balance account. Creating a business account payment instrument generates a business account number, such as an IBAN.
To create a business account payment instrument, make a POST /paymentInstruments call specifying:
| Parameter name | Required | Description |
|---|---|---|
| balanceAccountId |  |
The ID returned when you created the balance account. All financial transactions, such as receiving and sending funds, will be processed in this balance account. |
| issuingCountryCode | |
The two-letter country code where the business account is issued from. We currently support NL and US. The currency of the specified country must match the currency of the balance account. |
| type | |
Set to bankAccount. |
| description | Your description for the business account, which you can use to store useful information for your staff. | |
| reference | Your reference for the business account, which you can map to your internal systems. |
Get payment instruments
To find the existing business account number related to a specified balance account, make a GET /balanceAccounts/{id}/paymentInstruments request and specify the balance account id in the path.