Collection Account

Tazapay provides you with global collection accounts which you can share with your customers to receive payments in local currencies or using the SWIFT network. You can then withdraw the collected funds from the global collection accounts into the currency and bank account of your choice.

Object Structure

Virtual account

{
  "metadata": {},
  "virtual_account": {
    "account_holder_name": "John Doe",
    "account_number": "1234567890-56-7890",
    "bank_address": {
      "address_line_1": "123 Main Street",
      "address_line_2": "Suite 500",
      "country": "United States of America"
    },
    "bank_codes": {
      "ach_routing_number": "021000021",
      "bank_code": "001",
      "bsb_code": "033-001",
      "fedwire_routing_number": "021000021",
      "routing_code": "021000021",
      "sort_code": "12-34-56",
      "swift_code": "BOFAUS3N"
    },
    "bank_branch": "Downtown Branch",
    "bank_name": "Bank of America",
    "iban": "US12345678901234567890"
  },
  "created_at": "2025-06-17T10:39:25.03501Z",
  "updated_at": "2025-06-17T10:41:43.349835Z",
  "id": "cva_crqinja9chqqs7moi8rg",
  "object": "collection_account",
  "payment_method_type": "local_bank_transfer_cad",
  "status": "enabled",
  "currencies": [
    "CAD"
  ]
}

Wallet

{
    "metadata": {},
    "wallet": {
      "type": "ethereum",
      "deposit_address": "0xAb5801a7D398351b8bE11C439e05C5B3259aeC9B"
    },
    "created_at": "2024-09-19T08:07:06.576777Z",
    "updated_at": "2024-09-19T08:07:06.576777Z",
    "id": "cwa_crltnagotd3175aonav0",
    "object": "collection_account",
    "payment_method_type": "stablecoin_usdt",
    "status": "enabled",
    "currencies": [
      "USD"
    ]
  }

Object Paramaters

collection_account

Parameter	Type	Description
metadata	json	Set of key-value pairs attached to the collection_account object
virtual_account/wallet	object	Consists of all the bank account/wallet details. Please check virtual_account, wallet
created_at	string (ISO Date)	Collection Account creation timestamp
updated_at	string (ISO Date)	Collection account last updated timestamp
id	string	Unique identifier (ID) associated with the collection_account
object	string	Object structure name - collection_account in this case.
payment_method_type	enum	Payment Method Type used for the account. Refer List
status	enum	Current status of the collection account. It can either be enabled or disabled, enablement_requested, disablement_requested, enablement_rejected.
currencies	array	List of supported currencies the collection account can receive funds in

virtual_account

Parameter	Type	Description
account_holder_name	string	Name of the account holder
account_number	string	Account number of the collection account
bank_address	json	Bank address of the collection account bank
bank_codes	json	Bank codes of the collection account bank
bank_branch	string	Bank branch of the collection account bank
bank_name	string	Bank name of the collection account bank
iban	string	IBAN of the collection account bank

wallet

Parameter	Type	Description
type	string	Type of wallet
deposit address	string	Deposit address of wallet