Create a business entity

Indicates possible uses of the accounts an entity may use at Column. Only required for a root entity.

Addresses need to adhere to character validation, as addresses are used across multiple payment rails. Characters are validated according to the Fedwire character validation. Required by default.

A list of all the persons who have ultimate control over funds in the business, whether through ownership or other means. This is anyone who owns 25% or more of the business and those who control the funds. If no one owns more than 25% of the business, just the individual who has ultimate control of the funds must be included.

Legal Business Name

Countries in which the business currently operates or expects to operate. Only ISO 3166-1 Alpha-2 Country Codes (e.g., US, FR, UK, DE, ... ) are allowed. Only required for a root entity.

Country in which the business is incorporated. ISO 3166-1 Alpha-2 Country Code.

Date on which the business was incorporated. Format: YYYY-MM-DD.

Doing Business As name, if different from the legal business name.

Description of the business entity. Only required for a root entity.

Employer Identification Number (Tax ID). This may be SSN for a sole proprietorship. At least one form of business identification (ein or registration_id) is required unless ein_pending is set to true.

Set to true if the business has applied for an EIN but has not yet received it. When true, ein and registration_id must not be provided. Cannot be true for root entities.

Type of end customer the business serves.

Expected transaction types for the account.

Expected use of funds for the business accounts.

Indicates whether the business uses a virtual address.

Industry in which the business entity operates.

Indicates whether the entity has been identified as high risk based on compliance screening

Whether this entity is going to be a root entity of the platform. Root entities have special requirements and validation rules.

Type of business. Permitted values are limited-partnership, trust, sole-proprietorship, corporation, llc, general-partnership, professional-association, government, non-profit, other, pic-piv, spv, irrevocable_trust, revocable_trust.

Indicates whether the business expects to make international payments.

Expected payment volumes. Only required for a root entity.

Intended use of the account.

Registration ID. At least one form of business identification (ein or registration_id) is required unless ein_pending is set to true.

Primary source of funds for the business.

State in which the business is incorporated. Only postal abbreviations (e.g. AL, CA, DE, ...) are allowed. Only required for a root entity.

Website of the business. Optional, but highly encouraged as it will increase likelihood of an automated verification.

Year in which the business entity was incorporated. Only required for a root entity.