Payment Account

A Payment Account in Fitbank is a fully functional financial account that enables the account holder to carry out a wide range of financial transactions, including transfers and payments, via cards, apps, QR codes, and more. These accounts are integrated into the Brazilian Payment System (SPB) for seamless interoperability across various financial institutions and payment methods. Payment Accounts are regulated by the Central Bank and must adhere to the security, privacy, and transparency standards outlined by the monetary authority.

API Method: NewAccount

Fitbank provides the NewAccount method to open Payment Accounts. This method ensures a quick and secure account creation process for both individuals and legal entities.

Individual Account

The NewAccount API method can be used to open an account for an individual. Required information includes personal details such as full name, CPF, date of birth, and contact information. The system also requests additional data such as occupation and monthly income. For complete registration, personal identification documents must be submitted.

Legal Entity Account

Legal entities can also register using the NewAccount method. The registration requires company information like corporate name, CNPJ, date of incorporation, and address, along with details about the company's legal representative. In addition, it is mandatory to include the identification information of all individuals involved in the company’s shareholder structure for proper KYC compliance.