Credit Accounts

Credit Accounts are accounts that represent an amount loaned to an end customer. Credit Accounts have a:

Credit limit, the maximum amount the customer can be loaned at any given time
Balance, the amount the customer currently owes
Hold, the amount of authorizations pending
Available Credit Limit, the current maximum amount the customer can be further loaned. This is calculated by subtracting the Balance and Hold from the Credit Limit.

Currently credit accounts on Unit support Business Charge Cards.

Credit Terms

When creating a credit account, you are required to select the Credit Terms for the account. The Credit Terms defines the set of terms that are applied to the account:

Billing cycle
Repayment terms
Fees
APR [in later versions]
Daily account spending limit

You may utilize as many credit terms as you need to make your product work, and there are many use cases for multiple credit terms products:

Manage fees and limits to represent different customer tiers (regular / VIP).
Offer multiple different credit solutions (e.g. charge cards and loans)

You may move an account between different credit terms that serve the same purpose (e.g. move an account from "regular" to "VIP" credit terms) by updating the account.

info

Credit Terms are created and updated by Unit's compliance team, to ensure any changes are in line with relevant regulation. Similarly, only Unit’s compliance team can change the Credit Terms associated to a Credit Account.

Create Credit Account

Creates a credit account for a Customer. An account.created event is raised when the call was successful.

Each credit account is created using specific credit terms.

Credit Account creation request supports Idempotency, ensuring that performing multiple identical requests will have the same effect as performing a single request.

Verb	`POST`
Url	`https://api.s.unit.sh/accounts`
Required Scope	`accounts-write`
Data Type	`creditAccount`
Timeout (Seconds)	`5`

Attributes

Name	Type	Description
creditTerms	string	The credit terms that will be associated with the account.
creditLimit	Integer (Cents)	The credit limit of the account.
tags	object	Optional. See Tags.
idempotencyKey	string	Optional. See Idempotency.

Relationships

Name	Type	Description
customer	Required for individual / business accounts. JSON:API Relationship	The customer the credit account belongs to. The customer is either a business or an individual.

Example Request:
curl -X POST 'https://api.s.unit.sh/accounts'
-H 'Content-Type: application/vnd.api+json'
-H 'Authorization: Bearer ${TOKEN}'
--data-raw '{
  "data": {
    "type": "creditAccount",
    "attributes": {
      "creditTerms": "credit_terms_1",
      "creditLimit": 20000,
      "tags": {
        "purpose": "some_purpose"
      },
      "idempotencyKey": "3a1a33be-4e12-4603-9ed0-820922389fb8"
    },
    "relationships": {
      "customer": {
        "data": {
          "type": "customer",
          "id": "45555"
        }
      }
    }
  }
}'

Response

Response is a JSON:API document.

201 Created

Field	Type	Description
data	CreditAccount	The requested resource after the operation was completed.

Example Response:
{
  "data": {
    "type": "creditAccount",
    "id": "42",
    "attributes": {
      "createdAt": "2000-05-11T10:19:30.409Z",
      "name": "Peter Parker",
      "status": "Open",
      "creditTerms": "credit_terms_1",
      "currency": "USD",
      "balance": 10000,
      "hold": 0,
      "available": 10000,
      "tags": {
        "purpose": "some_purpose"
      },
      "creditLimit": 200000
    },
    "relationships": {
      "customer": {
        "data": {
          "type": "customer",
          "id": "45555"
        }
      },
      "org": {
        "data": {
          "type": "org",
          "id": "1"
        }
      }
    }
  }
}

Close Account

Closes an account. Closing an account is irreversible and can only be done by an Org user. An account.closed event is raised when the call was successful.

note

Closing an account will also close the cards associated with the account. Closed accounts cannot accept repayments

Verb	`POST`
Url	`https://api.s.unit.sh/accounts/:accountId/close`
Required Scope	`accounts-write`
Data Type	`creditAccountClose`
Timeout (Seconds)	`5`

Attributes

Name	Type	Description
reason	string	The reason for closing the account. Either `ByCustomer`, `Fraud` or `Overdue`. If not specified, will default to `ByCustomer`.
fraudReason	string	Optional. The expanded fraud reason for closing the account when `Fraud` is specified as the reason. Can be one of: (`ACHActivity`, `CardActivity`, `CheckActivity`, `ApplicationHistory`, `AccountActivity`, `ClientIdentified`, `IdentityTheft`, `LinkedToFraudulentCustomer`).

Response

Response is a JSON:API document.

200 OK

Field	Type	Description
data	CreditAccount	Credit Account resource.

curl -X POST 'https://api.s.unit.sh/accounts/10000/close'
-H 'Content-Type: application/vnd.api+json'
-H 'Authorization: Bearer ${TOKEN}'
--data-raw '{
  "data": {
    "type": "creditAccountClose",
    "attributes": {
      "reason": "Overdue"
    }
  }
}'

Freeze Account

Freezes an account. An account.frozen event is raised when the call was successful. A frozen account behaves like a closed account, with the primary difference being that a frozen state should be temporary, and after evaluation should either be un-frozen, or closed.

note

Freezing an account will also freeze the cards associated with the account.

Verb	`POST`
Url	`https://api.s.unit.sh/accounts/:accountId/freeze`
Required Scope	`accounts-write`
Timeout (Seconds)	`5`

Attributes

Name	Type	Description
reason	string	The reason for closing the account. Either `Fraud` or `Other`, with a specified `reasonText`.
reasonText	string	Optional. The free-text reason for freezing the account (up to 255 characters) when `Other` is specified.

Response

Response is a JSON:API document.

200 OK

Field	Type	Description
data	CreditAccount	Credit Account resource.

curl -X POST 'https://api.s.unit.sh/accounts/10000/freeze'
-H 'Content-Type: application/vnd.api+json'
-H 'Authorization: Bearer ${TOKEN}'
--data-raw '{
  "data": {
    "type": "creditAccountFreeze",
    "attributes": {
      "reason": "Other",
      "reasonText": "Per request from customer"
    }
  }
}'

Unfreeze Account

Unfreezes an account.

note

Unfreezing an account will also unfreeze the cards associated with the account.

Verb	`POST`
Url	`https://api.s.unit.sh/accounts/:accountId/unfreeze`
Required Scope	`accounts-write`
Timeout (Seconds)	`5`

Response

Response is a JSON:API document.

200 OK

Field	Type	Description
data	CreditAccount	Credit Account resource.

curl -X POST 'https://api.s.unit.sh/accounts/10000/unfreeze'
-H 'Content-Type: application/vnd.api+json'
-H 'Authorization: Bearer ${TOKEN}'
--data-raw '{}'

Get by Id

Get a credit account resource by id.

Verb	`GET`
Url	`https://api.s.unit.sh/accounts/{id}`
Required Scope	`accounts`
Timeout (Seconds)	`5`

Query Parameters

Name	Type	Default	Description
include	string	(empty)	Optional. Related resource available to include: `customer`. See Getting Related Resources

Response

Response is a JSON:API document.

200 OK

Field	Type	Description
data	CreditAccount	Credit Account resource.
included	Array of Customer	Array of resources requested by the `include` query parameter.

curl -X GET 'https://api.s.unit.sh/accounts/42' \
-H "Authorization: Bearer ${TOKEN}"

List

Listing credit accounts is similar to listing deposit accounts, with a specific account type filter (see below)

Verb	`GET`
Url	`https://api.s.unit.sh/accounts`
Required Scope	`accounts`
Timeout (Seconds)	`5`

Query Parameters

Name	Type	Default	Description
page[limit]	integer	100	Optional. Maximum number of resources that will be returned. Maximum is 1000 resources. See Pagination.
page[offset]	integer	0	Optional. Number of resources to skip. See Pagination.
filter[customerId]	string	(empty)	Optional. Filters the results by the specified customer id.
filter[tags]	Tags (JSON)	(empty)	Optional. Filter Accounts by Tags.
filter[status]	string	Authorized	Optional. Filter Account by its status (`Open`, `Frozen`, or `Closed`). Usage example: filter[status][0]=Closed
filter[fromBalance]	Integer	(empty)	Optional. Filters Accounts that have balance higher or equal to the specified amount (in cents). e.g. `5000`
filter[toBalance]	Integer	(empty)	Optional. Filters Accounts that have balance lower or equal to the specified amount (in cents). e.g. `7000`
filter[type]	string	(empty)	Optional. Filters Accounts by type. Valid values are `deposit` or `credit`.
include	string	(empty)	Optional. Related resource available to include: `customer`. See Getting Related Resources

curl -X GET 'https://api.s.unit.sh/accounts?page[limit]=20&page[offset]=10&filter[type]=credit' \
-H "Authorization: Bearer ${TOKEN}"

Response

Response is a JSON:API document.

200 OK

Field	Type	Description
data	Array of DepositAccount or CreditAccount	Array of account resources.
included	Array of Customer	Array of resources requested by the `include` query parameter.

Example Response:
{
  "data": [
    {
      "type": "depositAccount",
      "id": "42",
      "attributes": {
        "createdAt": "2000-05-11T10:19:30.409Z",
        "name": "Peter Parker",
        "status": "Open",
        "depositProduct": "checking",
        "routingNumber": "812345678",
        "accountNumber": "1000000002",
        "currency": "USD",
        "balance": 10000,
        "hold": 0,
        "available": 10000,
        "tags": {
          "purpose": "tax"
        }
      },
      "relationships": {
        "customer": {
          "data": {
            "type": "customer",
            "id": "45555"
          }
        }
      }
    }
  ]
}

Update

Update a credit account.

Verb	`PATCH`
Url	`https://api.s.unit.sh/accounts/:accountId`
Data Type	`creditAccount`
Timeout (Seconds)	`5`

Attributes

Name	Type	Description
tags	object	Optional. See Updating Tags.
creditLimit	Integer (Cents)	Optional. The credit limit of the account.

curl -X PATCH 'https://api.s.unit.sh/accounts/42'
-H 'Content-Type: application/vnd.api+json'
-H 'Authorization: Bearer ${TOKEN}'
--data-raw '{
  "data": {
    "type": "creditAccount",
    "attributes": {
      "tags": {
        "newTag": "New tag value"
      }
    }
  }
}'

Response

Response is a JSON:API document.

200 OK

Field	Type	Description
data	CreditAccount	Credit Account resource.

Example Response:
{
  "data": {
    "type": "creditAccount",
    "id": "42",
    "attributes": {
      "createdAt": "2000-05-11T10:19:30.409Z",
      "name": "Peter Parker",
      "status": "Open",
      "creditTerms": "credit_terms_1",
      "currency": "USD",
      "balance": 10000,
      "hold": 0,
      "available": 10000,
      "tags": {
        "purpose": "Tax",
        "newTag": "New tag value"
      },
      "creditLimit": 200000
    },
    "relationships": {
      "customer": {
        "data": {
          "type": "customer",
          "id": "45555"
        }
      }
    }
  }
}

Limits

Verb	`GET`
Url	`https://api.s.unit.sh/accounts/:accountId/limits`
Timeout (Seconds)	`5`

curl -X GET 'https://api.s.unit.sh/accounts/10104/limits' \
-H "Authorization: Bearer ${TOKEN}"

Some monetary transactions (such as originating ACH payments) are subject to daily and/or monthly amount limits that are defined on the account level. You can read more about the account limits on our limits guide. Note that credit accounts do not support withdrawals.

The response to this API call includes the defined limits, as well as the current total amounts on each transaction type (under the totalsDaily and totalsMonthly fields), in cents.

note

The daily limits reset at 12:00 a.m. on the timezone of relevant bank. The monthly limits are reset at the same time on the first of each month.

{
  "data": {
    "type": "creditLimits",
    "id": "10014",
    "attributes": {
      "card": {
        "limits": {
          "dailyWithdrawal": 0,
          "dailyDeposit": 0,
          "dailyPurchase": 500000,
          "dailyCardTransaction": 0
        },
        "totalsDaily": {
          "withdrawals": 0,
          "deposits": 0,
          "purchases": 12500,
          "cardTransactions": 0
        }
      }
    }
  }
}

Get Account Balance History

List account end-of-day balances history (filtering and paging can be applied).

The account balance history can be used to provide the customer with an overview of their balance across account(s) over time in a visually engaging way, providing insights and creating custom product features around it.

note

The typical cutoff time (end-of-day) is 7PM, but may vary between banks. The exact time and timezone are determined by the partner bank you work with.

Verb	`GET`
Url	`https://api.s.unit.sh/account-end-of-day`
Required Scope	`account-end-of-day`
Timeout (Seconds)	`5`

Query Parameters

Name	Type	Default	Description
page[limit]	integer	100	Optional. Maximum number of resources that will be returned. Maximum is 1000 resources.
page[offset]	integer	0	Optional. Number of resources to skip.
filter[accountId]	string	(empty)	Optional. Filters the results by the specified account id.
filter[customerId]	string	(empty)	Optional. Filters the results by the specified customer id.
filter[since]	ISO Local Date string	(empty)	Optional. Filters the account end-of-day balances after the specified date. e.g. `2021-06-01`
filter[until]	ISO Local Date string	(empty)	Optional. Filters the account end-of-day balances before the specified date. e.g. `2021-07-01`

curl -X GET 'https://api.s.unit.sh/account-end-of-day?page[limit]=10&page[offset]=0&filter[customerId]=10000&filter[accountId]=30317&filter[since]=2020-10-11&filter[until]=2021-10-13' \
-H "Authorization: Bearer ${TOKEN}"

Response

Response is a JSON:API document.

200 OK

Field	Type	Description
data	Array of Account End-Of-Day	Array of account end-of-day resources.
meta	JSON object that contains pagination data	Pagination data includes offset, limit and total (estimated total items).

Example Response:
{
  "data": [
    {
      "type": "accountEndOfDay",
      "id": "4925158",
      "attributes": {
        "date": "2021-07-10",
        "balance": 1000,
        "available": 500,
        "hold": 500
      },
      "relationships": {
        "customer": {
          "data": {
            "type": "customer",
            "id": "10000"
          }
        },
        "account": {
          "data": {
            "type": "account",
            "id": "30317"
          }
        }
      }
    },
    {
      "type": "accountEndOfDay",
      "id": "4925158",
      "attributes": {
        "date": "2021-07-11",
        "balance": 1000,
        "available": 500,
        "hold": 500
      },
      "relationships": {
        "customer": {
          "data": {
            "type": "customer",
            "id": "10000"
          }
        },
        "account": {
          "data": {
            "type": "account",
            "id": "30317"
          }
        }
      }
    }
  ],
  "meta": {
    "pagination": {
      "total": 12,
      "limit": 2,
      "offset": 0
    }
  }
}

Repayment Information

Verb	`GET`
Url	`https://api.s.unit.sh/accounts/:accountId/repayment-information`
Timeout (Seconds)	`5`

curl -X GET 'https://api.s.unit.sh/accounts/10104/repayment-information' \
-H "Authorization: Bearer ${TOKEN}"

The response to this API call includes the current repayment information, in cents.

{
  "data": {
    "type": "creditAccountRepaymentInformation",
    "attributes": {
      "remainingAmountDue": 10000,
      "remainingAmountOverdue": 2000,
      "initiatedRepayments": 100,
      "statementPeriodStart": "2023-07-01",
      "statementPeriodEnd": "2023-07-31",
      "nextRepaymentDueDate": "2023-08-13"
    }
  }
}

Credit Accounts

Credit Terms​

Create Credit Account​

Attributes​

Relationships​

Response​

201 Created​

Close Account​

Attributes​

Response​

200 OK​

Freeze Account​

Attributes​

Response​

200 OK​

Unfreeze Account​

Response​

200 OK​

Get by Id​

Query Parameters​

Response​

200 OK​

List​

Query Parameters​

Response​

200 OK​

Update​

Attributes​

Response​

200 OK​

Limits​

Get Account Balance History​

Query Parameters​

Response​

200 OK​

Repayment Information​

Credit Terms

Create Credit Account

Attributes

Relationships

Response

201 Created

Close Account

Attributes

Response

200 OK

Freeze Account

Attributes

Response

200 OK

Unfreeze Account

Response

200 OK

Get by Id

Query Parameters

Response

200 OK

List

Query Parameters

Response

200 OK

Update

Attributes

Response

200 OK

Limits

Get Account Balance History

Query Parameters

Response

200 OK

Repayment Information