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### Manage B2B payments and optimize capital.
A product manager at a B2B payments platform is looking for a bank partner that provides an efficient and cost-effective way to manage payments. By partnering with U.S. Bank, the B2B payments platform can use the FBO account solution to optimize capital, manage B2B vendor payments and collect payments for their customers.

### Manage healthcare customer payments.
Payments processing in the healthcare industry is complex, and a product manager for a payments platform is looking for a partner to assist in their healthcare payments. By partnering with U.S. Bank, the payments platform can use the FBO account solution to manage customer payments in a safe and secure environment.

### Manage insurance claim disbursements.
A payments company with a unified payments platform for insurance companies wants to process digital payments for premiums and claims, and is looking for a bank partner to help manage insurance payments. The payments company partners with U.S. Bank and uses the FBO account solution to securely process claim disbursements for their customers.

Example use cases

The FBO Account Solution bundles the ACH Originations, Account Validation, RTP® – Real-Time Payments, Corporate Account Information, Corporate Onboarding, Virtual Account Reporting and Wire Transfers APIs into one implementation. If you implement the APIs in this bundle individually, you must complete the standard implementation for each API.

[1] Deposit products offered by U.S. Bank National Association. Member FDIC. Products and services may be subject to credit approval. Eligibility requirements, restrictions and fees may apply. ©2024 U.S. Bank CR-26896235
[2] RTP® is a registered service mark of The Clearing House Payments Company L.L.C.

©2024 U.S. Bank. All trademarks are the property of their respective owners.

Requirements

Explore U.S. Bank FBO Account bundle

Power your customers’ money transfer needs securely and efficiently with a bundle of APIs you can onboard in a single integration. This API is limited to qualified partners.

U.S. Bank FBO Account

The U.S. Bank FBO Account [1] bundle is best suited for payment platforms that partner with U.S. Bank in the For-Benefit-Of (FBO) program. Your customers want to be able to do everything in one place, including making and receiving payments. You can give your customers the full payments experience within your own, proprietary technology platform, allowing you to facilitate money movement without taking ownership of funds.


Overview

Whether sending or receiving payments, your customers can have a robust suite of payment offerings with the APIs listed below.
### ACH Originations
Enable partner applications to securely originate same-day, standard ACH payment (credit) or collection (debit) requests.
* Originate domestic ACH payments or collections.
* Send originated ACH transactions at standard or same-day speeds.
* Receive timely confirmation on ACH origination requests.
[Learn more about ACH Originations](/products/ach-originations/v1)
### Account Validation
Validate account information to process a payment.
* Initiate an inquiry.
* Access the National Shared Database Resource.
* Use one of three account validation responses.
[Learn more about Account Validation](/products/account-validation/v1)
### Corporate Account Information
Instantly access company bank account balances, transactions and statements.
* Retrieve lists of company deposit and credit card accounts.
* Collect detailed account balances for current day and previous day, with collection capability of up to 50 accounts at a time. Balance information includes an available balance, ledger balance and collected balances for previous and current day.
* Receive transactions data for an account on a current day and previous day basis. Historical transactions are available up to 30 days with options for an additional retention period of 12 or 24 months.
[Learn more about Corporate Account Information](/products/corporate-account-information/v2)
### Corporate Onboarding
Automate the U.S. Bank client’s end customer virtual account opening process. This API is only available for U.S. Bank FBO partners.
* Submit onboarding data and receive an OnboardingID that can be used to track your virtual account opening status and retrieve virtual account details.
* Retrieve end-to-end onboarding status and virtual account details, such as virtual account name and virtual account number, using OnboardingID.
[Learn more about Corporate Onboarding](/products/corporate-onboarding/v1)
### RTP® – Real-Time Payments The RTP® (Real-Time Payments)
API allows applications to initiate and manage real-time payment messages through The Clearing House (TCH) RTP® network securely and instantly.
* Send transfers 24 hours a day, 7 days a week, 365 days a year.
* Initiate and manage real-time clearing and settlement of invoices.
* Subscribe to receive notifications via webhooks for specific events.
[Learn more about RTP® – Real-Time Payments](/products/rtp-real-time-payments/v2)
### Virtual Account Reporting
Automate the reconciliation and reporting needs of your U.S. Bank customer’s virtual accounts. This API is only available for U.S. Bank FBO partners.
* Enable client applications to retrieve a list of virtual accounts associated with specific, physical DDAs.
* Retrieve details and balances of virtual accounts by entering the associated virtual account number.
* Retrieve all transactions by using the virtual account number and filtering the transactions by transaction date.
[Learn more about Virtual Account Reporting](/products/virtual-account-reporting/v1)
### Virtual Card Payments
Create and manage virtual card payments for commercial card programs directly from your application.
* Create, cancel and close virtual card payments.
* Manage credit limit, payment expiration and Precise Pay (exact match) security controls to prevent unwanted charges.
* Modify payment parameters, including credit limit, payment start and expiration dates, supplier email and custom attributes for a given virtual card.
[Learn more about Virtual Card Payments](/products/virtual-card-payments/v1)
### Wire Transfers
Enable client and partner applications to initiate and retrieve details of domestic and international wire transfers.
* Initiate a wire transfer.
* Check transaction details and status.
* Evaluate Wire Transfers API features in a sandbox environment by adding it to a project.
[Learn more about Wire Transfers](/products/wire-transfers/v1)


Features

The U.S. Bank-owned FBO Account uses the U.S. Bank name and charter. U.S. Bank houses the primary account and provides a virtual sub-ledger through virtual accounts, so you can keep track of your individual customer’s funds movement and balances easily. U.S. Bank enables you to have payments embedded into your platform in a way that maintains regulatory compliance.

![U.S. Bank FBO Account - workflow](/content/dam/developer-portal-solutions/en-us/usbank/media/images/products/u-s-bank-fbo-account/us-bank-fbo-account-workflow.png)

Workflow

Accounts

Bank Holidays

Card Activation

Card Controls

Credit Card Account Details

Credit Card Accounts Overview

Credit Card Alerts

Credit Card Application Status

Credit Card APRs

Credit Card Disputes

Credit Card Payments

Credit Card Qualified Offers

Credit Card Statements

Credit Card Transactions

Data Sharing for Marketing Purposes

Digital Wallets

Make a Payment - Coming Soon

Rewards Accelerator

Rewards Automatic Redemption

Rewards Balance Summary

Rewards Redemption Coming Soon

Rewards Redemption Accounts

Rewards Transactions Earned and Redeemed

Travel Notifications

User Profile

Virtual Card Payments

3DSecure2

Avvance

Commerce SDK

Converge

Disputes Management

Dynamic Currency Conversion

eBoarding

Fusebox

In Person Payments on Opayo

Leads

Online Payments on Opayo

Opayo

Opayo Direct

Opayo Forms

Opayo Reporting API

Opayo Server

Opayo Shared API

Payment Method Gateway

Payments Core 365

Simplify

viaconex

Access Online Transactions

Account Transfers

Account Validation

ACH Originations

Bank Information

Card as a Service

Check Payables

Corporate Account Information

Corporate Credit Cards

Corporate Onboarding

Corporate Statements

Custody

Data Toolbox

Data Toolbox - Accounts

Data Toolbox - Documents

Data Toolbox - Transactions

Disbursements via Zelle

U.S. Bank Flexible Capital Platform

Freight Payment Customer Profiles

Freight Payment Transactions

Instant payments

PaySmart

Payee Choice

Payee Token+

Personal Loans

Positive Pay

Push to Card

Receivables

RTP - Credit Transfer Message

RTP® - Real-Time Payments

RTP Request for Payment

Tokenized Payments

Treasury Builder

Virtual Account Reporting

Voyager Accounts

Voyager Cards

Voyager Drivers

Voyager Transactions

Voyager Vehicles

Wire Transfers

Security guide

Release notes

Overview

Features

Workflow

PREVIOUS VERSIONS

Product Documents

Example use cases

Requirements