At the heart of Anchor sits the Core API. It manages fundamental banking functions such as customer onboarding, account management, and transaction activity.
Your first step on the journey to build a financial product in Anchor begins here.
Before an account can be opened, a customer record must be established for the end-user. This is where details such as name, BVN, address and other contact information can be provided.
Our API allows organisations the ability to open and manage bank accounts, such as Savings and Current accounts. These are also referred to as Accounts.
Our API allows organisation to create reserved and dynamic virtual account numbers(VANs) to receive bank transfer from their customers.
Learn how to send money with Anchor.
Each time money moves between two accounts, a transaction record is created.
Each deposit account will receive a monthly statement of activity.
Products are what drive configuration for accounts opened under them. Most of the time you will only have one or two product, however it is possible to have many products under your organisation.