What are virtual accounts?
Give every customer their own account number on one real account — so inbound money self-attributes.
A virtual account is a unique account and routing number that maps to a single underlying bank account. You can issue many of them — one per customer, per invoice, per tenant — so that money arriving to a given number is automatically attributed to the right party.
The problem they solve
When every customer pays into one pooled account, you're left matching inbound deposits to customers by hand — a memo field, a spreadsheet, a guess. Virtual accounts move that attribution to the rail: the number the money arrived on is the identity.
One relationship, many endpoints
Virtual accounts give you many addressable endpoints on one banking relationship — the operational benefit of separate accounts without the overhead of opening them.
On DigitalTreasury
Issue virtual accounts so inbound funds land already mapped to a tenant or customer, then post straight to the ledger — no manual reconciliation step in between.
What is an FBO account?
One bank account, many customers' money — held for their benefit and reconciled to the penny.
What is payment reconciliation?
Making your books and the bank agree — and why the best reconciliation is the kind you never run.
Double-entry accounting for software platforms
Why the 500-year-old accounting model is exactly right for a modern payments ledger.