Operating Accounts (DDA)

Operating accounts are business bank accounts owned by your legal entity, used for day-to-day money movement and treasury operations. Use them to receive funds, pay vendors, run payroll, settle balances, and manage your operating float across USD, EUR, and GBP. Each account is provisioned with the rail-specific payment details for its currency (ACH routing and account number for USD, IBAN for EUR, sort code and account number for GBP) and exposes the same account model, controls, and reporting across currencies.

USD

ACH, FedWire, FedNow with US ABA routing and account number.

EUR

SEPA Credit Transfer and SEPA Instant with a dedicated IBAN.

GBP

Faster Payments with UK sort code and account number.

USD operating accounts

USD operating accounts are business bank accounts for day-to-day money movement and treasury operations. They are owned by you and can be used for activities like receiving funds, paying vendors, payroll, settlement, treasury, and managing operating balances. Key capabilities:

Send and receive third-party payments over supported US rails
Hold customer-owned operating funds in the business’s legal entity name
Support account lifecycle controls: active, frozen, and closed
Provide transaction and balance reporting, including statements and account summaries
Support internal transfers between accounts issued within the platform
Support eligible interest-bearing configurations, with daily accrual and monthly payout

EUR and GBP accounts

EUR and GBP accounts include the core payment-account features needed for day-to-day operations and compliance in European payment flows. They follow the same general account model used for USD business payment accounts, with support for account controls, reporting, and transfers. Existing features include:

Account states and closure handling.
Freeze and operational restriction controls.
Internal book transfers between accounts.
Hold accounts with multiple underlying banks for redundancy
Transaction reporting and statement export foundations.
DE, NL, and GB IBANs.

Status model

Operating accounts share the same status model used across Augustus accounts.

Status	Behavior
`pending`	Newly opened, not yet activated. Augustus typically activates within minutes. Some accounts require additional information (e.g. enhanced due diligence) before activation.
`active`	Normal. Pay-ins and payouts allowed.
`frozen`	No pay-ins or payouts. Reversible, call `/unfreeze` to return to `active`.
`closed`	Terminal. The account must be `frozen` first, then closed. Cannot be reopened, open a new account if the holder needs one again.

Integration

All operating account endpoints sit under the v1/accounts/* namespace and follow the same auth, error, and pagination conventions as the rest of the v1 API.

Sandbox. All operating account flows are available in test mode with simulated rail movements. See Test Mode.

List accounts

2026-05-01

import Augustus from '@augustusbank/typescript-sdk'

const client = new Augustus()
for await (const account of client.accounts.list()) {
  // process account
}

GET /v1/accounts in the API Reference →

Retrieve an account

2026-05-01

import Augustus from '@augustusbank/typescript-sdk'

const client = new Augustus()
const account = await client.accounts.retrieve('acc_01HXYZ...')

GET /v1/accounts/{id} in the API Reference →

Retrieve a balance

2026-05-01

import Augustus from '@augustusbank/typescript-sdk'

const client = new Augustus()
const balance = await client.accounts.retrieveBalance('acc_01HXYZ...')

GET /v1/accounts/{id}/balance in the API Reference →

Internal transfers

Move funds between two accounts issued on the same provider with an internal book transfer. Internal transfers settle instantly and do not touch external rails.

Reporting

Every operating account exposes:

Real-time balances (available and pending).
Transaction history via the API, CSV export, and PDF statements. See Reports.

Basics

Accounts

Incoming Payments

Outgoing Payments

On- / Off-Ramp

Loans

Operating Accounts (DDA)

USD

EUR

GBP

USD operating accounts

EUR and GBP accounts

Status model

Integration

List accounts

Retrieve an account

Retrieve a balance

Internal transfers

Reporting

USD

EUR

GBP

​USD operating accounts

​EUR and GBP accounts

​Status model

​Integration

​List accounts

​Retrieve an account

​Retrieve a balance

​Internal transfers

​Reporting

USD operating accounts

EUR and GBP accounts

Status model

Integration

List accounts

Retrieve an account

Retrieve a balance

Internal transfers

Reporting