Customers can be associated with other

accounts through the use of an Account Object’s ‘Stakeholder’s’ field which provides the ability to

associate multiple customers to a single account, for example Joint Savings Accounts



All accounts on Vault are backed by one Smart Contract. An account captures monetary value that a

customer holds along with a collection of metadata such as Opening date , Stakeholders , Instance

Parameter Values , Linked Payment Devices and Account Details field, this allows for unstructured data

in a key:string value format



Not all parts of an account’s data structure can be updated in a synchronous fashion, this is because

some updates to the account entity will require code to be run in the Smart Contract. We model this

using the Account Updates Endpoint to make such changes to the account data. A single account may

have no account updates made, for example if it’s a new account. However there is no limit to the

number of account updates on a single account.

Notes :

We can create products like Current Accounts in any version of Vault as capability is version agnostic