Adding Cash Account

How to add and manage a bank account for your deal's capital operations on Allocations

The Cash Accounts section allows users to link bank accounts or crypto wallets to their identities.

These accounts are used for:

• Receiving distributions

• Processing redemptions

• Receiving return of capital

• Handling exit proceeds

To access this page:

1. Go to Cash Accounts from the left sidebar.

2. Select the identity for which you want to add or manage a cash account.

Manage Cash Accounts

The page is divided into two sections:

• Select Identity (Left panel)

• Cash Account Details (Right panel)

Select Identity

On the left side, all available identities are listed.

Each identity shows:

• Name

• Identity Type (Individual or Entity)

• Entity Type (if applicable)

• Country (if available)

Click on the identity to add or update cash account details.

Cash Account Types

Cash accounts can be added under two categories:

1. Crypto

2. Banking (Fiat)

Crypto Account

Under the Crypto section, users can add a wallet for stablecoin distributions.

Required Fields:

• Asset Type (USDC or USDT)

• Network (e.g., Ethereum Mainnet)

• Wallet Address

Ensure that:

• The selected asset matches the intended distribution currency.

• The network is correct (incorrect networks may result in loss of funds).

• The wallet address is accurate.

After entering the details, click Update Crypto Account to save.

Banking (Fiat) Account

Under the Banking section, users can add a traditional bank account.

Required Fields:

• Asset Type (USD)

• Type of Bank Account (Domestic US or International)

• Method (ACH or Wire)

Account Details

Users must enter:

• Account Number

• Routing Number (for domestic accounts)

• Bank Name

• Bank Address

• Beneficiary Name

• Beneficiary Address

• Beneficiary Phone Number

• Memo (Optional)

All information must match official bank records to prevent transfer failures.

Domestic vs International

Domestic US

• Typically requires Routing Number

• Supports ACH or Wire

International

• May require SWIFT/BIC codes

• Wire transfers are typically used

Saving Cash Account

After completing all required fields:

1. Click Save Banking Account.

2. The account will be linked to the selected identity.

An identity can have multiple cash accounts if needed.

Important Notes

• Cash accounts are identity-specific.

• Distribution payments will be sent to the selected cash account.

• Incorrect banking or wallet details may result in delays or failed transfers.

• Crypto accounts must match the network used for distribution.