Account movements
An account movement transfers funds between Vitesse accounts by moving balance from a source account to a destination account. The movement is recorded as entries on both accounts, providing a complete audit trail.
Account movements are processed entirely within the Vitesse platform and do not involve banking networks or external payments.
You can perform account movements using Vitesse online, MAS, or the Transaction API.
Controls and approvals
Account movements follow the same access controls as other financial actions:
- Roles determine who can create or approve movements
- Approval workflows may apply before processing
- All actions are recorded in audit logs
Following an approval process is considered best practice for account movements.
Account movement workflow
Account movements require approval before Vitesse transfers funds between accounts. For Transaction API integrations, you must validate the account movement after creating it and before approving it.
Account movement statuses
| Status | Description |
|---|---|
Pending | Awaiting approval or cancellation. |
Approved | Vitesse is processing the account movement. |
Completed | Funds transferred between the accounts. |
Cancelled | The account movement was withdrawn. No funds will be transferred between the accounts. |
Expired | The account movement expired before approval. |
Updated about 1 month ago