Creating New Accounts (and Nicknames) in Holdings

To add a new bank account in Holdings, go to the Accounts section inside your existing Holdings profile and create an additional account (sometimes called a subaccount) under the same customer entity—not a brand‑new customer. You can give each new account a custom nickname so it’s clear what it’s used for (taxes, payroll, projects, etc.).

What new accounts are

  • A new account is an additional bank account within your existing Holdings customer, not a separate signup or application.

  • You can create as many accounts as you need to separate programs, projects, reserves, or revenue streams while staying under the same legal entity and tax ID.

Where accounts live (entities)

  • All new accounts are opened under the entity that owns your Holdings profile (for example, your LLC, nonprofit, or company).

  • If your organization has multiple entities in Holdings, make sure you’re signed into the correct entity before adding the account so balances, statements, and tax reporting stay aligned.

How to add a new account

  • From your Activity view, click Accounts in the left navigation, then select the Add button in the Accounts section.

  • In the “Create a new Holdings account” screen, enter the account name, review the account details, and click Create Account to finish.

Nicknaming your accounts

  • Use the Account Name field to give each account a clear nickname (for example, “Operating,” “Spending,” “Taxes,” or “Marketing Fund”) so your team can see purpose at a glance.

  • You can update nicknames later from the Accounts view, which helps keep reporting, internal controls, and Holdings Accounting categories organized as your business grows.

After you create the account

  • Your new account will appear alongside your existing Operating and Spending accounts, with its own balance, transactions, and documents like statements and verification letters.

  • You can fund it, move money between your Holdings accounts instantly, and attach physical or virtual cards to the appropriate account for day‑to‑day spending.