Update Escrow Account

This method is used to update a particular virtual escrow financial account in Transact API. The Offering ID is required as a request parameter for the update to take place.

Request Method : POST

Request Parameters

Parameter Required Type Description
clientID yes string Transact API Client ID
developerAPIKey yes string Transact API Developer Key
offeringId yes integer Offering ID that is generated by the API when an Offering is created(createOffering).
idNumber no string Bank ID
bankName no string The Custodian Name
escrowAccountNumber no string The Offering Account Number
routingNumber no string Bank Routing Number
accountType no string Bank Account Type
accountFullName no string The Offering Account Full Name
requestid no string The Issuer's Account Request ID
overfundingamount no integer The Over funding amount

Sample Request

curl -k -X POST https://api.norcapsecurities.com/tapiv3/index.php/v3/updateEscrowAccount
-d developerAPIKey=somedeveloperkey
-d clientID=someclientid
-d offeringId=3212679
-d bankName=Bank of America
-d over funding amount=23000
-d accountFullName=JOHN SMITH

Response Parameters

Parameter Type Description
statusCode string API Status Code
statusDesc string API Status Description
offeringId integer ID for the Offering
escrowAccountStatus string Status of escrow like pending, approved, denied

Sample Response

   "statusCode": "101",
   "statusDesc": "Ok",
                "offeringId": "59663",
                "escrowAccountStatus": "approved"
Click on the "Test it yourself" button to see how it works
Click on the "Error Codes" button to see list of error codes

Custodial Account