Modern Treasury integrates with Cross River Bank's Customer Management APIs. This guide describes capabilities and limitations of sending Legal Entity data to Cross River Bank.

Note: This is not supported in our sandbox environment

Required Fields

Type	Notes
Risk Rating	One of: `low`, `medium`, `high`. Maps to `risk_rating` on Legal Entity. Default value: `low` will be sent to Cross River if not set.
Address Classification	Maps from the first value of `address_types` on Legal Entity Address. Maps to CRB Address Classification as follows: `residential` -> `Residential` `business` -> `Business` `po_box` -> `PoBox` `other` -> `Other` `mailing` -> `Other` Currently these values at CRB are not supported: `Rural`, `Military`.
Address Type	Maps from the first value of `address_types` on Legal Entity Address. Maps to CRB Address Type as follows: `residential` -> `Home` `business` -> `Work` `po_box` -> `Other` `other` -> `Other` `mailing` -> `Other`

Type

Notes

Risk Rating

One of: low, medium, high.

Maps to risk_rating on Legal Entity. Default value: low will be sent to Cross River if not set.

Address Classification

Maps from the first value of address_types on Legal Entity Address. Maps to CRB Address Classification as follows:
residential -> Residential
business -> Business
po_box -> PoBox
other -> Other
mailing -> Other

Currently these values at CRB are not supported: Rural, Military.

Address Type

Maps from the first value of address_types on Legal Entity Address. Maps to CRB Address Type as follows:
residential -> Home
business -> Work
po_box -> Other
other -> Other
mailing -> Other

Other Supported Fields

Modern Treasury supports additional fields through the bank_settings and wealth_and_employment_details fields on the Legal Entity model.

bank_settings

Field Name	Description
`enable_backup_withholding`	Whether backup withholding is enabled. See more here - https://www.irs.gov/businesses/small-businesses-self-employed/backup-withholding
`backup_withholding_percentage`	The percentage of backup withholding to apply to the legal entity.
`privacy_opt_out`	Cross River Bank specific setting to opt out of privacy policy.
`regulation_o`	It covers, among other types of insider loans, extensions of credit by a member bank to an executive officer, director, or principal shareholder of the member bank; a bank holding company of which the member bank is a subsidiary; and any other subsidiary of that bank holding company.

wealth_and_employment_details

Field Name	Description
`employment_status`	The employment status of the individual. Possible values: `employed`, `retired`, `self_employed`, `student`, `unemployed`
`occupation`	The occupation of the individual's employment. Possible values: `consulting`, `executive`, `finance_accounting`, `food_services`, `government`, `healthcare`, `legal_services`, `manufacturing`, `other`, `sales`, `science_engineering`, `technology`
`industry`	The industry of the individual's employment. Possible values: `accounting`, `agriculture`, `automotive`, `chemical_manufacturing`, `construction`, `educational_medical`, `food_service`, `finance`, `gasoline`, `health_stores`, `laundry`, `maintenance`, `manufacturing`, `merchant_wholesale`, `mining`, `performing_arts`, `professional_non_legal`, `public_administration`, `publishing`, `real_estate`, `recreation_gambling`, `religious_charity`, `rental_services`, `retail_clothing`, `retail_electronics`, `retail_food`, `retail_furnishing`, `retail_home`, `retail_non_store`, `retail_sporting`, `transportation`, `travel`, `utilities`
`income_source`	The source of the individual's income. Possible values: `family_support`, `government_benefits`, `inheritance`, `investments`, `rental_income`, `retirement`, `salary`, `self_employed`
`income_state`	The state in which the individual's income is earned.
`income_country`	The ISO 3166-1 alpha-2 country code in which the individual's income is earned.
`employer_name`	The name of the employer.
`employer_state`	The state in which the employer is located.
`employer_country`	The ISO 3166-1 alpha-2 country code in which the employer is located.
`source_of_funds`	The source of the individual's funds. Possible values: `alimony`, `annuity`, `business_owner`, `general_employee`, `government_benefits`, `homemaker`, `inheritance_gift`, `investment`, `legal_settlement`, `lottery`, `real_estate`, `retired`, `retirement`, `salary`, `self_employed`, `senior_executive`, `trust_income`
`wealth_source`	The source of the individual's wealth. Possible values: `business_sale`, `family_support`, `government_benefits`, `inheritance`, `investments`, `other`, `rental_income`, `retirement`, `salary`, `self_employed`
`annual_income`	The annual income of the individual.

Field Support Exceptions

Modern Treasury supports accepting most required and conditional fields by Cross River Bank, with the exception of the following fields:

Individuals

Type	Fields Not Supported
Identifications	ITIN, Driver's License, and ID card

Businesses

Type	Fields Not Supported
Identifications	VAT
Classification	Fields used to classify a business, such as NAICS code or merchant category code

Workflow Support Exceptions

Type	Notes
Status	Modern Treasury does not support passing back information about various statuses at Cross River Bank, including the status, OFAC, pepScan, and internalList fields. These fields may be set during customer onboarding or later.