3. Create a Counterparty

Let's onboard your first counterparty. For the purpose of this example, we can assume you are trying to send them money over ACH.

For more examples, see the section on Counterparty Example Requests.

curl --request POST \
  -u ORGANIZATION_ID:API_KEY \
  --url https://app.moderntreasury.com/api/counterparties \
  -H 'Content-Type: application/json' \
  -d '{
    "name": "Kenner, Bach and Ledeen",
    "accounts": [
      {
        "account_type": "checking",
        "routing_details": [
          {
            "routing_number_type": "aba",
            "routing_number": "121141822"
          }
        ],
        "account_details": [
          {
            "account_number": "123456789"
          }
        ]
      }
    ]
  }'

from modern_treasury import ModernTreasury

modern_treasury = ModernTreasury(
  # defaults to os.environ.get("MODERN_TREASURY_API_KEY")
  api_key="my-api-key",
  organization_id="my-organization-id",
)

counterparty = modern_treasury.counterparties.create(
    name="Kenner, Bach and Ledeen",
    accounts=[
        {
            "account_type": "checking",
            "routing_details": [
                {"routing_number_type": "aba", "routing_number": "121141822"}
            ],
            "account_details": [{"account_number": "123456789"}],
        }
    ],
)

import ModernTreasury from 'modern-treasury';

const modernTreasury = new ModernTreasury({
  apiKey: 'your-api-key', // defaults to process.env["MODERN_TREASURY_API_KEY"]
  organizationId: 'your-organization-id',
});

async function main() {
  const counterparty = await modernTreasury.counterparties.create({
    "name": "Kenner, Bach and Ledeen",
    "accounts": [
      {
        "account_type": "checking",
        "routing_details": [
          {
            "routing_number_type": "aba",
            "routing_number": "121141822"
          }
        ],
        "account_details": [
          {
            "account_number": "123456789"
          }
        ]
      }
    ]
  });
  
  console.log(counterparty.accounts[0].id);
}

main().catch(console.error);

Note that the response returns a new Counterparty object with 1 attached external account. You will need the ID of the external account (5acec2ef-987b-4260-aa97-b719eeb0a8d5) for the next step.

{
  "id":"37ba4454-dd33-4aa0-8906-0e2e4103e45c",
  "object": "counterparty",
  "name": "Kenner, Bach and Ledeen",
  "email": null,
  "send_remittance_advice": false,
  "metadata": {},
  "accounts": [
    {
      "id":"5acec2ef-987b-4260-aa97-b719eeb0a8d5",
      "object": "external_account",
      "account_type":"checking",
      "party_name": "Kenner, Bach and Ledeen",
      "party_type": null,
      "party_address": null,
      "account_details": [
        {
          "id":" 81a7cd32-39f5-4f0c-873f-4d9137ec9cd9",
          "object": "account_detail",
          "account_number_safe": "6789",
          "account_number_type": "other",
          "live_mode": true,
          "created_at": "2019-11-09T00:11:07Z",
          "updated_at": "2019-11-09T00:11:07Z"
        }
      ],
      "routing_details": [
        {
          "id":"5ceb251f-0235-48a2-81cb-0c668f5ee81b",
          "object": "routing_detail",
          "payment_type": null,
          "routing_number": "121141822",
          "routing_number_type": "aba",
          "bank_name": "BANK OF AMERICA CALIFORNIA, NA",
          "bank_address": {
            "id": "2f1e12dd-de80-44aa-92cd-f0e4101b8e54",
            "object": "address",
            "line1": "PO BOX 27025",
            "line2": null,
            "locality": "RICHMOND",
            "region": "VA",
            "postal_code": "23261-7025",
            "country": "US",
            "live_mode": true,
            "created_at": "2019-11-09T00:11:07Z",
            "updated_at": "2019-11-09T00:11:07Z"
          },
          "live_mode": true,      
          "created_at": "2019-11-09T00:11:07Z",
          "updated_at": "2019-11-09T00:11:07Z"
        }
      ],
      "created_at": "2019-11-09T00:11:07Z",
      "updated_at": "2019-11-09T00:11:07Z"
    }
  ],
  "live_mode": true,
  "created_at": "2019-11-09T00:11:07Z",
  "updated_at": "2019-11-09T00:11:07Z"
}