Legal Entities

A legal_entity is a person or business with distinct legal rights. Legal Entities can be associated with Counterparties and Internal Accounts.

AttributeDescription
idstringUnique identifier for the Legal Entity.
external_idstringAn optional user-defined unique identifier.
legal_entity_type
string

Type of Legal Entity.

One of: individual or business.

risk_rating
string

Risk rating of the Legal Entity.

One of: low, medium, or high.

prefix
string
Prefix of an individual.
first_name
string
Legal first name of an individual.
middle_name
string
Legal middle name of an individual.
last_name
string
Legal last name of an individual.
suffix
string
Suffix of an individual.
preferred_name
string
Preferred name of an individual.
citizenship_country
string

Citizenship country of an individual.

Country code conforms to ISO 3166-1 alpha-2 .

politically_exposed_person
boolean
Whether the individual is a politically exposed person.
date_of_birth
string

Date of birth of an individual.

Format: YYYY-MM-DD

date_formed
string

Date of formation of a business.

Format: YYYY-MM-DD

business_name
string
Legal name of the business.
doing_business_as_names
array string
List of doing business as names for a business.
legal_structure
string

Legal structure of the business.

One of corporation, llc, non_profit, partnership, sole_proprietorship, trust.

bank_settings
object

Additional bank-specific settings for a legal entity.

See bank-specific docs for available fields for this object.

wealth_and_employment_details
object

Wealth and employment details for an individual.

See bank-specific docs for available fields for this object.

identifications
array object
An array of Identifications used for Tax IDs, legal entity IDs and other identification numbers.
phone_numbers
array object

An array of phone numbers in E.164 format.

e.g. [{phone_number: "+12061111111"}]

email
string
Email address of the Legal Entity.
addresses
array object
An array of Legal Entity Addresses.
website
string
Website of the business.
status
string

The activation status of the entity. One of pending, active, suspended, or denied.

Note: Only applicable to legal entities created under a Modern Treasury Payment Accounts connection. All other legal entities will have a static status of pending.

service_provider_legal_entity_id
string

The UUID of the service provider legal entity for this legal entity in the service provider tree. Optional. Used to identify which service provider owns this legal entity (e.g., for a customer of your customer, this would be the ID of the intermediate customer's legal entity).

Note: This field requires enablement on your organization.

metadata
object
Additional data represented as key-value pairs. Both the key and value must be strings. See Metadata.
live_mode
boolean
This field will be true if this object was created with a production API key or false if created with a test API key.
{
  "id": "8425ab9c-725f-4ef1-8102-a582926e753b",
  "object": "legal_entity",
  "live_mode": true,
  "legal_entity_type": "individual",
  "risk_rating": "low",
  "first_name": "Mauricio",
  "last_name": "Beer",
  "date_of_birth": "1980-06-07",
  "date_formed": null,
  "business_name": null,
  "doing_business_as_names": [],
  "legal_structure": null,
  "email": "[email protected]",
  "website": null,
  "phone_numbers": [
    {
      "phone_number": "+12061111111"
    }
  ],
  "bank_settings": {
    "id": "03af94a0-7f32-46a5-ae29-2b5769d5843f",
    "object": "legal_entity_bank_setting",
    "live_mode": true,
    "backup_withholding_percentage": 10,
    "enable_backup_withholding": true,
    "privacy_opt_out": true,
    "regulation_o": true,
    "discarded_at": null,
    "created_at": "2024-02-05T17:33:51Z",
    "updated_at": "2024-02-05T17:33:51Z"
  },
  "wealth_and_employment_details": {
    "id": "03af94a0-7f32-46a5-ae29-2b5769d5843e",
    "object": "legal_entity_wealth_employment_detail",
    "live_mode": true,
    "employment_status": "employed",
    "occupation": "technology",
    "industry": "finance",
    "income_source": "salary",
    "income_state": "CA",
    "income_country": "US",
    "employer_name": "Modern Treasury",
    "employer_state": "CA",
    "employer_country": "US",
    "source_of_funds": "salary",
    "wealth_source": "salary",
    "annual_income": 100000
  },
  "addresses": [
    {
      "id": "03af94a0-7f32-46a5-ae29-2b5769d5843g",
      "object": "legal_entity_address",
      "live_mode": true,
      "address_types": [],
      "line1": "119 5th Ave",
      "line2": "Suite 600",
      "locality": "New York",
      "region": "NY",
      "postal_code": "10003",
      "country": "US",
      "primary": true,
      "discarded_at": null,
      "created_at": "2024-02-05T17:33:51Z",
      "updated_at": "2024-02-05T17:33:51Z"
    }
  ],
  "identifications": [
    {
      "id": "ae02f9c1-c5d1-4bfd-9712-8df10885defa",
      "object": "identification",
      "expiration_date": "2029-04-14",
      "live_mode": true,
      "id_type": "us_ssn",
      "issuing_country": "US",
      "issuing_region": null,
      "discarded_at": null,
      "created_at": "2024-02-05T17:42:33Z",
      "updated_at": "2024-02-05T17:42:33Z"
    }
  ],
  "metadata": {},
  "discarded_at": null,
  "created_at": "2024-02-05T17:42:33Z",
  "updated_at": "2024-02-05T17:42:33Z"
}
{
  "id": "8555c38f-8906-4390-844e-1e9997009313",
  "object": "legal_entity",
  "live_mode": true,
  "legal_entity_type": "business",
  "risk_rating": "low",
  "first_name": null,
  "last_name": null,
  "date_of_birth": null,
  "date_formed": "2001-06-07",
  "business_name": "Business Name",
  "doing_business_as_names": ["DBA"],
  "legal_structure": ["corporation"],
  "email": "[email protected]",
  "website": "http://www.example.com",
  "phone_numbers": [
    {
      "phone_number": "+97213859098921" 
    }
  ],
  "addresses": [
    {
      "id": "03af94a0-7f32-46a5-ae29-2b5769d5843f",
      "object": "legal_entity_address",
      "live_mode": true,
      "address_types": [],
      "line1": "119 5th Ave",
      "line2": "Suite 600",
      "locality": "New York",
      "region": "NY",
      "postal_code": "10003",
      "country": "US",
      "primary": true,
      "discarded_at": null,
      "created_at": "2024-02-05T17:33:51Z",
      "updated_at": "2024-02-05T17:33:51Z"
    }
  ],
  "identifications": [
    {
      "id": "bc6b5ad1-1313-4d5e-b720-0deb99889832",
      "object": "identification",
      "live_mode": true,
      "id_type": "us_ein",
      "issuing_country": "US",
      "discarded_at": null,
      "created_at": "2024-02-05T17:33:51Z",
      "updated_at": "2024-02-05T17:33:51Z"
    }
  ],
  "metadata": {},
  "discarded_at": null,
  "created_at": "2024-02-05T17:33:51Z",
  "updated_at": "2024-02-05T17:33:51Z"
}