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- Help Center
- North Capital Escrow Services
- Connecting to TransactAPI
When creating an offering, how do I connect my escrow account?
Once you open an escrow account, and you create an offering in TransactAPI, there is no further action required to do to connect the two together.
Once you open an escrow account, and you create an offering in TransactAPI, there is no further action required to do to connect the two together. The funds are automatically routed to your escrow account (which is based on escrow account name). For this reason, it is key is that you always ensure an escrow account is created before processing payments, otherwise, the payments will be rejected.
By having the Offering Name in TransactAPI match the name listed on the Escrow Account, it makes it simple for our team to reconcile all transactions and update the status in TransactAPI accordingly.
You will want to create an "Issuer" (company name) and then set up the "Offering" in TransactAPI via the live admin panel. Any trades that are created through the API that are connected to that Offering, will be allocated to the proper escrow account.