Get quick answers to common questions about our products and services.
What is an operational account?
An operational account is a basic transactional account. You can open as many operational accounts as you need, depending on your use case.
Operational accounts can be used to:
- hold your company’s day-to-day operating funds
- receive funds from a bulk transfer before disbursing to other accounts
- pool interest earned from multiple accounts
- pay Griffin fees
- fund additional payments to a customer’s account (e.g. an interest rate top-up)
Learn more about operational accounts.
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