> ## Documentation Index
> Fetch the complete documentation index at: https://docs.synctera.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Account Opening at the Sponsor Bank

> In order to golive with your Sponsor Bank partner, the FinTech will need to open accounts at the Sponsor Bank.

<Info>
  How-to open an account

  Ask your Implementation Specialist for an account opening form and we'll get the process started for you!

  The bank will need the following documentation:

  1. Proof of insurance converage
  2. Identification of Ultimate Beneficial Ownership (UBO)
  3. Certificate of Incorporation and By-Laws
  4. Employment Identification Number (EIN) Verification Letter
  5. Certificate of Good Standing
  6. Previous 3 Months’ Bank Statements
  7. Capitalization Table
  8. Evidence of any Business Permits or Licenses
  9. Description of Ownership Structure
</Info>

## What accounts will be opened?

* **Operational Account** -  General business account that will be used to fund Reserve, process fees and fraud losses, among other things.
* **Reserve Account** - Account that establishes the reserve as per contract.
* **FBO and Settlement Accounts** - These accounts will be available to you through the Synctera Console

## How do I fund the accounts?

You will receive the account number and routing number for the **Operational** and **Reserve** accounts that you can use to ACH or wire funds into. If you are having difficulty finding the account number or routing number, reach out to your Implementation Specialist!