Update Sub Account
This endpoint updates the information on an existing sub account for a merchant.
This endpoint is protected with OAuth 2.0 Bearer Token
Endpoint URL: {{base_url}}/api/v1/sub-accounts
HTTP Method: PUT
The {{base_url}} for test is https://sandbox.monnify.com but when you go live, it changes to the live url
Sample Request
{
"subAccountCode": "MFY_SUB_319452883328",
"currencyCode": "NGN",
"bankCode": "058",
"accountNumber": "0123456789",
"email": "tamira3@gmail.com",
"defaultSplitPercentage": "25"
}
Sample Response
{
"requestSuccessful": true,
"responseMessage": "success",
"responseCode": "0",
"responseBody": [
{
"subAccountCode": "MFY_SUB_319452883328",
"accountNumber": "0123456789",
"accountName": "JOHN, DOE SNOW",
"currencyCode": "NGN",
"email": "tamira1@gmail.com",
"bankCode": "058",
"bankName": "GTBank",
"defaultSplitPercentage": 20
}
]
}
Field Parameters
Field | Mandatory or Optional | Description |
|---|---|---|
currencyCode | M | Settlement currency. "NGN" |
accountNumber | M | The account number that should be created as a sub account. |
accountName | O | The name attached to the account number |
bankName | O | Name of the bank where the account is domiciled |
bankCode | M | The 3 digit bank code of the bank where the account number is domiciled |
M | The email tied to the sub account. This email will receive settlement reports for settlements into the sub account. | |
defaultSplitPercentage | M | The default percentage to be split into the sub account on any transaction. (Only applies if a specific amount is not passed during transaction initialization) |
subAccountCode | M | The unique reference for the sub account |