Understanding Accounts, Depositors, and Depositor Users

Three concepts drive how access and allocation work across the NBID Admin Portal. An account is an Insured Sweep Account opened at your institution. A depositor is the beneficial owner(s) of those funds, typically an individual, organization, or the co-owners of an account. The depositor, not the account, drives allocation treatment. A depositor user is a person who logs in to the Depositor Portal on behalf of the depositor to view and manage their account(s).

These relationships are flexible in every direction:

Scenario	Relationship	How to Set Up
Joint Account	One account with two depositors	Sweep Program: Add depositors during Account Opening and in the Edit Account workflow
Multiple Accounts	One depositor with multiple accounts	Sweep Program: select the existing depositor when opening each additional account in Account Opening
Organization	One depositor with multiple users	Sweep Program:select a single depositor when opening the account. Add additional users to the depositor during depositor creation or through the User Management tool
Business + Personal	One user with multiple depositors	Invite the same email for each depositor; one login gains access to all accounts associated with each depositor

For a full walkthrough of each scenario, including setup steps and visual diagrams, download the one-pager here.