What are the absolutely necessary requirements and legalities behind 'playing bank'?
Closed. This question is This question is off-topic . It is not currently accepting answers. Update the question so it's on-topic for Personal Finance & Money Stack Exchange. Closed 1 hour ago. Improve this question  I use 'playing bank' as it's the best description I can think of. The image below dictates two scenarios for us playing bank and us not playing bank. playing-bank  We are a start up with a website where shoppers pay for something from a few clients registered on our website. When we had only one client , it was easy to set up a custom integration for when shoppers pay, their money goes into the client's account . As we're scaling with clients , it becomes harder and harder to build these custom integrations for each client and each payment integrator . It would be much simpler if we could have our own account for each payment integrator , and then have a settlement agreement with each client where we just pay them out the required amounts.