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Vault Banking · Embedded finance

Real banking primitives, wired into your software.

Vault Banking is the programmable embedded finance layer. Spin up sub-accounts, issue virtual or physical cards, schedule payouts, and reconcile every transaction back to Close — all gated by Conscience and audited end-to-end. Sandbox available before you go live.

Available from Team — $99 CAD/moRead the docs

What it does

Treasury sub-accounts

Per-team / per-purpose sub-accounts with programmable transfer rules. Caps, allowlists, dual-approval — declarative.

Card issuance

Virtual + physical card issuance with per-card spend caps, merchant allowlists, and per-card audit rows.

Scheduled payouts

ACH, SEPA, wire, Interac e-Transfer. Cron-scheduled or event-triggered via Loom workflows.

Auto-reconciliation

Every transaction reconciles back to a Close sub-ledger entry automatically. No more matching CSVs.

When to reach for it

  • You need real banking primitives wired into your software (issuance, payouts, treasury).
  • You operate finance ops at scale and want automated reconciliation between bank movements and the ledger.
  • You need per-card / per-account spend controls that don't require an admin to approve each transfer.
  • You want sandbox testing before flipping a programmable money flow into production.

Pricing

This product is included starting from the Team tier ($99 CAD/mo). Every higher tier includes it automatically. See the tier & product mapping for the full picture.

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