The Team User Roles are primarily for use with our Payment Approvals system, with more information available here.
Owner
The Owner role is the registered user of the accounts and is the primary contact for all financial requirements as a customer of Xace. As Xace's main point of contact for the account, the Owner is a full admin role that requires no approvals of its payments and takes the position of parent of the other team users.
Create Payments | Approve Payments |
No Approval | Yes |
Supervisor
The Supervisor role shares equal access and control rights as the Owner but does not act as the parent role or primary contact. This role works well for small companies where Approvals between each other are not always required or as a CFO role.
Create Payments | Approve Payments |
No Approval | Yes |
Standard (new)
The Standard role is less permissive than the Supervisor role and ensures that their payments follow a 4 eye approval flow for greater payment security and accountability for your accounts. By allowing approvals on this role, the user will also have oversight of colleague actioned payments.
Create Payments | Approve Payments |
Approval Required | Yes |
Creator
Create Payments | Approve Payments |
Approval Required | No |
Approver
Create Payments | Approve Payments |
No | Yes |
Payment Limits
Our roles all come with customisable payment limits, expanding the roles with more granularity to suit your business needs.
Payment Limits | Approval Limits |
Can create payments up to limit | Can approve up to limit |
Changing the Owner of an Account
In cases where you need to appoint a different primary user of your account:
Provide Full Information: Submit all necessary details of the new main user. Typical information includes job title, full name, role required, and contact information, adhering to Xace’s predefined templates.
Authorize the Change: A signed document authorizing the adjustment is mandatory to finalize the update.
This ensures compliance with Xace's verification processes and smooth transition of roles.
Account Limitations
The Xace account is strictly limited to FIAT transactions. For cryptocurrency-related transactions or accounts, you will need to reach out to XDA, Xace’s sister company.