Understanding accounts, depositors, and depositor users
Updated November 10, 2026
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 each co-owner 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 in Add Single Account, or later with Edit (pencil icon) on the account |
| Multiple Accounts | One depositor with multiple accounts | Sweep Program: select the existing depositor on the Existing Depositor tab when opening each additional account |
| 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 tab |
| Business + Personal | One user with multiple depositors | Sweep Program: from the User Management tab, invite the same email for each depositor; one login gains access to all accounts associated with each depositor |
Need a hand? Reach out to your NBID Regional Director or email support@nbid.com.