Master Admin Consideration:
One designated person, typically with signatory authority, is designated the 'Master Admin' and should register the org Acct. with the company headquarter details, i.e. register ACME Inc HQ. and associated address (Not ACME Region 1 or ACME Region 2). If you are a company regional office, you will need to register your Org Acct first. This can be done at www.xtrm.com - choose company registration. If an org account already exists, you will be notified and asked to contact the existing admins to add you as an admin for your region.
When considering who is to be the master admin for your company account, since XTRM is a financial service account regulated in the same way as a bank, we recommend you choose someone with financial signatory approval for your company. This is often someone in the exec team or finance group. This person is not solely responsible for managing the account but can delegate responsibility to regional managers (manager admins and standard admins).
Account roles and security handle the separation of access to wallets and funds. Regional offices can have specific access to regional wallets and functions. It is identical to separate accounts from a compliance and security perspective but provides global account management and reporting. It also simplifies onboarding times and ensures more accurate and faster payments whilst ensuring only the right people access the right funds and services.
Some key terms:
|Organization||This is your global account worldwide. It has a unique Organization ID (OID) - the format is SPNXXXXXXXX.||1|
|Wallets||Within an account, you can have as many currency wallets as you like.||Any|
|Master Admin||This is the key global contact. There is one master admin per global account. This person should typically be a person in finance or treasury with company signatory authority. This person has full access to all services. Admins have unique account IDs (AID) starting with SPAXXXXXXX.||1|
|Manager Admin||These are typically regional administrators. There can be any number of manager admins. These also have full access to all wallets and services and can create and manage standard admins. Admins have unique account IDs (AID) starting with SPAXXXXXXX.||Any|
|Standard Admin||These are your regional program and wallet administrators. There can be any number of standard admins. Very granular access can be set to these admin types. Admins have unique account IDs (AID) starting with SPAXXXXXXX. See below.||Any|
✓ = Yes X = No O=Optional (Access Level Setting)
|4 Admin Levels:|
|Manager Admin||Standard Admin||Suspended|
|Typical Role||Senior Finance||Finance, Department Head||Department Manager||N/A|
|# of Admins||1||Any number||Any number||Any Number|
|Log in to Company Account|
|Set Admin Access Levels||✓||✓||X||X|
|Send Password Reset Emails||✓||✓||X||X|
|Transfer Funds (withdraw)||✓||✓||O||X|
|Create Edit Claims||✓||✓||O||X|
|Create Edit Beneficiaries||✓||✓||O||X|
|Create Edit Connected||✓||✓||O||X|
|Create Edit Wallets||✓||✓||O||X|
|Edit users Individuals Email|
|Edit/Add Individuals Mobile|
There are 4 template levels of access.
|Full||Full access to all features|
|Custom access to features|
|View||View-only access to wallets and features|
|Limited||Limited access to basic features|
A master or manager admin can edit any admin and click on the Set Custom Access button to set custom access levels.
They are then taken to the screen to set custom access levels: