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Accounts of various types (Account Types) are owned in BFS by 1 Legal Entities and keeps track of balances in different assets. Using our BFS API it is possible to CreateAccounts, GetAccounts and UpdateAccounts. In our various user interfaces you can Create accounts or account applications and then create transactions in order to influence the account balances.
Accounts can also be controlled and influenced by other entities than the owner by the use of power of attorneys where different levels of access can be granted. Accounts in BFS can belong to different account worlds that are explained further along in this guide.
