Add Investments Move to your app

Use Investments Move to streamline brokerage-to-brokerage account transfers

In this guide, we'll start from scratch and walk through how to use Investments Move to get the data required to set up an ACATS transfer. If you are already familiar with using Plaid and are set up to make calls to the Plaid API, make sure to initialize Link with the investments_auth product; you can then skip ahead to Fetching Investments Move data.

Get Plaid API keys and complete application profile

If you don't already have one, you'll need to create a Plaid developer account. After creating your account, you can find your API keys under the Team Settings menu on the Plaid Dashboard.

You will also need to complete your application profile on the Dashboard. The information in your profile will be shared with users of your application when they manage their connection on the Plaid Portal. Your application profile must be completed before connecting to certain institutions in Production.

Install and initialize Plaid libraries

You can use our official server-side client libraries to connect to the Plaid API from your application:

1// Install via npm
2npm install --save plaid

After you've installed Plaid's client libraries, you can initialize them by passing in your client_id, secret, and the environment you wish to connect to (Sandbox or Production). This will make sure the client libraries pass along your client_id and secret with each request, and you won't need to explicitly include them in any other calls.

1// Using Express
2const express = require('express');
3const app = express();
4app.use(express.json());
5

6const { Configuration, PlaidApi, PlaidEnvironments } = require('plaid');
7

8const configuration = new Configuration({
9  basePath: PlaidEnvironments.sandbox,
10  baseOptions: {
11    headers: {
12      'PLAID-CLIENT-ID': process.env.PLAID_CLIENT_ID,
13      'PLAID-SECRET': process.env.PLAID_SECRET,
14    },
15  },
16});
17

18const client = new PlaidApi(configuration);

Create an Item in Link

Plaid Link is a drop-in module that provides a secure, elegant authentication flow for each institution that Plaid supports. Link makes it secure and easy for users to connect their bank accounts to Plaid. Note that these instructions cover Link on the web. For instructions on using Link within mobile apps, see the Link documentation.

Using Link, we will create a Plaid Item, which is a Plaid term for a login at a financial institution. An Item is not the same as a financial institution account, although every account will be associated with an Item. For example, if a user has one login at their bank that allows them to access both their checking account and their savings account, a single Item would be associated with both of those accounts.

First, on the client side of your application, you'll need to set up and configure Link. If you want to customize Link's look and feel, you can do so from the Dashboard.

When initializing Link, you will need to specify the products you will be using in the product array.

Create a link_token
1app.post('/api/create_link_token', async function (request, response) {
2  // Get the client_user_id by searching for the current user
3  const user = await User.find(...);
4  const clientUserId = user.id;
5  const request = {
6    user: {
7      // This should correspond to a unique id for the current user.
8      client_user_id: clientUserId,
9    },
10    client_name: 'Plaid Test App',
11    products: ['investments_auth'],
12    language: 'en',
13    webhook: 'https://webhook.example.com',
14    redirect_uri: 'https://domainname.com/oauth-page.html',
15    country_codes: ['US'],
16  };
17  try {
18    const createTokenResponse = await client.linkTokenCreate(request);
19    response.json(createTokenResponse.data);
20  } catch (error) {
21    // handle error
22  }
23});

When using Investments Move, you can also configure options in the /link/token/create call to allow more brokerage accounts to be added, with the tradeoff that Plaid may not be able to verify all of the information. For details, see Fallback flows.

Install Link dependency
1<head>
2  <title>Connect a bank</title>
3  <script src="https://cdn.plaid.com/link/v2/stable/link-initialize.js"></script>
4</head>
Configure the client-side Link handler
1const linkHandler = Plaid.create({
2  token: (await $.post('/create_link_token')).link_token,
3  onSuccess: (public_token, metadata) => {
4    // Send the public_token to your app server.
5    $.post('/exchange_public_token', {
6      public_token: public_token,
7    });
8  },
9  onExit: (err, metadata) => {
10    // Optionally capture when your user exited the Link flow.
11    // Storing this information can be helpful for support.
12  },
13  onEvent: (eventName, metadata) => {
14    // Optionally capture Link flow events, streamed through
15    // this callback as your users connect an Item to Plaid.
16  },
17});
18

19linkHandler.open();

Get a persistent access_token

Next, on the server side, we need to exchange our public_token for an access_token and item_id. The access_token will allow us to make authenticated calls to the Plaid API. Doing so is as easy as calling the /item/public_token/exchange endpoint from our server-side handler. We'll use the client library we configured earlier to make the API call.

Save the access_token and item_id in a secure datastore, as they’re used to access Item data and identify webhooks, respectively. The access_token will remain valid unless you actively chose to expire it via rotation or remove the corresponding Item via /item/remove. The access_token should be stored securely, and never in client-side code. A public_token is a one-time use token with a lifetime of 30 minutes, so there is no need to store it.

Select group for content switcher
1app.post('/api/exchange_public_token', async function (
2  request,
3  response,
4  next,
5) {
6  const publicToken = request.body.public_token;
7  try {
8    const response = await client.itemPublicTokenExchange({
9      public_token: publicToken,
10    });
11

12    // These values should be saved to a persistent database and
13    // associated with the currently signed-in user
14    const accessToken = response.data.access_token;
15    const itemID = response.data.item_id;
16

17    res.json({ public_token_exchange: 'complete' });
18  } catch (error) {
19    // handle error
20  }
21});

Fetching Investments Move data

Now that the authentication step is out of the way, we can begin using authenticated endpoints from the Plaid API. For more detailed information on the schema for account information returned, see /investments/auth/get.

1const request: InvestmentsAuthGetRequest = {
2  access_token: accessToken,
3};
4try {
5  const response = await plaidClient.investmentsAuthGet(request);
6  const investmentsAuthData = response.data;
7} catch (error) {
8  // handle error
9}

The results of the /investments/auth/get call return the information you need to submit an ACATS transfer, using verified data derived directly from the brokerage. Example response data is below. For more details on the schema of data returned, see the API Reference.

1{
2  "accounts": [
3    {
4      "account_id": "31qEA6LPwGumkA4Z5mGbfyGwr4mL6nSZlQqpZ",
5      "balances": {
6        "available": 43200,
7        "current": 43200,
8        "iso_currency_code": "USD",
9        "limit": null,
10        "unofficial_currency_code": null
11      },
12      "mask": "4444",
13      "name": "Plaid Money Market",
14      "official_name": "Plaid Platinum Standard 1.85% Interest Money Market",
15      "subtype": "money market",
16      "type": "depository"
17    },
18    {
19      "account_id": "xlP8npRxwgCj48LQbjxWipkeL3gbyXf64knoy",
20      "balances": {
21        "available": null,
22        "current": 320.76,
23        "iso_currency_code": "USD",
24        "limit": null,
25        "unofficial_currency_code": null
26      },
27      "mask": "5555",
28      "name": "Plaid IRA",
29      "official_name": null,
30      "subtype": "ira",
31      "type": "investment"
32    }
33  ],
34  "holdings": [
35    {
36      "account_id": "xlP8npRxwgCj48LQbjxWipkeL3gbyXf64knoy",
37      "cost_basis": 1,
38      "institution_price": 1,
39      "institution_price_as_of": "2021-05-25",
40      "institution_price_datetime": null,
41      "institution_value": 0.01,
42      "iso_currency_code": "USD",
43      "quantity": 0.01,
44      "security_id": "d6ePmbPxgWCWmMVv66q9iPV94n91vMtov5Are",
45      "unofficial_currency_code": null,
46      "vested_quantity": 1,
47      "vested_value": 1
48    },
49    {
50      "account_id": "xlP8npRxwgCj48LQbjxWipkeL3gbyXf64knoy",
51      "cost_basis": 0.01,
52      "institution_price": 0.011,
53      "institution_price_as_of": "2021-05-25",
54      "institution_price_datetime": null,
55      "institution_value": 110,
56      "iso_currency_code": "USD",
57      "quantity": 10000,
58      "security_id": "8E4L9XLl6MudjEpwPAAgivmdZRdBPJuvMPlPb",
59      "unofficial_currency_code": null,
60      "vested_quantity": null,
61      "vested_value": null
62    },
63    {
64      "account_id": "xlP8npRxwgCj48LQbjxWipkeL3gbyXf64knoy",
65      "cost_basis": 40,
66      "institution_price": 42.15,
67      "institution_price_as_of": "2021-05-25",
68      "institution_price_datetime": null,
69      "institution_value": 210.75,
70      "iso_currency_code": "USD",
71      "quantity": 5,
72      "security_id": "abJamDazkgfvBkVGgnnLUWXoxnomp5up8llg4",
73      "unofficial_currency_code": null,
74      "vested_quantity": 7,
75      "vested_value": 66
76    }
77  ],
78  "item": {
79    "available_products": [
80      "assets",
81      "balance",
82      "beacon",
83      "cra_base_report",
84      "cra_income_insights",
85      "signal",
86      "identity",
87      "identity_match",
88      "income",
89      "income_verification",
90      "investments",
91      "processor_identity",
92      "recurring_transactions",
93      "transactions"
94    ],
95    "billed_products": [
96      "investments_auth"
97    ],
98    "consent_expiration_time": null,
99    "error": null,
100    "institution_id": "ins_115616",
101    "item_id": "7qBnDwLP3aIZkD7NKZ5ysk5X9xVxDWHg65oD5",
102    "products": [
103      "investments_auth"
104    ],
105    "update_type": "background",
106    "webhook": "https://www.genericwebhookurl.com/webhook"
107  },
108  "numbers": {
109    "acats": [
110      {
111        "account": "TR5555",
112        "account_id": "xlP8npRxwgCj48LQbjxWipkeL3gbyXf64knoy",
113        "dtc_numbers": [
114          "1111",
115          "2222",
116          "3333"
117        ]
118      }
119    ]
120  },
121  "owners": [
122    {
123      "account_id": "31qEA6LPwGumkA4Z5mGbfyGwr4mL6nSZlQqpZ",
124      "names": [
125        "Alberta Bobbeth Charleson"
126      ]
127    },
128    {
129      "account_id": "xlP8npRxwgCj48LQbjxWipkeL3gbyXf64knoy",
130      "names": [
131        "Alberta Bobbeth Charleson"
132      ]
133    }
134  ],
135  "request_id": "hPCXou4mm9Qwzzu",
136  "securities": [
137    {
138      "close_price": 0.011,
139      "close_price_as_of": null,
140      "cusip": null,
141      "industry": null,
142      "institution_id": null,
143      "institution_security_id": null,
144      "is_cash_equivalent": false,
145      "isin": null,
146      "iso_currency_code": "USD",
147      "market_identifier_code": null,
148      "name": "Nflx Feb 01'18 $355 Call",
149      "option_contract": null,
150      "proxy_security_id": null,
151      "sector": null,
152      "security_id": "8E4L9XLl6MudjEpwPAAgivmdZRdBPJuvMPlPb",
153      "sedol": null,
154      "ticker_symbol": "NFLX180201C00355000",
155      "type": "derivative",
156      "unofficial_currency_code": null,
157      "update_datetime": null
158    },
159    {
160      "close_price": 9.08,
161      "close_price_as_of": "2024-09-09",
162      "cusip": null,
163      "industry": "Investment Trusts or Mutual Funds",
164      "institution_id": null,
165      "institution_security_id": null,
166      "is_cash_equivalent": false,
167      "isin": null,
168      "iso_currency_code": "USD",
169      "market_identifier_code": null,
170      "name": "DoubleLine Total Return Bond I",
171      "option_contract": null,
172      "proxy_security_id": null,
173      "sector": "Miscellaneous",
174      "security_id": "AE5rBXra1AuZLE34rkvvIyG8918m3wtRzElnJ",
175      "sedol": "B5ND9B4",
176      "ticker_symbol": "DBLTX",
177      "type": "mutual fund",
178      "unofficial_currency_code": null,
179      "update_datetime": null
180    },
181    {
182      "close_price": 42.15,
183      "close_price_as_of": null,
184      "cusip": null,
185      "industry": null,
186      "institution_id": null,
187      "institution_security_id": null,
188      "is_cash_equivalent": false,
189      "isin": null,
190      "iso_currency_code": "USD",
191      "market_identifier_code": null,
192      "name": "iShares Inc MSCI Brazil",
193      "option_contract": null,
194      "proxy_security_id": null,
195      "sector": null,
196      "security_id": "abJamDazkgfvBkVGgnnLUWXoxnomp5up8llg4",
197      "sedol": null,
198      "ticker_symbol": "EWZ",
199      "type": "etf",
200      "unofficial_currency_code": null,
201      "update_datetime": null
202    },
203    {
204      "close_price": 1,
205      "close_price_as_of": null,
206      "cusip": null,
207      "industry": null,
208      "institution_id": null,
209      "institution_security_id": null,
210      "is_cash_equivalent": true,
211      "isin": null,
212      "iso_currency_code": "USD",
213      "market_identifier_code": null,
214      "name": "U S Dollar",
215      "option_contract": null,
216      "proxy_security_id": null,
217      "sector": null,
218      "security_id": "d6ePmbPxgWCWmMVv66q9iPV94n91vMtov5Are",
219      "sedol": null,
220      "ticker_symbol": null,
221      "type": "cash",
222      "unofficial_currency_code": null,
223      "update_datetime": null
224    }
225  ]
226}