Treasury Manager

The financial authority. It initiates transactions, signs them, and approves other people’s — but it cannot rewrite the rules that govern it or manage users.

Can / cannot

Can

Everything Operator can do: initiate payments, withdrawals, conversions, contacts
Sign transfers
Approve or reject pending operations
Manage the company’s own bank accounts and wallets
Open and close accounts, manage the wallet allowlist
Issue and manage tax documents
Create their own passkey

Cannot

Change the approval policy rules
Invite users or assign roles
Create or remove companies
Create API credentials
Manage the organization’s passkeys
Approve their own operations

When to use it

It is the natural role for treasury and for whoever has to approve what the team does. If your approval policy asks for a second signature on withdrawals, your approvers go here.

Have more approvers than the rule requires

With their passkey ready. If a rule requires everyone to sign, or a threshold equal to the number of approvers, a single absence freezes operations. With three people and a threshold of two, there is always room.

Next steps

Operator — the step below: initiates and signs their own, does not approve other people’s.
Passkeys — an approver without a passkey freezes the rule: see Each person’s passkey.
Approval policy — where you define that a withdrawal needs your second signature.
If they do not appear in the approvers list: I cannot choose someone as an approver.