Confirming: No way to transfer cash via API to linked bank account?

Hi, I am working with a group on our account, and would like to enable them to make trades, develop/test algos, etc. I want to be the only one that can transfer money in or out of the account, however. If I generate and provide the API keys but do not give the password to the website/app portal, this would allow me to accomplish that goal, correct?