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diff --git a/src/exchangedb/0002-reserves.sql b/src/exchangedb/0002-reserves.sql
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+++ b/src/exchangedb/0002-reserves.sql
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+--
+-- This file is part of TALER
+-- Copyright (C) 2014--2022 Taler Systems SA
+--
+-- TALER is free software; you can redistribute it and/or modify it under the
+-- terms of the GNU General Public License as published by the Free Software
+-- Foundation; either version 3, or (at your option) any later version.
+--
+-- TALER is distributed in the hope that it will be useful, but WITHOUT ANY
+-- WARRANTY; without even the implied warranty of MERCHANTABILITY or FITNESS FOR
+-- A PARTICULAR PURPOSE.  See the GNU General Public License for more details.
+--
+-- You should have received a copy of the GNU General Public License along with
+-- TALER; see the file COPYING.  If not, see <http://www.gnu.org/licenses/>
+--
+
+CREATE FUNCTION create_table_reserves(
+  IN partition_suffix TEXT DEFAULT NULL
+)
+RETURNS VOID
+LANGUAGE plpgsql
+AS $$
+DECLARE
+  table_name TEXT DEFAULT 'reserves';
+BEGIN
+  PERFORM create_partitioned_table(
+    'CREATE TABLE %I'
+      '(reserve_uuid BIGINT GENERATED BY DEFAULT AS IDENTITY'
+      ',reserve_pub BYTEA PRIMARY KEY CHECK(LENGTH(reserve_pub)=32)'
+      ',current_balance taler_amount NOT NULL DEFAULT (0, 0)'
+      ',purses_active INT8 NOT NULL DEFAULT(0)'
+      ',purses_allowed INT8 NOT NULL DEFAULT(0)'
+      ',birthday INT4 NOT NULL DEFAULT(0)'
+      ',expiration_date INT8 NOT NULL'
+      ',gc_date INT8 NOT NULL'
+    ') %s ;'
+    ,table_name
+    ,'PARTITION BY HASH (reserve_pub)'
+    ,partition_suffix
+  );
+  PERFORM comment_partitioned_table(
+     'Summarizes the balance of a reserve. Updated when new funds are added or withdrawn.'
+    ,table_name
+    ,partition_suffix
+  );
+  PERFORM comment_partitioned_column(
+     'EdDSA public key of the reserve. Knowledge of the private key implies ownership over the balance.'
+    ,'reserve_pub'
+    ,table_name
+    ,partition_suffix
+  );
+  PERFORM comment_partitioned_column(
+     'Current balance remaining with the reserve.'
+    ,'current_balance'
+    ,table_name
+    ,partition_suffix
+  );
+  PERFORM comment_partitioned_column(
+     'Number of purses that were created by this reserve that are not expired and not fully paid.'
+    ,'purses_active'
+    ,table_name
+    ,partition_suffix
+  );
+  PERFORM comment_partitioned_column(
+     'Number of purses that this reserve is allowed to have active at most.'
+    ,'purses_allowed'
+    ,table_name
+    ,partition_suffix
+  );
+  PERFORM comment_partitioned_column(
+     'Used to trigger closing of reserves that have not been drained after some time'
+    ,'expiration_date'
+    ,table_name
+    ,partition_suffix
+  );
+  PERFORM comment_partitioned_column(
+     'Used to forget all information about a reserve during garbage collection'
+    ,'gc_date'
+    ,table_name
+    ,partition_suffix
+  );
+  PERFORM comment_partitioned_column(
+     'Birthday of the user in days after 1970, or 0 if user is an adult and is not subject to age restrictions'
+    ,'birthday'
+    ,table_name
+    ,partition_suffix
+  );
+END
+$$;
+
+
+CREATE FUNCTION constrain_table_reserves(
+  IN partition_suffix TEXT
+)
+RETURNS void
+LANGUAGE plpgsql
+AS $$
+DECLARE
+  table_name TEXT DEFAULT 'reserves';
+BEGIN
+  table_name = concat_ws('_', table_name, partition_suffix);
+  EXECUTE FORMAT (
+    'ALTER TABLE ' || table_name ||
+    ' ADD CONSTRAINT ' || table_name || '_unique_uuid'
+    ' UNIQUE (reserve_uuid)'
+  );
+  EXECUTE FORMAT (
+    'CREATE INDEX ' || table_name || '_by_expiration_index '
+    'ON ' || table_name || ' '
+    '(expiration_date'
+    ',current_balance'
+    ');'
+  );
+  EXECUTE FORMAT (
+    'COMMENT ON INDEX ' || table_name || '_by_expiration_index '
+    'IS ' || quote_literal('used in get_expired_reserves') || ';'
+  );
+  EXECUTE FORMAT (
+    'CREATE INDEX ' || table_name || '_by_reserve_uuid_index '
+    'ON ' || table_name || ' '
+    '(reserve_uuid);'
+  );
+  EXECUTE FORMAT (
+    'CREATE INDEX ' || table_name || '_by_gc_date_index '
+    'ON ' || table_name || ' '
+    '(gc_date);'
+  );
+  EXECUTE FORMAT (
+    'COMMENT ON INDEX ' || table_name || '_by_gc_date_index '
+    'IS ' || quote_literal('for reserve garbage collection') || ';'
+  );
+END
+$$;
+
+
+INSERT INTO exchange_tables
+    (name
+    ,version
+    ,action
+    ,partitioned
+    ,by_range)
+  VALUES
+    ('reserves'
+    ,'exchange-0002'
+    ,'create'
+    ,TRUE
+    ,FALSE),
+    ('reserves'
+    ,'exchange-0002'
+    ,'constrain'
+    ,TRUE
+    ,FALSE);