• USD virtual account limits and payments

  USD virtual account limits and payments The banking provider's USD virtual accounts provide bank details for receiving and sending funds through ACH and Wire. They can also use FedNow for operations compatible with that rail. Incoming payments The banking provider allows the following types of incoming payments into USD virtual accounts: Money from the account holder's own bank, fintech or brokerage account. Payroll payments from companies. Third-party payments from registeredFew readers

• Fund conversion and connection with Stellar

  Fund conversion and connection with Stellar The banking provider's virtual accounts can be used to receive funds in fiat currency and convert them automatically into cryptocurrency. The banking provider allows a virtual account to be configured so that funds received are converted into USDC on Stellar. From fiat currency to USDC on Stellar The main flows can be represented as follows: EUR / SEPA → Banking provider virtual account → USDC on Stellar USD / ACH-Wire → Banking proviFew readers

• Compliance and transaction review with the banking provider

  Compliance and transaction review with the banking provider The published limits for the banking provider's virtual accounts do not remove the compliance processes applicable to operations. An operation may be subject to additional controls even when the corresponding transaction type has a limit published as unlimited. Compliance processes Transactions may be subject to: AML: anti-money laundering checks. KYB: business verification. RFI: requests for additional information.Few readers

• Countries not supported by the banking provider for creating a virtual account with IBAN

  Countries not supported by the banking provider for creating a virtual account with IBAN The banking provider does not allow accounts to be opened for individuals or companies resident in certain jurisdictions classified as Prohibited. The list currently includes: Afghanistan Belarus Cuba North Korea Russian Federation Gaza Iran Iraq Lebanon Libya Myanmar Democratic Republic of the Congo Somalia Sudan South Sudan Syria Venezuela Yemen West Bank (Few readers

• What are ebioro virtual accounts?

  What are ebioro virtual accounts? ebioro virtual accounts let you receive and send funds in fiat currency through different payment systems. The banking provider offers virtual accounts in USD and EUR, with different rails for each currency: USD: ACH, Wire and FedNow. EUR: SEPA and SEPA Instant. Virtual accounts work as reusable addresses for receiving fiat deposits. Funds received can be converted automatically into cryptocurrency and sent to the configured destinatiFew readers

• Restrictions within the United States when creating a virtual account

  Restrictions within the United States The banking provider allows individual and business customers to operate in most US states, with the exception of New York, when their primary residential or operating address, as applicable, is located there. The banking provider currently also allows onboarding of individual and business customers from Florida and Louisiana. For businesses, availability depends mainly on the primary operating address, not necessarily on where the busiFew readers

• EUR virtual IBAN limits and payments

  EUR virtual IBAN limits and payments The banking provider's EUR virtual IBAN allows funds to be received and sent through SEPA and SEPA Instant. Incoming payments The banking provider sets the following conditions for deposits into EUR virtual accounts: Deposit type Condition Account holder's own money Unlimited Third parties — companies Unlimited Third parties — individuals | Subject to approval and limits set by the banking provider's accountFew readers