Local account details
Support eligible local account or virtual account workflows for collecting funds in supported markets.
Virtual Accounts
Virtual accounts for global collections and reconciliation
Give customers and counterparties local-style payment instructions while your team tracks receivables, references, and settlement in one place.
Echo API Virtual Accounts
01
Local account details
Support eligible local account or virtual account workflows for collecting funds in supported markets.
02
Reference-based reconciliation
Connect incoming payments to customers, invoices, wallets, or business accounts with structured records.
03
Settlement flexibility
Route collected funds into supported fiat balances, payout flows, or stablecoin-enabled settlement designs.
B2B platformsImport/export businessesFintechsMarketplaces
Capabilities
Product infrastructure for real payment operations
Reference-based reconciliation
Connect incoming payments to customers, invoices, wallets, or business accounts with structured records.
Settlement flexibility
Route collected funds into supported fiat balances, payout flows, or stablecoin-enabled settlement designs.
Use Cases
Where teams use this
Each product maps to a high-intent commercial workflow, then links into the existing Echo Money product, industry, and contact pages.
Invoice collections
Let buyers pay using local instructions while finance teams keep clear receivable matching.
User balance funding
Allow platform users or businesses to fund balances through local account details where supported.
Marketplace collections
Collect buyer funds locally before splitting or paying out to sellers in supported corridors.
Coverage
Supported rails & settlement
Availability depends on corridor, currency, onboarding status, and the final product configuration approved for the customer.
Local accountsBank transfersMulti-currency balancesWebhooksLedger records
Why Echo
Built for cross-border businesses, not single-country payment flows
Connects account issuance patterns with collections, payouts, and treasury workflows.
Designed for finance teams that need reconciliation clarity, not only account numbers.
Keeps local account availability tied to eligibility, corridor, and product configuration.
Related
Continue exploring Echo Money
FAQ
Common questions
What is a virtual account? +
A virtual account is an account-like identifier or payment instruction that helps a business collect and reconcile incoming payments, often without opening a separate bank account for every customer.
Can virtual accounts support multiple currencies? +
Virtual account and local account capabilities depend on provider, currency, market, and customer eligibility.
How do virtual accounts help reconciliation? +
They can attach incoming payments to customer, invoice, or platform records so finance teams spend less time matching payments manually.
Start Building
Map this flow to your corridors, currencies, and payment stack.
Create a sandbox account in minutes. Move to production once KYB approval is complete.
2 min
to first API key
1 API
covers 80+ corridors
Instant
cross-border settlement
24 / 7
engineer-led support
2 min
to first API key
1 API
covers 80+ corridors
Instant
cross-border settlement
24 / 7
engineer-led support