A Virtual Account lets you receive digital assets from a bank or financial institution into your World Wallet. This means:

• You can receive payments from your employer, such as paychecks or business payments.
• You can fund your World Wallet by sending money from your own bank account.

When US dollars are sent to your Virtual Account, it is converted into USDC and added to your wallet balance.

Note: Supported currencies depend on your location. Check your app for the latest availability.

How it works

US Virtual Account (USD)

The flow of funds is simple:

1. Money is sent to your virtual account number.
2. Lead Bank (the provider) receives the transfer.
3. The money is converted into stablecoins (USDC) by Bridge.
4. The USDC is added to your World Wallet on World Chain.

Argentina Virtual Account (ARS)

If you are based in Argentina, your Virtual Account uses a CVU (Clave Virtual Uniforme), Argentina's local bank account identifier. The flow of funds is:

• ARS is sent to your CVU number from a local bank or payment provider.
• Incoming ARS is automatically converted into wARS (a local stablecoin) and added to your World Wallet.
• You can also withdraw wARS to a supported bank account at any time through the Withdraw option in your wallet. Your wARS will be converted to ARS on the way out.
• This account is powered by Ripio. A Ripio account and a local Argentine residence permit are required to open one.

Frequently Asked Questions (FAQ)

What are the main benefits of a Virtual Account?

Virtual Accounts are useful in different situations:

• Receive payments into your wallet through your Virtual Account.
• Business payments: Receive payments from companies. Keep in mind that person-to-person transfers are not yet supported.
• Self-funding: Move money from your own bank account to your World Wallet easily.

If I have a question about a payment. How can I contact support? 

Our Support Team is here to help you make the most of your Virtual Account. We can assist you with:

• Explaining what it is and how it works.
• Guidance on creating or closing your Virtual Account.
• Questions about supported currencies and available use cases.
• Support with the transfers or deposits status.

Can I have more than one Virtual Account?

Yes, it is possible to have more than one account.

If you need help, please contact our Support Team directly through World App. Please avoid contacting the banking partners directly, as they are not best suited to help you in the first instance.

If you need more information, check these Articles out: 

• How do I create a Virtual Account?
• How do I deposit into my Virtual Account?
• How do I close my Virtual Account? 

Translations may differ slightly from the original English content. For the most accurate information, please refer to the article's English version if any discrepancies occur.