> ## Documentation Index > Fetch the complete documentation index at: https://docs.withacclaim.com/llms.txt > Use this file to discover all available pages before exploring further. # Virtual accounts > Open and manage virtual accounts to receive funds in supported countries and currencies. View available regions, funding methods, and capabilities. Virtual accounts allow you to receive funds into Treasury using local bank details. They provide account information, such as account numbers or IBANs, that can be shared with payers to receive transfers directly into your balances. *** ## How virtual accounts fit into Treasury Virtual accounts are part of your Treasury infrastructure. * They receive incoming bank transfers * Funds are credited to your balances * Each account is tied to a specific country and currency Virtual accounts can be used across workflows, including Collect and funding flows. *** ## Supported regions and capabilities You can open virtual accounts in the following regions: | Region | Currency | Local funding methods | SWIFT funding | | -------------------- | ------------------------------------------------------------------------------------------------------------ | -------------------------------------------------------------- | ------------- | | Australia | AUD | Bank Transfer | No | | Brazil | BRL | PIX, TED | No | | Canada | CAD | EFT, Interac e-Transfer | No | | Denmark | DKK, EUR, AUD, AED, CAD, CHF, CNY, CZK, GBP, HKD, HUF, ILS, JPY, MXN, NOK, NZD, PLN, RON, SEK, SGD, USD, ZAR | DKK: Intradagclearing, RTGS (KRONOS2); EUR: SEPA Instant, SEPA | Yes | | Estonia | EUR | SEPA Instant, SEPA | No | | Germany | EUR | SEPA Instant, SEPA | No | | Hong Kong SAR | CNY, EUR, HKD, USD, AUD, GBP, JPY, SGD, CHF, CAD, NZD | CNY/HKD: ACH, RTGS, FPS; EUR/USD: RTGS | Yes | | Indonesia | IDR | RTGS, SKN, BI-FAST | No | | Israel | ILS | Faster Payments, MASAV, ZAHAV | No | | Mexico | MXN | SPEI | No | | Netherlands | EUR | SEPA Instant, SEPA | No | | New Zealand | NZD | Direct Credit | No | | Philippines | PHP | Instapay, PESONet | No | | Poland | PLN | Elixir, Express Elixir, RTGS (SORBNET) | No | | Singapore | SGD, USD, AUD, CAD, CHF, CNY, EUR, GBP, HKD, JPY, NOK, NZD, SEK | SGD: GIRO, MEPS, FAST | Yes | | United Arab Emirates | AED | IPI, RTGS | No | | United Kingdom | GBP | Faster Payments, BACS, CHAPS | Yes | | United States | USD | ACH, Fedwire, FedNow, RTP | Yes | Availability may depend on your specific configuration or region. Some payment methods are only for eligible customers, subject to approval. *** ## How funds are received When funds are sent to a virtual account: * The transfer is processed through local or international banking rails * Funds are credited to your Treasury balance * A transaction is created in your ledger Incoming transfers can be tracked in the Console and via webhooks. *** ## Using virtual accounts Virtual accounts can be used flexibly across workflows: * Assign accounts to specific payers * Use accounts for funding Treasury balances * Support region-specific payment flows They are especially useful for: * Receiving bank transfers * Supporting local payment methods * Improving reconciliation *** ## Relationship to Collect Virtual accounts are also used in Collect to receive payments. * Treasury defines where accounts exist and what is supported * Collect defines how they are used in payment flows *** ## Key behaviors * Each virtual account is tied to a specific region and currency * Funds are credited directly to your balances * Incoming transfers create transactions in your ledger * SWIFT support enables cross-border funding in select regions *** ## Summary * Virtual accounts enable you to receive funds via local and international bank transfers * Supported regions define where accounts can be opened * Local and SWIFT funding methods vary by region * They provide flexible infrastructure for collecting and funding workflows