Virtual Accounts allow you to receive funds via standard bank transfers in multiple currencies. Instead of relying only on crypto or alternative payment methods, you can move money directly through traditional banking systems and manage everything inside your Karta balance.
What is a Virtual Account?
A Virtual Account gives you access to local banking details that you can use to receive funds directly into your Karta account.
Depending on the currency and transfer method, different banking details and payment rails may be available, such as ACH, wire transfers, SEPA, PIX, SPEI, and others.
Once the transfer is received and credited, the funds become available in your Karta balance and can be used across supported Karta services.
Who would need Virtual Accounts
Virtual Accounts are designed for Karta users who want a simple and flexible way to receive funds directly into their Karta account.
They may be suitable for:
Receiving salary or other employment-related payments;
Receiving payments for freelance or professional services;
Receiving payouts from supported platforms such as Upwork, Fiverr, YouTube, TikTok, and similar services;
Receiving funds from your own accounts.
Availability of specific payment types may depend on the banking partner supporting your Virtual Account. Some transfers may require additional information or verification and, in certain cases, may be declined or returned.
Why it’s useful
Virtual Accounts make it easy to move between traditional banking and digital spending.
You can receive money via bank transfer and immediately use it in your Karta account — no extra conversion steps, no additional tools, and no waiting to move funds between systems.
How to Open a Virtual Account
To open a Virtual Account, go to the Top Up section. You’ll see the available virtual account options — choose the one that works for you and complete a short additional verification.
As part of the verification, you’ll normally need to provide a valid Proof of Address matching the residential address you entered during registration. Accepted documents may include:
utility bills;
bank statements;
government or tax documents;
tenancy or rental agreements.
The document should clearly show your full name and residential address and, in most cases, must have been issued within the last 3 months.
Depending on your individual case, additional information or documents may also be requested during the review.
Opening a Virtual Account usually takes up to 5 minutes. In rare cases, additional checks may be required, and the review can take up to 10 business days.
Need help?
If you have any questions about Virtual Accounts or transfers, you can contact our support team directly in the app.