From the home screen, tap Add Cash
Look at the Cash Deposit section
Choose the currency you want to deposit in
Your virtual account details will be displayed, including account details, beneficiary name, deposit limits, and other instructions
Use these details in your sending bank's transfer flow. For USD Wire transfers, you can also access details by selecting your USD virtual account and opening the Wire tab.
A note on beneficiary names
Your GBP & COP virtual accounts use a business beneficiary name. Your USD, EUR, MXN, and BRL accounts use your own legal name. Either way, copy the details exactly as shown in the app and the transfer will be matched to your account. Ensure that the sender name on the transfer matches the name on the receiving account (e.g., IBKR account) to avoid rejection.
Transfer Methods for USD Virtual Accounts
Plasma's USD virtual account supports both ACH and Wire transfers. However, it is important to note:
ACH Transfers: Some institutions, like IBKR, may not accept ACH deposits unless they originate from a US-issued bank account. In such cases, Wire transfers are recommended.
Wire Transfers: Wire transfers are generally accepted from international accounts, making them a reliable option for deposits. Ensure the transfer method selected in Plasma matches the method configured on the receiving institution's side to avoid the transfer being returned.### TIN/TRN Requirement for USD Virtual Accounts During the setup of your USD virtual account, you may be required to provide a Tax Identification Number (TIN). Ensure that the TIN matches your country of residence, as TINs from other countries are not accepted. For U.S. residents, this typically means providing your Social Security Number (SSN).
This article is informational. The Plasma User Agreement, Cardholder Agreement, and Privacy Policy govern your account and control in the event of any inconsistency.