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This page is for product and engineering teams evaluating Meld’s Virtual Account product. It explains what virtual accounts are, how onramp vs offramp flows work, and when this product is the right choice. For a step-by-step integration, jump to the Virtual Account Quickstart.

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What are virtual accounts?

A virtual account is a dedicated set of receiving details — a bank account number, IBAN, or crypto address — assigned to a specific customer. When funds arrive at those details, the provider automatically converts and settles them to the destination you configured (e.g. a crypto wallet for onramp, or a bank account for offramp). Onramp (fiat to crypto): The customer receives unique bank details (ACH routing + account number, SEPA IBAN, etc.). They deposit fiat from their bank; the provider converts it and delivers stablecoin to the specified wallet address. Offramp (crypto to fiat): The customer receives a crypto deposit address. They send stablecoin from their wallet; the provider converts and pays out fiat to the bank details on file. In this flow, typically a virtual account is not created per business / user unless necessary. Instead the onramp sends money directly from the provider’s funding account to the business’ / user’s end bank account. Because each virtual account is unique to a customer, deposits are automatically attributed — no manual reference matching required. Meld orchestrates the provider integration, KYC, quoting, and settlement tracking so you work with a single API surface regardless of which provider (Noah, Due, etc.) handles the underlying rails. Please reach out to Meld for more information about virtual accounts and how to enable them.