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Once a connected account is verified and the inbound_payments capability is activated, PIK issues it dedicated receiving details. For AUD, this is a Virtual Account Number — a real Australian BSB and account number. For USDT and USDC, PIK assigns a dedicated wallet address. Any third party can send funds to these details — no PIK account required. USD, HKD, and SGD have no inbound receiving mechanism. To fund these balances, receive AUD or stablecoins and use FX Conversion to convert.

Receiving AUD via Virtual Account Number

PIK issues each connected account a unique Australian BSB and account number. Anyone with an Australian bank account can transfer AUD directly to it.
Instruct senders to include a payment reference in their transfer description. PIK records this in the transaction data for reconciliation.

Receiving USDT and USDC

PIK assigns each connected account a dedicated wallet address for USDT and USDC inbound.
Important: Always confirm the supported network with PIK before instructing senders. Funds sent on an unsupported network cannot be recovered.

Additional Virtual Bank Accounts (USD, EUR, GBP, HKD, SGD and More)

PIK’s infrastructure supports the issuance of local virtual bank accounts in additional currencies beyond AUD — including USD, EUR, GBP, HKD, and SGD. These allow connected accounts to receive fiat transfers in local currency directly, without conversion.
These accounts are named — issued under the verified identity of the connected account. Availability may vary by account tier and jurisdiction. Contact hi@pik.global to enable additional currency virtual bank accounts for your platform.
To issue a virtual bank account in a non-AUD currency: Contact hi@pik.global with your platform ID, the target currency, and the connected account ID. PIK’s team will confirm availability and complete setup.

Third-Party Fund-In

PIK explicitly supports third-party fund-in. Connected account customers can share their VAN or wallet address with their own clients, employers, or counterparties and receive funds directly. The sender has no relationship with PIK.

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