Wallets & Balances

Every PIK account has a multi-currency wallet that holds balances in multiple currencies simultaneously.

Currency Capability Matrix

Currency	Receive Inbound	Hold Balance	FX Convert	On/Off Ramp	Payout
AUD	✅ Via Virtual Account Number (BSB)	✅	✅	✅ Off-ramp to crypto	✅
USDT	✅ Via dedicated crypto wallet address	✅	✅	✅ On-ramp to fiat	✅
USDC	✅ Via dedicated crypto wallet address	✅	✅	✅ On-ramp to fiat	✅
USD	✅ Via virtual bank account (contact PIK)	✅	✅	✅	✅
EUR	✅ Via virtual bank account (contact PIK)	✅	✅	❌	✅
GBP	✅ Via virtual bank account (contact PIK)	✅	✅	❌	✅
HKD	✅ Via virtual bank account (contact PIK)	✅	✅	❌	✅
SGD	✅ Via virtual bank account (contact PIK)	✅	✅	❌	✅
JPY	Contact hi@pik.global	✅	✅	❌	✅
Other currencies	Contact hi@pik.global	Contact PIK	Contact PIK	❌	Contact PIK

AUD Currencies

In addition to AUD Virtual Account Numbers, PIK supports virtual bank accounts for additional currencies. These allow connected accounts to receive local fiat transfers directly — without conversion or SWIFT.

Currency	Local Account Type	Settlement Rail	Inbound Supported?
AUD	BSB + account number	NPP / Bank transfer	✅ Live
USD	Routing number + account number	ACH	Contact hi@pik.global
EUR	IBAN	SEPA	Contact hi@pik.global
GBP	Sort code + account number	Faster Payments	Contact hi@pik.global
HKD	Bank account number	FPS	Contact hi@pik.global
SGD	Bank account number	FAST	Contact hi@pik.global

Contact hi@pik.global to enable virtual bank accounts in non-AUD currencies for your platform’s connected accounts.

How Wallets Work

Inbound AUD bank transfer → credits AUD balance
Inbound USDT on-chain → credits USDT balance
Inbound USDC on-chain → credits USDC balance
FX conversion → debits source currency, credits target currency
Payout → debits the relevant currency balance

Funds never leave PIK custody until a payout is executed to an external bank account or wallet address.

How to Fund a USD, HKD, or SGD Balance

Path 1 — Receive AUD then convert:

Receive AUD via VAN → FX convert AUD to USD / HKD / SGD

Path 2 — Receive crypto then convert:

Receive USDT or USDC via wallet address → FX convert to USD / HKD / SGD

On-Ramp and Off-Ramp

Direction	What It Does	Example
On-ramp	Convert USDT or USDC to AUD or USD	Receive crypto, hold or pay out in fiat
Off-ramp	Convert AUD or USD to USDT or USDC	Receive AUD, convert to USDT for withdrawal

Third-Party Fund-In

Any third party can send funds to a connected account’s VAN or wallet address without needing a PIK account.

Retrieve Wallet Balances

http

GET /api/v1/accounts/{connected-account-id}/wallet/balances
Authorization: Bearer YOUR_PLATFORM_API_KEY
x-on-behalf-of: {connected-account-id}

Field	Description
currency	Currency code e.g. AUD, USDT, USDC
available	Funds available for conversion or payout right now
pending	Inbound funds received but not yet settled

Move Funds Between Wallets

http

POST /api/v1/transfers

Transfers cannot exceed the available balance — attempting to do so returns a 402 INSUFFICIENT_BALANCE error.

Virtual Accounts

Payouts

Currency Capability Matrix

AUD Currencies

How Wallets Work

How to Fund a USD, HKD, or SGD Balance

On-Ramp and Off-Ramp

Third-Party Fund-In

Retrieve Wallet Balances

Move Funds Between Wallets

​Currency Capability Matrix

​AUD Currencies

​How Wallets Work

​How to Fund a USD, HKD, or SGD Balance

​On-Ramp and Off-Ramp

​Third-Party Fund-In

​Retrieve Wallet Balances

​Move Funds Between Wallets

Currency Capability Matrix

AUD Currencies

How Wallets Work

How to Fund a USD, HKD, or SGD Balance

On-Ramp and Off-Ramp

Third-Party Fund-In

Retrieve Wallet Balances

Move Funds Between Wallets