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

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Currency Capability Matrix

CurrencyReceive InboundHold BalanceFX ConvertOn/Off RampPayout
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)✅✅❌✅
JPYContact hi@pik.global✅✅❌✅
Other currenciesContact hi@pik.globalContact PIKContact PIK❌Contact PIK

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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.
CurrencyLocal Account TypeSettlement RailInbound Supported?
AUDBSB + account numberNPP / Bank transfer✅ Live
USDRouting number + account numberACHContact hi@pik.global
EURIBANSEPAContact hi@pik.global
GBPSort code + account numberFaster PaymentsContact hi@pik.global
HKDBank account numberFPSContact hi@pik.global
SGDBank account numberFASTContact hi@pik.global
Contact hi@pik.global to enable virtual bank accounts in non-AUD currencies for your platform’s connected accounts.

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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.

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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

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On-Ramp and Off-Ramp

DirectionWhat It DoesExample
On-rampConvert USDT or USDC to AUD or USDReceive crypto, hold or pay out in fiat
Off-rampConvert AUD or USD to USDT or USDCReceive AUD, convert to USDT for withdrawal

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Third-Party Fund-In

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

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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}
FieldDescription
currencyCurrency code e.g. AUD, USDT, USDC
availableFunds available for conversion or payout right now
pendingInbound funds received but not yet settled

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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.