Banking & Fiat Rails
Each Encrypto user holds virtual bank accounts across every currency Encrypto supports. Licensed banking partners issue a virtual account for each rail. Fiat sent on any rail lands in that rail's native currency, automatically converts into a stablecoin, and is immediately spendable on the card or routable to any other rail.
Supported rails
| Currency | Region | Rail | Account format | Status |
|---|---|---|---|---|
| USD | US | ACH / Wire | Routing + account number | Live |
| EUR | EU / EEA | SEPA | IBAN + BIC | Live |
| MXN | Mexico | SPEI | CLABE | Live |
| BRL | Brazil | PIX | PIX key | Live |
| GBP | UK | Faster Payments | Sort code + account | Beta |
| ARS | Argentina | Regional bank rail | CBU / CVU | Live |
Deposits
Fiat sent to an Encrypto virtual account automatically converts to a stablecoin and lands spendable on the card. Send a wire or ACH to the routing and account number Encrypto provides, and the balance is spendable immediately.
Withdrawals
Bank accounts connect through Plaid, which verifies ownership (see Security). Each connected bank is paired with a per-rail liquidation address, unique per chain, rail, currency, and bank account. Two paths use this mechanism.
In-app. Open Send, enter the amount, pick the connected bank. Done.
Manual. Pick a chain, stablecoin, and method (wire/ACH same-day or 2-3 days, SEPA, PIX, SPEI, FPS, CBU/CVU, Mercado Pago). Send a stablecoin to the returned liquidation address. It lands in the connected bank; wrong chain strands the funds.