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How to Create a EUR/USD Virtual Account

Christiana avatar
Written by Christiana
Updated this week

1. Log In

  • Open the Eversend app and sign in.

2. Access Wallet

  • Navigate to your USD or EUR wallet.

3. Create Virtual Account

  • Tap ➕ Add Money.

  • Select Bank Transfer → generates a virtual account in your name.

  • Ensure sufficient funds to cover the account creation fee.

4. Complete KYC

  • Go through the KYC verification process.

  • Once approved, the account activates within minutes.

5. Manage Your Account

  • Disable anytime to avoid maintenance fees.

  • While disabled → no charges apply.

  • To re-enable → pay the monthly fee if the subscription has expired.


⚠️ Important Notes

  • Direct Transfer: Always include the reference number (to avoid delays/misplaced funds).

  • All Transfers: The amount sent must match the amount entered in the app for smooth processing.


💰 Pricing & Fees

  • Account creation: €2 / $2 (currently waived).

  • Minimum transaction: €20 / $20

  • Transaction fee: 0.7% (minimum €2 / $2)


⏱ Processing Times

  • USD (ACH): 1–2 business days

  • USD (Wire): Same day

  • EUR (SEPA): Instant (EU & UK, unless flagged for compliance)

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