Veem and Citi Announce Virtual Bank Account Collaboration

Veem's expanded work with Citi brings U.S. Virtual Bank Accounts to more eligible customers, with local payment details and no monthly account fee.

VEEM NEWS Veem and Citi work together to minimize the barrier to access U.S. banking Veem officially announced the launch of USD Virtual Bank Account capabilities with Citi at Money 20/20 USA. By connecting Citi's U.S. banking infrastructure with Veem's global payments platform, the collaboration gives eligible businesses access to named USD accounts alongside collections and make payouts. Veem worked closely with Citi to shape this capability around the needs of businesses working in U.S. dollars, whether they're based in the U.S. or doing business there from abroad.   Key product features A U.S. Virtual Bank Account comes with dedicated account and routing details in your business name, without requiring a physical presence in the U.S. With your account, you can: Eliminate costly wire fees on international transfers Receive USD from U.S. payers through local methods like ACH Keep USD in Veem and use your balance to send payments Fund and withdraw funds whenever you want Exploring a different market? Depending on your eligibility, Virtual Bank Accounts are also available in CAD, GBP, and EUR.   How to get your U.S. Virtual Bank Account You can apply online through Veem at no cost. There's no need to visit a U.S. bank branch or establish a physical presence either. Go to Virtual Bank Account in your Veem account Complete a brief, online application and provide any missing documentation That's it! Once approved, you can find your account and routing numbers in the same place you applied for your Virtual Account. START APPLICATION   Take advantage of Veem's Wallet Rebate Program Fund your Veem Wallet with $1,000 USD, or the equivalent amount in CAD, GBP, or EUR, by November 23, 2026, and maintain your qualifying balance to earn up to 3.5% annual rebates. Terms and conditions apply. Learn more. FUND YOUR WALLET Email us Help Center Veem Payments Inc. 1160 Battery Street, Suite 100 San Francisco, California 94111 Copyright © 2025, all rights reserved. Services Provided by Veem Payments Inc. NMLS #1485885 under its applicable Licenses. Terms of Use | Privacy Policy

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