> ## Documentation Index
> Fetch the complete documentation index at: https://developer.me-cash.com/llms.txt
> Use this file to discover all available pages before exploring further.

# meCash Virtual Accounts

> Manage static and dynamic virtual bank accounts for automated payment collections and reconciliation.

Virtual accounts give your business bank account numbers that map directly to your meCash wallet.
Assign them to customers, collect payments via standard transfers, and reconcile everything from a single ledger.

## Supported currencies

| **Currency**    | **Code** | **Status** |
| --------------- | -------- | ---------- |
| Nigerian Naira  | NGN 🇳🇬 | Available  |
| Malawian Kwacha | MWK 🇲🇼 | Available  |
| US Dollar       | USD 🇺🇸 | Available  |

> 📋 **More currencies coming soon** - We're continuously expanding to new corridors. Check your dashboard or our release notes for the latest updates.

## 💳 Account Types

### Static Virtual Accounts

**Ideal for**: Recurring payments, long-term customers, and subscription services.

**Key features**:

* **Permanent account numbers** that never expire.
* **Accept multiple deposits** from the same customer.
* **Perfect for ongoing business relationships** .
* **Simplified customer experience** with consistent payment details.

### Dynamic Virtual Accounts

**Ideal for**: One-time invoices, time-bound campaigns, and specific payment scenarios.

**Key features**:

* **Dual-constraint design** - controlled by both time and amount parameters.
* **Time-driven expiration** - auto-expires after your set duration.
* **Amount-driven closure** - automatically closes once the exact payment amount is received.
* **Enhanced security** for controlled payment scenarios.
* **Perfect for invoice payments and campaign collections**.

## ⚡ Settlement Options

* **Instant** : Funds are credited to your wallet immediately after successful payment. It is useful for real-time cash flow, just-in-time fulfillment, and urgent payment processing.
* **T+1** : Funds settle to your wallet on the next business day. It is easier reconciliation and Scheduled financial operations.

## How the flow works

```mermaid theme={null}
sequenceDiagram
    title: Virtual Account Collections Flow

    participant Customer
    participant Business as Your Business
    participant MeCash as meCash

    Customer->>Business: Request payment details
    Business->>MeCash: Create virtual account
    eCash-->>Business: Virtual account number
    Business-->>Customer: Share bank details

    Customer->>meCash: Transfer funds
    MeCash-->>Business: Wallet credited + webhook
    Business-->>Customer: Confirm payment

    Note over meCash: Settlement occurs per agreed schedule (Instant or T+1)
```

<AccordionGroup>
  <Accordion icon="1-circle" title="Generate a virtual account">
    Call the static or dynamic endpoint to issue a bank account number tied to your wallet.
  </Accordion>

  <Accordion icon="2-circle" title="Share payment details">
    Provide the account name and number so customers can pay through their preferred banking channel.
  </Accordion>

  <Accordion icon="3-circle" title="Collect the transfer">
    Incoming funds credit your wallet automatically. You also receive a webhook for each deposit.
  </Accordion>

  <Accordion icon="4-circle" title="Reconcile and settle">
    Monitor wallet balances, then sweep funds to your bank per your instant or T+1 settlement schedule.
  </Accordion>
</AccordionGroup>

## Next steps

* Issue a permanent account with the [`Create Static Virtual Account`](/virtual-accounts-docs/static-virtual-account) guide.
* Generate time-bound accounts for campaigns in [`Create Dynamic Virtual Account`](/virtual-accounts-docs/dynamic-virtual-account).
* Retrieve account details with [`Get Virtual Account`](/virtual-accounts-docs/get-virtual-account).