Due now supports named USD virtual accounts for business accounts. If your platform serves business customers that need to receive USD, you can issue each of them dedicated USD account details in their own company name, collecting over ACH, Wire, and SWIFT through one integration.
Who this is for
This fits any platform whose end customers are businesses receiving USD:
- Marketplaces collecting from business sellers
- Payment service providers and gateways whose SMB merchants settle in USD
- Fintechs onboarding corporate clients that need a USD account to receive payments
Instead of building US banking relationships in-house, you integrate once and issue named USD accounts to every business customer you onboard. The accounts are named, so your customer's own company name appears on the details they share with payers, rather than a provider's.
What it supports
A USD virtual account collects through US domestic rails and SWIFT. Pay-in settlement times:
Each account is unique to the customer you issue it to, so incoming payments attribute automatically with no manual reference matching.
Getting set up
Issuing a USD account to a business customer follows a short path. The business completes standard KYB first. If it was already verified on another platform that uses Sumsub, you can import that verification rather than starting over. After approval, your platform requests access to the USD business channel, supplies any company information Due still needs, and then creates the account.
The full step-by-step, including the API calls and exact requirements, is in the Due documentation.
One integration for moving money globally
Named USD virtual accounts are one piece of what Due does. The same API gives platforms:
- Local payment rails across 80+ countries, for collecting and paying out in local currencies
- Stablecoin networks, so you can settle in stablecoins alongside fiat
- Compliance handled, including KYC/KYB and licensing across markets
- One integration, instead of stitching together a separate provider per market
If you want to see how USD virtual accounts, or the wider platform, fit what you're building, book a demo and we'll walk through your use case.
Disclaimer: Due is not a bank. Banking services, including USD account details, are provided by Due's regulated bank partners.
