Create a Virtual Account

Account Format

In Argentina, the CVU (Clave Virtual Uniforme) is a 22-digit numeric code used by virtual accounts issued by PSPs (Payment Service Providers).

Structure:

• Positions 1-3: 3 digits - Issuing entity (PSP) code.
• Positions 4-7: 4 digits - Account type identifier within the PSP.
• Position 8: 1 digit - Verification digit (checksum).
• Positions 9-21: 13 digits - Unique account number within the PSP.
• Position 22: 1 digit – Control digit (checksum validator).

Example: 0000003112345678901234

Account Format

In Brazil, each virtual account is identified by a Pix Key (alias) and accepts incoming funds through both Pix and TED. Both rails resolve to the same underlying account, and your integration receives the same webhook notification regardless of which rail the payer used.

For both TED and Pix transfers, the payer can use the following three fields from the API response:

• beneficiary.bank.code — the bank code.
• beneficiary.bank.branch.code — the branch (agency) code.
• beneficiary.bank.account.number — the account number.

For Pix only, the payer can alternatively use the Pix Key (alias) returned in beneficiary.bank.account.aliases. No other fields are required.

Pix Key structure:

A Pix Key can be one of the following formats:

• Mobile phone number: 10 digits — the beneficiary's registered cell phone number.
• Email address: the beneficiary's registered email.
• Random key: Alphanumeric string generated by the system.

Notes:

• Individual accounts (PF) may register up to 5 Pix Keys, while corporate accounts (PJ) may register up to 20.

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Be aware of local bank transfer limits and security rules to avoid transaction rejections. Refer to the Chile country guide for detailed information.

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Costa Rica Virtual Accounts

• Virtual accounts in Costa Rica cannot be disabled once created. To stop receiving payments, delete the account instead.
• The IBAN follows the format CR + 20 digits (e.g., CR75090100056938278310).
• According to SINPE regulations, Virtual Accounts with no movement for over 90 days must be inactivated. In practice, inactivation runs automatically on the first Tuesday of each month at 00:00 CR time.

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Mexico SPID

To request a virtual account for USD transfers via Mexico's SPID system, please note:

• Available Banks: Consult the list of supported banks and codes for transfers.
• Localpayment Account:You must have a USD Localpayment account to receive funds. If you don't have one, please contact our Support Team to have it set up before proceeding.

Account Format

In Mexico, virtual accounts must use the standardized CLABE (Clave Bancaria Estandarizada) number.

Structure:

• Positions 1-3: Bank Code (assigned by Banco de México)
• Positions 4-6: Branch/Office Code (geographic location)
• Positions 7-17: Customer Account Number
• Position 18: Control Digit (checksum)

In Mexico, local bank transfers in Mexican Pesos (MXN) are conducted through two main clearing systems:

• SPEI (Sistema de Pagos Electrónicos Interbancarios): a real-time interbank payment system operated by Banco de México, enabling fund transfers between banks within seconds. Transactions typically settle instantly, and accounts must be identified using the standardized CLABE number.

• TEF (Transferencia Electrónica de Fondos): a payment method in Mexico operated by CECOBAN used for interbank transfers, where transactions are processed on the next business day. It requires the standardized CLABE account number for identification, is only available on business days according to the Mexican banking schedule, and is commonly used for payments that are not time-sensitive, such as scheduled supplier disbursements or recurring transfers where immediate settlement is not required.

For U.S. Dollar (USD) transfers between Mexican bank accounts, we provide access to SPID.

• SPID (Sistema de Pagos Interbancarios en Dolares): is the specialized Mexican payment system for domestic, interbank transfers in U.S. Dollars. It enables companies based in Mexico to move USD funds efficiently between accounts held at different banks within the country.

How SPID Works:

• Processing Schedule: Available on Mexican banking business days, between 8:00 AM and 5:00 PM (UTC -6). Transactions are processed in batches throughout the day.

• Account Requirement: Transactions are processed using the standardized CLABE number for the recipient's USD account.

• Typical Applications: Best suited for B2B payments, international supplier settlements, and other corporate treasury operations where funds must remain in USD.

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Important:

• The currency (PEN or USD) of your virtual account is determined by the configuration of your Localpayment account.

• If you require payins to your virtual account exceeding 30,000 PEN, you must contact our support team.

Account Format

In Peru, virtual accounts use the CCI (Código de Cuenta Interbancario) format, which is a standardized 20-digit interbank account code.

Structure:

• Positions 1-3: 3 digits - Bank code (assigned by SBS - Superintendencia de Banca, Seguros y AFP)
• Positions 4-6: 3 digits - Branch number
• Positions 7-18: 12 digits - Unique account number within the bank
• Position 19-20: 2 digit - Control digits (checksum validator)

Example: 92250610000000101419