---
title: What is the Veem Wallet?
description: The Veem Wallet is an electronic money transfer account that allows users to complete financial transactions easily and quickly in USD from around the world.
---

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1. [Help Center](https://help.veem.com/?hsLang=en)
2. [Veem Wallet](https://help.veem.com/veem-wallet?hsLang=en)

# What is the Veem Wallet?

## The Veem Wallet is an electronic money transfer account that allows users from around the world to complete financial transactions easily and quickly.

The Veem Wallet is a digital account that lets businesses and individuals worldwide send, receive, and hold funds quickly and securely — all in one place.

**Veem Wallet Functionality**

1. The Veem Wallet is available in all supported countries.
2. Supports 15 currencies: USD (US Dollar), CAD (Canadian Dollar), GBP (British Pound), EUR (Euro), AUD (Australian Dollar), INR (Indian Rupee), JPY (Japanese Yen), MXN (Mexican Peso), KRW (South Korean Won), SAR (Saudi Riyal), ZAR (South African Rand), TRY (Turkish Lira), IDR (Indonesian Rupiah), CNY (Chinese Yuan), PHP (Philippine Peso)
3. Receive payments directly to your wallet at no cost
4. Send payments funded by your wallet balance
5. Fund your wallet using: 
     - Bank account\*
     - Debit card
6. Withdraw funds to your linked bank account anytime, anywhere — live foreign exchange rates apply

*\*Bank account funding is only available in countries where bank-funded payments are supported by Veem. To check whether your country qualifies, see the full list of supported countries.*

If you would like to learn how to activate the Veem Wallet for your account, you can [see this article.](https://help.veem.com/hc/en-us/articles/360037486234-how-to-activate-the-veem-wallet?hsLang=en)

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