Fireblocks provides a unified settlement experience for your fiat accounts with settlement and transfer of both fiat and cryptocurrencies through our platform and across the Fireblocks Network.

You can connect your BCB Group BLINC accounts to your workspace to and receive fiat funds using the same operational and security workflows available for other digital assets.

Managing your fiat accounts

You can manage your fiat accounts using the Fireblocks Console and the Fireblocks API.

Using the Fireblocks Console

To connect your fiat account and manage it:

1. Go to My Accounts > Accounts > Fiat. 
2. Select + Fiat Account.

To learn more about connecting specific fiat accounts go to Connecting a BCB Group BLINC account.

You can also monitor all fiat withdrawals and deposits on the Recent activity panel. These transactions are also logged in your Transaction History.

Using the Fireblocks API

You can use the Fireblocks API to view your fiat account balances and create or retrieve fiat transactions by using the following API calls:

• List fiat accounts
• Create a new transaction
• Get a specific transaction by Fireblocks transaction ID
• Get a specific transaction by external transaction ID

Fiat memos and tags

As required by many counterparties, you can provide a unique description value (also known as a “memo”) for each user, which you can enter as part of the bank transfer details. This memo description populates the tag field of the transaction.

Sending fiat transfers

You can seamlessly send fiat funds to counterparties with Fireblocks, just like transferring any other digital asset.

Fireblocks Network connections

You can transfer funds through the Fireblocks Network if your counterparty has a fiat account with the same bank and currency connected to their Fireblocks workspace.

Exchanges

Fireblocks currently supports integrated fiat transfers for some exchange connections. Transfers to other exchanges can be made using whitelisted addresses.

Whitelisted addresses

You can whitelist BCB Group (BLINC) fiat account addresses like any other destination you want to transfer funds to. Learn more about whitelisting BLINC accounts.

Other fiat accounts connected to your workspace

You can send fiat funds to any of your other connected fiat accounts on your Console’s fiat page, or to other trusted counterparties whitelisted as external wallets. 

Withdrawing fiat

You can withdraw and deposit fiat using the Fireblocks Console and the Fireblocks API.

Using the Fireblocks Console

To transfer fiat via the Console, you can withdraw or deposit as with any other transaction.

Using the Fireblocks API

To transfer fiat via the API, use the Create a new transaction endpoint. Set the destination parameter as:

• type:
• Network members that have configured their system to accept transfers of that particular fiat type.
• Whitelisted wallets that include this fiat asset type as one of their assets. 
• Different fiat accounts of the same type.
• Exchange accounts that accept this fiat type per the feature list on our integrated exchanges page.
  Note: for an accurate representation of these types see the API endpoint page. 
• id: The fiat account’s unique ID on Fireblocks. You can find this by viewing all your fiat accounts.

Receiving fiat transfers

You can receive fiat funds from counterparties seamlessly with Fireblocks, just like receiving any other digital asset.

Receiving fiat funds from a counterparty

Network connections

You can receive funds through the Fireblocks Network if your counterparty has a fiat account in the same bank and currency connected to their Fireblocks workspace.

Sharing your deposit details

You can share your deposit account details with counterparties that do not use Fireblocks by selecting See Deposit Addresses. On the deposit address window, select Copy Addressnext to the appropriate deposit address and then share it with your counterparty.

Automatic sender identification

Once you whitelist a counterparty's address in an external wallet, any transfers from this address into your connected fiat accounts will automatically identify the external wallet as the source of the funds in both the Recent activity panel and the Transaction history.

Receiving fiat via the API

The deposit account number and address are available via the API.