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How can I open  a business | Account?  
How can I open  a business | Account?  
Updated this week

The business | Account is aimed at businesses or freelancers who want a full

functional IBAN account from wants the following:

- Ability to accept card payments

- Ability to transfer money to and from other accounts

- Ability to issue and use a debit card

Visit and select "Create an Account", if you want to create your | Account for business use.

You will be asked to:

  • Fill in your business name

  • Select the industry to which your business belongs

  • Indicate your company's head office

  • Enter your company's website (if available)

  • Select the annual turnover of your business

  • Your e-mail address

  • Enter your mobile phone number

  • Tap if you are interested to use the | Terminal app

  • Lastly, type your name

You will then receive a notification to the E-mail you have provided to continue the registration process.

1. Create Account Credentials

  • We will ask you to create your login details (enter your details and create your password).

  • Verify your phone by entering the OTP password you received in your mobile number.

2. Business Details & Account Payout

  • Fill in your business details (Country, Business Type, Business Type, General Tax Identification Number, Business Tax Identification Number, and Monthly Transaction Amount).

  • Indicate if you are the legal representative of the business.

  • Choose to create a IBAN as your payment method

💡 Useful Information!

In the UK only the business | Account is available.

3. Personal & Business Information

  • Login to your account.

  • Start the process of entering your data: father's name, date of birth, place, and country of birth, and home address.

  • Confirm if you are/aren't a US citizen

  • Enter your tax country and your VAT number.

  • Confirm the financial and transactional information of your Business (Annual Amount of Incoming/Outgoing Remittances etc.)

  • Enter the date of incorporation, the address of your Business, and its financial information.

  • Fill in the necessary beneficial owner details (if any).

You will then proceed to update your business details and the system will direct you accordingly.

Finally, you will proceed to update the details of the persons connected to the business.

Your business | Account has been created.

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