Banxe Help Centre

How to verify a Banxe Business Account?

There are two steps to complete to verify your Business account: validation of the Company and verification of a representative of the Company.

After you click on “Create a Business account”, please fill in the application form and send it to us from your account. In this application form, you will need to display the information related to your Company. 

In the application, you will be asked to provide the Company details, choose the reasons for opening the account, indicate the business activity, and provide information about the main business partners, the company’s representative, beneficial owners, and governing shareholders and customers representative. 

Please attach relevant documentation to your application. 

To open a corporate account with Banxe, there are two payments: a fee for the document review and a fee for opening an account. Those are payable separately in two installments.

Usually, verification takes one business day; after it is complete, you can use your Banxe Business account.

Verify Your Crypto Wallet


Once your Banxe account is open, you need to verify your crypto wallet:

1. Initiate a Crypto Transaction: Start any crypto transaction in your Banxe account.
2. Verify Your Account: The system will prompt you to verify your account.
3. Upload your national ID or passport.
4. Complete the face identification process.

Please note that one individual can only verify one crypto wallet. If the UBO of the Company has a personal account with Banxe, then another responsible employee should pass the verification of the crypto wallet. One individual can only verify one crypto wallet.

After completing these steps, you can fully use your crypto wallet.