Open a business account with Pro limits if you would like to trade for business purposes or on behalf of a business entity. With a business account you will enjoy the following benefits:
Funding requirements: Bank deposits and withdrawals can only be transferred to/from a business bank account registered under the same business name.
Crypto deposits and withdrawals may only come from or go to external wallets posessed by your business. As Kraken is not a wallet service, crypto funding should not involve a third party. (ex. business client wallets)
Document requirements: In order to apply for a business account with Pro limits, you will need to provide valid business documents and personal documents. To make sure you have all of the documents ready before you apply, download our Document Checklist. For more details visit: KYC for business accounts
The estimated processing time is five days. To speed up processing, please provide all documents that are requested in the application form. Verification times can increase pending any additional information or documentation that may be requested by our team. During periods of high demand, processing times can be slowed down considerably. If you experience a delay, it doesn't necessarily mean there is something wrong with your application.