Due to current volumes, your application may take two weeks or more to process.

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.

We can only begin processing your application when all of the required documents have been received. To expedite the process, please be sure to download the Business Account Document Checklist to make sure you include all relevant documents in your initial application.

Yes, you can use your company credit or debit card to fund your Business account. Please note that standard credit and debit card transaction limits apply. Please checkout our Credit & Debit Card FAQ to learn more.

No, you cannot transfer funds between your Kraken business and personal accounts.

If you have a personal account that has already been verified, you may be able to convert it to a business account if you have no transaction history on the account. To request an account conversion, please submit a request to our Support team.

If you mistakenly applied for the wrong account type (i.e. you applied for a personal account but would like to apply for a business account instead, or vice-versa) you may be able to convert your account to the correct type if you have no transaction history on the account. To request an account conversion, please submit a request to our Support team.

Various corporate entity types and retirement plans can open a business account. Some of those types include:

This list provides an overview of various industries and business types. If you're unsure how to classify your business, refer to the sections below for definitions and examples.