It is possible to open multiple Business accounts for companies belonging to the same registered owner. In order to open a Business account for more than one company, all accounts must belong to the same registered owner and will be managed with the same Private account login.
How to register multiple Business accounts?
After completing KYC, the owner should request a Business account registration by sending a message via his/hers Private account‘s message centre. The request message should include company‘s name, registered email address and phone number, as well as company details for issuing an invoice.
After receiving the data, we will issue an invoice for document verification fee (100.– Euros) that is non-refundable.
Next, when the verification fee has been received, the client will get instructions on company‘s KYC/AML requirements via an internal message. After company‘s documentation has been verified, the client will be requested to settle the Business account setup fee. After the payment has been settled, the client will receive a welcome confirmation message for the new Business account.
Business accounts can be accessed only by login into Private account first and then switching to Business account dashboard via top menu Profile drop-down.
Opening an account for an additional Business account
To open an additional Business account belonging to the same registered owner who has a Private account with Octopus Pays – the owner should send a new request for opening a Business account via the internal message centre.
The request message should include an email address unique to the particular Business account, company‘s name and phone number, as well as company details for issuing an invoice.
After completing company’s KYC process and settling all the setup fees, a new Business account will be added to the Private account. All Business accounts can be accessed by login into the same Private account and switching to the particular Business dashboard via the top menu profile drop-down.