How to open a corporate account?

A step-by-step guide to applying for a corporate XREX account.

Updated this week

Before getting started:

  • Please ensure you have registered at XREX. If you haven’t, kindly sign up through the XREX Website or download the XREX App.
    How to open an XREX crypto-fiat exchange account?

  • Please note that the same email and mobile number can only be used to register one XREX account.

Written steps to acquire the Corporate Application Form:

  1. Click Verify now from the homepage.

  2. Select the Corporate icon.

  3. Click Go corporate.

  4. Press Apply & contact me, and you'll receive an email with further instructions and an application form.

  5. Kindly complete and submit the required documents/details within the Corporate Application Form, and the XREX team will take over from there.

Required Documents:

Please note that only JPG, PNG, JPEG and PDF are accepted as file types.

Corporate:

  • Letter of Authorization (LOA)
    Please refer to the template - XREX LOA.

  • Certificate of Incorporation

  • Memorandum & Articles of Association (or by-laws)
    Any document issued over 6 months ago must be signed/sealed by the person in charge and must include the signed date and a corporate stamp.

  • Certificate of Incumbency/Good Standing (issued within the last 6 months)

  • Proof of Business Address
    A bank statement or utility bill issued within the last 3 months and showcases the company’s name and address.

  • Shareholder Registry
    Any document issued over 6 months ago must be signed/sealed by the person in charge and must include the signed date and a corporate stamp.

  • Director Registry
    The document must show at least 2 directors unless only one director is appointed. Any document issued over 6 months ago must be signed/sealed by the person in charge and must include the signed date and a corporate stamp.

  • Company Ownership Structure (for a multiple-layer company only)
    Indicating the ultimate individual shareholders.

  • Financial Statement (for a Premium application)
    To apply for a Premium account, please provide a document showing the "current" Fiat and/or Virtual asset balance in Banking or Exchange and the total asset balance shall exceed USD 300,000.
    Please be reminded that:

    • Any fiat-related assets document shall indicate the company’s name, balance, issue date (within 3 months), and transaction dates.

    • Any virtual-related assets document shall indicate the company’s wallet address and account profile.

    • Annual financial statements or tax statements audited (within a year) by an independent third party are acceptable on a case-by-case basis.

Account Holder/Directors/Ultimate Beneficial Ownership Documents (owns more than 25% of total shares):

The following individuals must complete this section:

1. Account holder

2. Directors

3. Shareholders own more than 25% of total shares

  • Proof of Identity:
    Take a live photo of your valid passport or identity card (front and back sides).

  • Selfie with Provided Proof of Identity:
    Take a real-time selfie of you holding your proof of identity document beside your face. Please ensure that the document and your face are fully visible in the photo and that no physical objects are covering the document.

  • Proof of Address:
    Take a live photo of your bank statement, utility bill (issued within the last 3 months), or a government-issued document that showcases your full name and address.

Please note that the document must be different from the document you provided as proof of identity.

The services provided depend on the jurisdiction of your nationality and location.

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