All Collections
Managing My Account
Identity Verification
How to open an Indian corporate account?
How to open an Indian corporate account?

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

Updated over a week ago

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 bottom for the appendix, XREX_LOA.

  • Board Resolution
    Required to be signed/sealed by the person in charge and must include the signed date and a corporate stamp.

  • Company Information of the Ministry of Corporate Affairs
    Official Website of MCA → Select “MCA Services” → Click “Master Data” → Click on “View company” or “LLP Master Data” → Download the Page

  • Certificate of Incorporation

  • Memorandum & Articles of Association (or by-laws)
    Required to be signed/sealed by the person in charge and must include the signed date and a corporate stamp.

  • Goods and Services Tax Certification

  • Corporate PAN

  • Shareholder Registry
    Required to 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)
    The document must indicate the ultimate individual shareholders and is required to be signed/sealed by the person in charge and must include the signed date and a corporate stamp.

  • Financial Statement (issued within the last 3 months)
    Provide a bank statement that showcases the company’s name and is dated within the last 3 months.
    To apply for a Premium Account, please also 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 10% of total shares):

The following individuals must complete this section:

1. Account holder

2. Directors

3. Shareholders own more than 10% of total shares

  • Aadhaar
    Take a live photo of your Aadhaar card (front and back sides).

  • Selfie with Aadhaar

  • Take a real-time selfie of you holding your Aadhaar 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.

  • PAN
    Take a live photo of your PAN card (front side).

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

Did this answer your question?