Business accounts
Besides quick signup and online onboarding, Genome provides businesses with a full set of services and tools for financial operations once they open an online business account. Secure SEPA transfers, multi-currency account opening in EUR, USD, GBP, PLN, CHF, JPY, and CAD, beneficial currency exchange, mass payments, virtual and physical cards - all in one Genome ecosystem.
Business accounts
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Business accounts
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Business accounts
Genome has SEPA transfers available. Have business partners that use Genome as well? Receive and send funds to them instantly via our internal transfers. Save and schedule transfers.
Do business transfers in your company name, generate account statements in PDF or CSV, and send batch transfers. Share access to business accounts and assign roles to your employees with the My Team feature.
Make and track business transactions and marketing expenses. Pay securely on business trips with a slick black matte corporate card, or activate it virtually with instant access.
Genome makes sure your money and information are safe with Strong customer authentication (SCA) features for all payer-initiated transactions (2FA, OTP passwords, etc.).
Once you have a company account within Genome, you can apply for a virtual debit card online. Issue multiple virtual cards with ease and use them for different purposes - from paying for business trips to buying media and subscriptions.
Recommend Genome to colleagues and other businesses. You will start getting bonuses when these companies start a EUR IBAN account with your link and begin using it. More info about the referral program.
Business accounts
After you open a business account online, you get to use the access management feature. The other employees need to sign up and pass the identity verification so the process is secure. Once they have completed the KYC, invite them to operate the business account together.
Business accounts
Keep an eye on your business. Your electronic payments are protected with multi-factor authentication for maximum security as a part of SCA (strong customer authentication) requirements. Confirm your logins with OTPs, generate account statements, check reports, and always be in control of your money flows.
Business services
Genome business
Find answers here or contact us using the application form
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What is a business account?
This is a type of account using which a company gets access to different financial features and online business bank tools. Genome also provides business accounts to our clients, which means they can store funds, perform and track transactions, transfer and receive money, etc.
What do you need to open a business account?
Banks and payment service providers have varying requirements for companies that want to apply for the account. Commonly, a person will need to identify themselves and provide some documents that verify information about their companies to open a business bank account online. To get Genome’s business account, you will need a document that will help with your identification (like an ID card or a passport), company incorporation documents, proof of ownership, a phone, and a web browser.
How long does it take to open a business account?
It depends on how long it takes a bank or a payment service provider to review your application for an online business bank account. Some of them take a long time to do so. At Genome, you can start a business account within 72 hours.
What’s the difference between a personal account and a business account?
As the names of the accounts suggest, the former is used for a person’s own funds, while the company’s money is stored within a business account. Banks and PSPs usually require that you store your personal and company’s money accordingly. Moreover, mixing the two will make many processes, like paying taxes, more complicated. You can open both personal and business accounts within Genome and manage both via the app — from your dashboard.