Open an online business account in the EU and abroad

This is a type of account through which a company gets access to different financial features and tools for businesses. Genome also provides such accounts to our clients, which means they can store funds, perform and track transactions, transfer and receive money, start merchant accounts, make mass payouts, etc.

Opening a Genome business account is completed entirely online. The final verification usually takes up to 3 business days after your company details are submitted. To complete setup, an authorized company representative simply needs to provide a valid government-issued ID, official proof of business registration, corporate address documentation, ownership structure details, and tax residency information (TIN). Preparing these clear documents in advance ensures seamless approval so you can start using your online business account for international payments without delay. For more information, check the detailed guide on account opening.

Genome supports an online business account opening for legal entities incorporated across the European Economic Area (EEA), the UK, and dozens of international jurisdictions worldwide, provided the company operates outside prohibited regions. The full list of countries eligible for legal clients is presented on Genome’s website.

Genome supports a wide range of companies seeking an international business account. Popular supported industries include software as a service, accounting and auditing, logistics and courier services, e-commerce retail, travel agencies, event planning, and more. We also welcome select businesses from high-risk sectors. The full list of supported industries for low- and high-risk onboarding is available on Genome’s website.

Yes, Genome has a referral program available to verified business wallet users. By sharing your unique referral link generated in your dashboard, you earn commission from users who sign up and open a personal or a business wallet online through your invite and start performing transactions. You will receive 10% of the fees: their initial EUR IBAN account opening and incoming/outgoing SEPA transfers.

Your assigned pricing tier depends on your company’s industry, business model, country of incorporation, and corporate structure. The final risk level (low or high) is determined by the Genome team following due diligence and compliance checks.

Genome provides transparent, tiered pricing with clear fees and no hidden costs. Key charges include a one-time account opening fee and a monthly or annual maintenance fee for your account. Transaction fees apply to incoming and outgoing SEPA, SWIFT, and international bank transfers, as well as currency exchanges and card orders. You can review the full breakdown for both low-risk and high-risk pricing tiers on our dedicated pricing pages.

To receive SWIFT details and unlock cross-border transfers, you must first complete full business verification for your account. You also need to check if your company is eligible for SWIFT transfers. Once your online business account is fully onboarded and you’re eligible, you can go to the Account details menu on your dashboard and order SWIFT details. Using them, you can send and receive B2B payments across 160+ countries and territories, including major global hubs like the US, UK, Canada, Australia, Japan, Switzerland, and the UAE. Genome supports international payments in multiple currencies: EUR, USD, GBP, PLN, CHF, JPY, CAD, CZK, HUF, SEK, AUD, and DKK.

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 business and personal accounts within Genome and manage both via the app — from your dashboard.