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Personal accounts

Receive income as a Ukraine-registered sole proprietor

Open account
Receive income as a sole proprietor

Personal accounts

Personal accounts for Ukrainian sole proprietors

Genome allows individual entrepreneurs registered in Ukraine to start personal wallets inside its platform. Within the wallet, you can open multiple accounts in different currencies. Accept money transfers, receive income, and order virtual and physical cards to make payments online and on the go.

Sole proprietor account dashboard

Why Genome?

Genome is an Electronic Money Institution licensed by the Central Bank of Lithuania and is under its supervision. We provide multi-level protection for each personal wallet: two-factor authentication, digital signatures, and automatic fraud protection. Genome serves customers all over the EU, and recently we also made it possible for Ukrainians to open accounts.

Open account

Accounts

What you get with a personal wallet:

Dedicated IBAN account

Dedicated IBAN account

You automatically receive a separate IBAN account in euros to make purchases and pay for services abroad.

Add accounts in seconds!

Add accounts in seconds!

Add more accounts in EUR, GBP, USD, PLN, CHF, JPY, and CAD to your wallet instantly. It will allow you to easily exchange funds.

Receive income

Receive income

Receive transfers in euros. Start a sole proprietor account at Genome and receive income delay-free!

Get virtual and physical cards

Get virtual and physical cards

Order debit Visa cards online! Start using virtual cards right away online or via Google Pay and Apple Pay. We deliver physical cards around the EU.

Make transfers

Make transfers

Genome offers its clients instant internal transfers as well as SEPA transfers — all easily managed within one dashboard.

Special pricing for Ukrainians

Special pricing for Ukrainians

In regards to Genome’s special initiative, Ukrainians can start accounts for free and get discounts for some of our other services.

Personal accounts

How to start a personal wallet at Genome:

Go to my.genome.eu and sign up to Genome using your email or phone number.

Sign up to Genome

Proceed, and choose the "Personal wallet" option.

Choose the “Personal wallet” option

Fill in some personal details about yourself.

Fill in some personal details

Pass the identity verification using your phone and ID.

Pass the identity verification

Personal accounts

What should sole proprietors do next?

Step 1 - Open a sole proprietor account

Once your personal wallet is available, go to Personal accounts. When there, hit the + button in the top right corner and open a sole proprietor account. When doing so, choose the currency of your sole proprietor account (EUR, GBP, USD, PLN, CHF, JPY, or CAD).

Step 2 - Get the account details

Then, get back to the dashboard and click the Top up button. Choose a sole proprietor (SP) account and click the Account details button. You can copy and send all the account details to the necessary source.

Step 3 - Share the account details

Send details to financiers and representatives of the legal department of your company, or to your employer.

Step 4 - Receive transfers

When this is done, you will be able to receive transfers to your sole proprietor account with Genome. Transfer money to accounts in other banks using SEPA transfers and between the accounts within Genome.

Step 5 - Pay taxes to Ukraine

When receiving funds to the sole proprietor account, remember that you will need to pay taxes to Ukraine. Check this article or contact your tax adviser or accountant for more information on which taxes apply to you.

Use your account for multiple purposes

Once you receive a transfer to your sole proprietor account, you can make SEPA transfers to your other accounts or send funds between the Genome accounts. You can also make purchases with physical and virtual cards. You only need to link your sole proprietor account to the card. You can find detailed information about prices for our services here.

Use your account for multiple purposes