What is the business account registration fee?
To apply for an nsave Business Account, a one-time application fee of $10 USD is collected at the time of registration. This fee is a vetting fee that covers the cost of running the verification process on your application.
What does the fee cover?
Business identity verification - confirming the legal existence and standing of your business entity
Document review - reviewing business registration documents, proof of address, and identification of authorized representatives
Compliance screening - conducting regulatory and sanctions screening as part of our anti-money laundering obligations
These checks are performed through our third-party onboarding partner to ensure that all applicants meet the regulatory requirements for holding a multi-currency business account.
What the fee is not
The application fee is solely a one-time vetting charge. It is not a subscription, a deposit, or a payment for financial services. It does not involve the transfer of funds on behalf of the applicant, the issuance of any payment instrument, or the acceptance of funds for investment. Payment of the fee grants access to the application and verification process only.
What happens after I pay?
After your payment is processed, you will be directed to our secure onboarding flow where you can submit your business documents for verification. Once your application is reviewed and approved, your nsave Business Account will be activated and you will be able to access the platform.
npay Inc. is registered in the United States in the State of Delaware. npay Inc. is a technology services provider completing the verification.
