Kosh offers two types of accounts — one for individuals and one for businesses. Choosing the right one from the start ensures you go through the correct verification process and get access to the features that are relevant to you.
Choose an individual account if you are:
A freelancer or independent contractor receiving payments from clients abroad
A remote worker getting paid in USD or another foreign currency
An individual looking to convert stablecoins to local currency and withdraw to your personal bank account
Someone who wants to use the Kosh Personal Card for everyday spending
Individual accounts go through a KYC (Know Your Customer) verification process. You will need a government-issued ID, address proof, and a liveness check (selfie). Verification typically takes 1–2 business days.
Choose a business account if you are:
A registered company, startup, incorporated entity, or sole proprietorship
A business that needs to pay employees, contractors, or vendors across multiple countries
An organisation managing multi-currency treasury or cross-border payroll
A business that wants to use the Kosh Corporate Card for team spending
Business accounts go through a KYB (Know Your Business) verification process. You will need your company incorporation documents, director details, beneficial ownership information, and proof of business activity. Verification typically takes 1–3 business days depending on your region and the features you have requested.
Not sure which applies to you?
As a general rule:
If you are transacting in a personal capacity → choose individual
If you are transacting on behalf of a registered legal entity (including a sole proprietorship) → choose business
If you are still unsure, contact us at [email protected] before signing up and our team will point you in the right direction.