Once your KYB status shows KYB Approved on your dashboard, your business account is fully verified and ready to use. Here is everything that gets unlocked and what you can expect next.
What you can do once approved
Receive funds via your Virtual US Bank Account — accept USD payments via ACH or Wire, automatically converted to USDC
Withdraw to bank accounts — off-ramp USDC to bank accounts across 50+ countries in local currency
Pay vendors and employees — send funds to third parties directly from your dashboard
Invite team members — add and manage team access on your account
Withdraw to your own crypto wallet — send USDC out to an external wallet at any time
What to do next
Once approved, here are the first steps to get started:
Set up your Virtual Bank Account — find your routing number and account number under Settings on your dashboard
Add a beneficiary — go to the Beneficiaries tab and add the bank account you want to withdraw to; new beneficiaries are reviewed by our partner within 1 business day before withdrawals become active. learn more about how to add beneficiary
Make your first withdrawal — once your beneficiary is approved, you can initiate a withdrawal directly from your dashboard
A note on ongoing compliance
Approval does not mean your account will never be reviewed again. Kosh is required to conduct ongoing compliance checks as part of standard regulatory obligations. In some cases, our team or our partners may request additional documents or information after approval. Responding promptly to any such requests ensures your account remains active and fully functional.
If you have any questions after your KYB is approved, contact us at [email protected].
Features and transaction timelines may vary depending on your business location, corridor, and account profile.