Approval time depends on the type of beneficiary you are adding.
Email and crypto wallet beneficiaries
No approval is required. These are available to use immediately after adding.
Bank account beneficiaries
Bank beneficiaries are submitted to our payment partner for verification. In most cases this is instant and your beneficiary will be ready to use within a few minutes.
In rare cases, a beneficiary may be flagged for additional screening — for example, if the name matches a common name pattern during our partner's pre-screening process. This is uncommon but can happen.
If this occurs:
The beneficiary will show a Pending or Under Review status in your dashboard
Contact the Kosh support team via chat at payout.copperx.io so we can follow up with our partner and resolve it
Kosh does not control partner verification timelines. If your beneficiary remains pending for more than 1 business day, please contact support.