Upon a successful account opening, we will open local accounts in multiple currencies namely CAD, USD, GBP and EUR for all our customers.
What do I need to sign-up?
Proof of business registration (e.g., Articles of Incorporation etc.)
Person signing up has to be a director or incorporator of the business
How do I transfer USD into my account?
Use ACH
Use Fedwire
Use Wire (SWIFT)
How do I get the account details of my ACH / Fedwire / Wire (SWIFT)?
Step 1: Log into Vault
Step 2: From the side menu, select "Accounts"
Step 3: Select "USD Account"
Step 4: Select between "ACH" / "Fedwire" / "Wire (SWIFT)"
Which payment option should I use?
This will typically depend on your business needs.
Payment option | Cost to receive funds | Time-to-process |
ACH | Free | 1 biz day |
Fedwire | Free | Up to 1 biz day |
Wire (SWIFT) | Free | Up to 2 biz days |