Crypto business account
Cryptocurrency business account: a Swiss regulated corporate crypto account
A crypto business account holds money and stablecoins in your company's name, converts between them at the market rate and pays out. XEROF is a Swiss regulated crypto brokerage in Zug. You apply online; once approved, the company has a wallet in its own name, a dedicated IBAN if it wants one, and converts and pays in XEROF Online.
One company account for money and crypto
Opened in the company's name
The account belongs to the operating company, verified through corporate onboarding: registry check, directors, shareholders and the beneficial owners above 25 percent. It is not a personal wallet re-labelled for business use.
Money and stablecoins in one balance
Hold GBP, CHF, EUR and USD alongside USDC and USDT. The treasury sits together, so a company can receive money, hold value in a stablecoin and pay a supplier without moving funds between disconnected apps.
Convert and settle at cost
Move between money and stablecoins at the market rate, with the XEROF fee shown on its own line. Conversions settle to a wallet in the company's own name the exposure of.
Statements that reconcile to your books
Every credit, conversion and payment is listed on online.xerof.com with a date, reference and net amount, so finance can reconcile the account against the ledger without raising a support request.
What the account includes
A crypto business account is the whole operating setup a company needs to move between money and crypto with one regulated provider, not a single product bolted onto a personal wallet.
- Company onboarding with a Swiss regulated crypto brokerage, with the directors and UBOs verified.
- A dedicated IBAN in the company name for money in and out, issued as part of onboarding.
- A wallet in the company's own name, used only for the company, with the keys held by XEROF as the regulated provider.
- Conversion between money and USDC or USDT at the market rate, fee on its own line.
- One provider for the account, the conversion and the crypto wallet.
Who opens one
The account suits companies that hold or move value in crypto as part of how they operate.
- Operating companies holding part of their treasury in stablecoins.
- Web3 and technology companies paying overseas suppliers or contractors.
- Firms invoicing in crypto that need the proceeds paid out as money.
- Companies buying or selling real assets where the settlement leg is in crypto.
Can I open a crypto account for my business?
Yes. An operating company can open a cryptocurrency business account with XEROF after corporate onboarding and identity verification, and it then holds money and crypto in the company's own name. This corporate crypto account is operated by FE Swiss Financial AG, a Swiss-regulated Virtual Asset Service Provider and member of VQF (No. 100954), a self-regulatory organisation recognised by FINMA.
- Who provides it: FE Swiss Financial AG, trading as XEROF, in Zug. XEROF is not a bank; it is a crypto brokerage, serving clients since 2021.
- Money: USD, EUR, GBP and CHF on a dedicated IBAN in the company's own name, over Fedwire, RTP, ACH or SWIFT for USD, SEPA or SWIFT for EUR, Faster Payments, CHAPS or SWIFT for GBP, and SWIFT for CHF.
- Crypto: BTC, ETH, SOL, USDT and USDC in a wallet in the company's own name, never mixed with other clients' assets, with disaster-recovery cover.
- Conversion: the company converts itself in XEROF Online at the live market rate, passed on at cost, with the XEROF fee on its own line.
- Third-party payments: suppliers and contractors are paid in 60 corridors, 59 countries and 26 currencies, funded only with USDT or USDC on the Ethereum network. BTC, ETH or SOL are first converted to USDT or USDC. Every beneficiary is screened.
The bank side is a crypto IBAN account in your company's own name. Payments to suppliers and contractors run as stablecoin payouts.
How it fits with the rest of XEROF
The business account is the company-facing view of the XEROF settlement service.
The bank side runs on a dedicated IBAN in your company name, the crypto side goes to custody, and you convert yourself in XEROF Online at the live rate, larger trades included (see OTC trading). Funds and asset managers with their own structures are served through institutional solutions.
Crypto business account FAQ
- What is a crypto business account?
- It is a company account, held with a regulated provider, that holds both money and stablecoins, converts between them and pays out. XEROF operates it as a Swiss regulated crypto brokerage, so it is an account for a business to move between crypto and money, not a retail trading app.
- How is it different from a dedicated IBAN?
- The IBAN is the bank account number that receives and sends bank payments in the company's name. The business account is the whole operating setup around it: the IBAN, the company's own wallet, and the conversion between them under one regulated provider. The IBAN is issued as part of the business account.
- Who can open a business account?
- An operating company that completes corporate onboarding. XEROF verifies the company, its directors, its shareholders and any beneficial owner above 25 percent before the account is activated.
- Which currencies and assets does it hold?
- Money in GBP, CHF, EUR and USD, and the stablecoins USDC and USDT, plus BTC, ETH and SOL for conversion. Balances are visible on online.xerof.com at any time.
- Is a crypto business account regulated?
- Yes. FE Swiss Financial AG, trading as XEROF, is a financial intermediary under the Swiss Anti-Money Laundering Act and a member of VQF (No. 100954), a self-regulatory organisation recognised by FINMA. Crypto is held in a wallet in the company's own name.
- How long does it take to open?
- Onboarding covers the company documents and the identity checks of the directors and owners. The account is activated once compliance has reviewed and approved the file.
- What does it cost?
- There is no fee to open the account or to issue the IBAN. Conversions carry the standard XEROF fee on the value converted.
- Can I open a crypto account for my business?
- Yes. An operating company can open a cryptocurrency business account with XEROF after corporate onboarding and identity verification. The account holds money on a dedicated IBAN and BTC, ETH, SOL, USDT or USDC in a wallet in the company's own name, both in the company's own name.
- Is a corporate crypto account the same as a cryptocurrency business account?
- At XEROF, yes: it is one account for the company. Its money part is the dedicated IBAN in the company's name, its crypto part is a wallet in the company's own name that is never mixed with other clients' assets, and conversions between them run in XEROF Online at the live rate with the XEROF fee on its own line.
Open a crypto business account. Start the corporate onboarding online; the dedicated IBAN is issued once the account is approved.