How long does it take to open an account?

Verification takes about 15 minutes online. Compliance review usually takes 3 to 5 business days from the moment your file is complete.

Is there a fee to open an account?

No. There is no onboarding fee. Charges apply to conversion, payments and custody, and they are set out on the pricing page.

Yes. A director or an authorised signatory applies on behalf of the company, with the corporate documents, the ownership structure and identification for owners above 25 percent.

Is there a minimum balance?

No. There is no minimum balance to open an account. Trading limits are set per client as part of the compliance review.

Who can open an account?

Institutions, Web3 companies, professional businesses and eligible private clients. XEROF does not market its services to residents of the EU or EEA; those clients are onboarded only where they have approached XEROF on their own initiative.

What identity document do I need?

A valid passport or national identity card. Individuals also confirm their identity once more, either in the XEROF NFC app on an iPhone or on a short video call.

Where does the application happen?

In the XEROF onboarding portal at onboard.xerof.com. You can leave it and come back, and your progress is saved.

Can I open a crypto account for my business?

Yes. A director or an authorised signatory applies online for the company at onboard.xerof.com. The business crypto account holds crypto in a segregated wallet in the company's name and fiat on a dedicated IBAN in the company's own name.

Can a business crypto account withdraw to a bank account?

Yes. Fiat goes to the company's own account or its dedicated IBAN: USD over Fedwire, RTP, ACH or SWIFT, EUR over SEPA or SWIFT, GBP over Faster Payments, CHAPS or SWIFT, and CHF over SWIFT. Payments to third parties are funded with USDT or USDC on Ethereum (ERC-20).

Open an account

Open a Swiss crypto account

Apply online as a company or as an individual. Verification is handled by a regulated provider, review usually takes 3 to 5 business days, and there is no onboarding fee.

How it works

Create your account

Register at onboard.xerof.com with your name, email and phone. Companies also give the company name and the signatory's details. It takes about two minutes.

Verify your identity

Individuals verify with a passport or national ID. Companies complete a business verification covering the corporate documents, the ownership structure and the authorised signatory.

Confirm on video

Individuals complete a short identification, either in the XEROF NFC app on an iPhone, reading the chip in the document, or on a booked 15 minute video call.

Compliance review

Our compliance team reviews the file, usually within 3 to 5 business days. We come back by email if anything further is needed, and confirm as soon as the account is active.

Start your application

What you will need

Individuals

Passport or national identity card
Proof of address issued within the last three months, not a bank statement
Source of funds and source of wealth information

Companies

Certificate of incorporation and constitutional documents
Ownership structure, with every beneficial owner above 25 percent
Identification for the authorised signatory and each beneficial owner
Proof of the registered address

XEROF is a financial intermediary under the Swiss Anti-Money Laundering Act, supervised by VQF, a self-regulatory organisation recognised and supervised by FINMA, membership No. 100954. The checks above are what that supervision requires, and they apply to every client.

Business crypto account: what a company gets

A business crypto account at XEROF is an account in your company's name for holding, converting and paying out digital assets, and a company applies for it with the steps above. It pairs a segregated custody wallet in the company's name with a dedicated IBAN in the company's own name, so crypto and fiat sit with one Swiss-regulated counterparty.

Custody: one on-chain wallet in the company's name, never pooled with other clients, with disaster-recovery cover.
Assets: BTC, ETH, SOL, USDT and USDC.
Fiat: USD, EUR, GBP and CHF on a dedicated IBAN in the company's own name. USD over Fedwire, RTP, ACH or SWIFT, EUR over SEPA or SWIFT, GBP over Faster Payments, CHAPS or SWIFT, CHF over SWIFT.
Conversion: your team converts in XEROF Online at the live rate from tier 1 liquidity, passed through at cost, with the XEROF fee on its own line.
Payouts: pay suppliers and contractors in 26 currencies across 60 corridors in 59 countries, funded with USDT or USDC on Ethereum (ERC-20). Every beneficiary is screened.
Customer payments: accept crypto from your customers and receive fiat, with a REST API for integration.

XEROF is a brokerage and settlement counterparty, not an exchange, and not a bank: it takes no deposits. The full service is described on the crypto business account page, with the fiat side on the dedicated IBAN page, wallets on the custody page and fees on the pricing page.

Common questions

How long does it take to open an account?: Verification takes about 15 minutes online. Compliance review usually takes 3 to 5 business days from the moment your file is complete.
Is there a fee to open an account?: No. There is no onboarding fee. Charges apply to conversion, payments and custody, and they are set out on the pricing page.
Can a company apply?: Yes. A director or an authorised signatory applies on behalf of the company, with the corporate documents, the ownership structure and identification for owners above 25 percent.
Is there a minimum balance?: No. There is no minimum balance to open an account. Trading limits are set per client as part of the compliance review.
Who can open an account?: Institutions, Web3 companies, professional businesses and eligible private clients. XEROF does not market its services to residents of the EU or EEA; those clients are onboarded only where they have approached XEROF on their own initiative.
What identity document do I need?: A valid passport or national identity card. Individuals also confirm their identity once more, either in the XEROF NFC app on an iPhone or on a short video call.
Where does the application happen?: In the XEROF onboarding portal at onboard.xerof.com. You can leave it and come back, and your progress is saved.
Can I open a crypto account for my business?: Yes. A director or an authorised signatory applies online for the company at onboard.xerof.com. The business crypto account holds crypto in a segregated wallet in the company's name and fiat on a dedicated IBAN in the company's own name.
Can a business crypto account withdraw to a bank account?: Yes. Fiat goes to the company's own account or its dedicated IBAN: USD over Fedwire, RTP, ACH or SWIFT, EUR over SEPA or SWIFT, GBP over Faster Payments, CHAPS or SWIFT, and CHF over SWIFT. Payments to third parties are funded with USDT or USDC on Ethereum (ERC-20).
Is XEROF licensed by FINMA?: No. XEROF is supervised under the Anti-Money Laundering Act through VQF, a self-regulatory organisation recognised and supervised by FINMA. That is not a FINMA licence, and XEROF is not a bank.

Ready to start? The application takes a few minutes and you can return to it at any time.

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