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FAQ for Grey Business

Written by Ayomikun

What is Grey Business?
Grey Business is a multicurrency platform that simplifies cross-border financial management for enterprises, startups, creatives, and entrepreneurs operating globally. It allows users to make bulk payouts to over 170 countries and manage global teams from a single, unified dashboard.


What are the key features and benefits?
Key features include opening US business accounts, flexible bulk payments via CSV or API, and issuing virtual USD cards for business expenses.
Grey helps businesses move money faster, with less friction and zero hidden charges, to markets across Africa, North America, and Europe.


What are the supported company types for Grey Business?

Grey Business supports a wide range of legal entities, including:

  • Charity

  • Cooperative

  • Foundation

  • Franchise

  • Holding Company

  • Joint Venture

  • Limited Liability Company (LLC)

  • Multinational Corporation

  • Non-Government Organization

  • Partnership

  • Private Corporation

  • Public Corporation

  • Public Utility Company

  • Social Enterprise

  • Sole Proprietorship

  • State-Owned Enterprise


Can an existing personal account be converted to a business account?
No, personal accounts cannot be converted. However, you are permitted to use the same email address and phone number to create a new business account.


How do I create a business account?
You can register on the web at https://business.grey.co . The process involves providing basic account details, selecting your industry type, verifying your email, and setting up 2FA. You then complete the required verification steps by providing company information, address, business details, related persons, and documents.


How long does account verification take?
Business account verification typically takes between 4 to 7 business days.


How can I check the status of my verification?
You can check the status on your dashboard after signing in.


Which virtual accounts can I get as a business customer?
Once your verification is approved, your US bank account and USDC wallet should be automatically generated.


Can I create a card on my business account?
Yes, you can create a Visa card on Grey Business.


How do I update my account information?
To change your business email address or phone number, or to disable 2FA, you will need to contact the support team for assistance.


What should I do if I don't automatically get a bank account after verification?
In rare cases where an account isn't automatically generated, you should contact the support team immediately.


Does Grey Business support USDC?

Yes. You can:

  • Receive USDC

  • Send USDC

  • Convert USDC to USD.


Can I send bulk payments using Grey Business?
You can upload a CSV file with multiple recipients and amounts.



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