Grey Business is the business account from Grey, a financial technology company. It gives registered companies multi-currency accounts in USD, GBP, and EUR, international payments to partner countries, team access with payment approvals, and expense cards. It suits freelancers, startups, agencies, and SMEs that invoice or pay people across borders.
What is Grey Business?
Grey is a financial technology company, not a bank. Grey Business is its account built for companies/businesses rather than individuals.
This account offers a multi-currency 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.
Who is Grey Business for?
Grey Business is designed for registered companies that regularly deal with money across borders, including:
Freelancers operating as registered businesses who invoice international clients.
Startups managing global vendors, contractors, or investors.
Agencies that bill clients or pay partners in different currencies.
SMEs (small and medium enterprises) that need reliable cross-border invoicing and payments.
If your business sends or receives money internationally, manages expenses for a distributed team, or simply needs multi-currency accounts without the overhead of a traditional bank, Grey Business is built for that.
What can you do with a Grey Business account?
A Grey Business account gives your company the tools to manage money across currencies and borders from one place. Here's what you can do:
Hold USD: Receive and hold funds in USD through dedicated account details.
Make payouts: Send money out to vendors, contractors, and partners in supported currencies and countries directly from your account.
Make multi-currency bulk payments by CSV: Upload a CSV file to pay multiple recipients in one go, saving time on payroll, vendor payments, or contractor disbursements.
Set team roles and permissions: Add team members with specific roles and permissions to keep spending controlled and visible.
Issue expense cards (Virtual cards): Give employees or departments cards linked to the business account, with spending that's tracked and managed centrally.
Hold and use USDC & USDT: Manage funds in USDC & USDT alongside your fiat currencies, giving you more flexibility for how you hold and move money.
Connect via API: Integrate Grey Business directly into your own systems or workflows to automate payments, payouts, and account management.
How is Grey Business different from a personal Grey account?
A personal Grey account is designed for individuals to send and receive money for themselves. Grey Business is built for companies. The main differences:
Team access: A personal account is single-user. Grey Business lets you add team members with defined roles and permissions, so multiple people can operate the account safely.
Bulk payouts: Personal accounts are set up for individual, one-off transactions. Grey Business supports bulk payments, so you can pay multiple recipients at once, ideal for payroll, vendors, or contractors.
Business verification (KYB): Personal accounts are verified through individual identity checks (KYC). Grey Business requires Know Your Business (KYB) verification to confirm your company's registration and ownership details before the account is activated.
Is Grey Business a bank?
We are a financial technology company, not a bank. However, our licensed banking partners provide banking services. We are also licensed and registered with FinCEN and FINTRAC. Our platform is highly secure, safe, user-friendly, and easy to use.
You can learn more about how we protect you and your funds. See: Is Grey safe and legit?
How do you open a Grey Business account?
To open a Grey Business account, you'll register your personal & business details, then complete KYB (business) verification by submitting your company documents, and get account access once approved, usually within 4–7 business days.
For the full document checklist and step-by-step walkthrough, see: How do you open a Grey Business account?
Frequently asked questions
Which countries can open a Grey Business account?
Grey Business is available to registered companies in several countries across Africa, Latin America, Asia, and beyond, including Nigeria, Kenya, Ghana, South Africa, Egypt, Morocco, Tanzania, Brazil, Mexico, India, Indonesia, and the Philippines, with payouts supported to 170+ countries. Eligibility can vary by country and business type, so if you're unsure whether your business qualifies, check during sign-up or view these see: Grey Business Supported Industries.How much does Grey Business cost?
There's no monthly account fee; you pay only for what you use, such as transaction, currency conversion, or card creation fees.Is Grey a bank?
No. Grey is a financial technology company registered with FinCEN.What currencies can a Grey Business account hold?
You can hold funds in USD, USDC, and USDT.Do I need a registered company to use Grey Business?
Yes. Grey Business requires your company to be a legally registered entity, and you'll need to complete KYB (Know Your Business) verification before your account is activated.How long does business verification (KYB) take?
Typically, 4–7 business days after all required documents have been submitted, though it can take longer if additional information is needed.