FAQs

Creating a business account at Alinkos Pay consists of a few steps:
  

1. Application – To open your Alinkos Pay business account, fill in the application form. Enter the basic details about yourself and the company you represent.  
2. Questionnaire – After submitting the application, you will receive an email with a link to the KYB (Know Your Business) verification questionnaire. Completing the questionnaire is required to proceed further.  
3. Documents – Upon completing the business questionnaire, our team will contact you regarding further documents and additional information. 
    

That is it! Our team will review your application. If it is successful, your Alinkos Pay business account will be opened.

Alinkos Pay is a crypto-friendly solution. Our Crypto Exchange account plan is specifically designed for blockchain businesses – whether it’s an exchange, brokerage, mining farm, or any other activity within the field. With years of experience in the blockchain market, Alinkos Pay has developed a solution tailored to meet the needs of any business in the sector.  

Alinkos Pay considers the following sectors as high-risk industries: 

• Activities related to art, cultural artifacts and other items of archaeological, historical, cultural and religious importance or rare scientific value, ivory and protected species 

• Activities related to ferrous, non-ferrous and precious metals, stones and jewellery 

• Activities related to virtual currencies 

• Audit 

• Aviation 

• Charity 

• Chemical industry 

• Currency exchange 

• Extraction of natural resources 

• Gambling and lotteries 

• Holdings 

• Insurance 

• Issuance of electronic money 

• Legal and consulting services 

• Nuclear energy 

• Organizing and operating auctions 

• Other financial services 

• Payment operations 

• Pharmaceutical business 

• Professional sports teams and clubs activities 

• Public administration and national defense 

• Telecommunications 

• Trade in arms and ammunition 

• Trade in oil products 

• Trade in tobacco and alcohol products 

• Transport, logistics 

• Trust services 

Alinkos Pay does not serve the following Industries: 

• Shell banks; 

• Non-account holders/customers; 

• Arms, defense, military; 

• Illicit trade of tobacco, alcohol, prescription drugs, steroids, guns; 

• Red-light business/adult entertainment, drugs, trafficking; 

• Unlicensed or illegal gambling, lotteries, software; 

• Pyramid or Ponzi schemes; 

• Sale of government ID’s or documents; 

• Replicas. 

Alinkos Pay services are also not available for companies that:   

• Require and do not have a license to operate in certain jurisdictions; 

• Violate any law, statute, ordinance or regulation; 

• Encourage, promote, facilitate or instruct others to engage in illegal activity.

• Promote or cause hate/violence/racism/religious persecution.

Involve offering or receiving payments for the purpose of bribery or corruption, or any form of high yield financial investments (get rich quick schemes). 

Alinkos Pay offers business accounts specifically designed for authorized capital deposits. These accounts are essential for projects looking to establish a corporate entity in a new jurisdiction.

Our team can also provide official statements to governmental institutions in your chosen jurisdiction, verifying your authorized capital holdings. Additionally, we can manage translation and postage requirements to streamline the process for you. If you’re interested in opening a corporate account for authorized capital deposits, don’t hesitate to contact our team.

At Alinkos Pay, we offer flexible tools for managing business accounts, allowing administrators to control user access to IBAN accounts, configure payment limits, and assign or remove administrative privileges.

These features are especially useful for organizations with multiple users performing distinct roles within their Alinkos Pay account. This ensures that users only access the functions necessary for their responsibilities. For example, you can implement dual payment approvals, where an accountant initiates a payment that requires final confirmation from the CEO.

Keep in mind that only account administrators can modify user permissions and limits. After the rights are modified, press ‘Save changes’ and confirm them with your preferred two-factor authentication method.

At Alinkos Pay, you can implement dual signatures for your business account, a system that divides the payment process between two users. With this setup, one user initiates the payment, while another user confirms it. 

Dual signatures enhance internal control and improve payment flow management within your organization. This two-step process ensures wire transfer security by requiring verification from two separate individuals. Payments are initiated by one user (the initiator) and confirmed by another (the approver), adding an additional layer of legitimacy and security. 

To enable dual signatures for your business account, you will need at least one payment initiator and one payment approver: 

• Payment Initiator: Typically assigned to accountants or other regular employees. The initiator’s payment limits should be set to 0, allowing them to create payments and save them for approval without executing transactions. 

• Payment Approver: Typically reserved for senior managers or company owners. The approver’s limits must be set to a non-zero amount, as these limits define the total value of payments they can approve. 

This approach ensures secure and efficient management of your company’s payment processes.