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Frequently Asked Questions
Why choose Koomi Finance?
Koomi Finance is your all-in-one solution for managing global finances. Whether you're a business looking to streamline cross-border payments, save on currency conversion, or access a modern, scalable financial infrastructure, Koomi Finance offers the tools you need. With real-time, competitive exchange rates, seamless integration with major platforms, and a focus on security and compliance, Koomi Finance enables businesses to operate with confidence across multiple markets. Experience faster transactions, lower fees, and simplified financial management, all with the support of a platform designed for global growth.
How to set up an account with Koomi Finance?
To open a business account with Koomi Finance, you'll need to provide specific Know Your Customer (KYC) materials to comply with regulatory requirements. These materials help us verify the identity of your business and ensure we meet legal obligations.
Here’s what you’ll need to prepare:
Who can open an account with Koomi Finance?
Koomi Finance supports Business Accounts, which are strictly used for business transactions involving the sale of goods or services, whether to other businesses or individuals. Due to varying restrictions and regulations, there are some limitations on the types of businesses and transactions we can support. Please contact our representative for more details to determine if we can support your business.
How long will my application take to process?
Once you've submitted your application to Koomi Finance, our team will review it as quickly as possible. The processing time typically ranges from 2 to 4 business days. However, if additional information or documentation is required, this may extend the timeline. Rest assured, we’ll keep you informed throughout the process and let you know if any further action is needed from your side.
How does a Koomi Finance Global Account differ from a bank account?
A Koomi Finance Global Account allows you to receive payments in multiple currencies, much like a traditional bank account, but with greater flexibility for international transactions. While it functions similarly to a bank account in terms of receiving funds, it's designed for businesses that operate globally and need a more efficient way to manage cross-border payments. Unlike a typical bank account, a Koomi Finance Global Account focuses on speed, lower fees, and real-time currency conversion. However, it is not intended for personal banking and doesn't provide credit or loan services typically offered by traditional banks.
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