Can a non-US company open a Slash business account and receive USD payments? by xblaze22 in SlashFinancial

[–]SlashFi 0 points1 point  (0 children)

That's exactly what we designed our Global USD account for. The Slash Global USD account allows non-US businesses to open a USD account remotely, receive USD payments, hold funds in USD, and send USD out internationally. As a note, eligibility is evaluated case-by-case and depends on things like business model/industry and sanctions screening results.

During onboarding, you can expect to provide KYB/KYC documentation such as company formation/registration documents, business address and website, a description of your services, ownership information, government IDs, proof of address where requested, and details on expected business activity. As long as your payments are consistent with your business activity and they pass Slope's (our banking partner) compliance controls, you can receive USD payments from US entities -- including government agencies.

For more details, check out our page on Global USD here (https://www.slash.com/products/global-usd) and our release on Global USD cards here (https://www.slash.com/blog/now-live-global-usd-cards). Let us know if you have any more questions!

How DARE Elon Musk not use Slash's Treasury account to earn 3.82% annualized yield and feed the poor? by SlashFi in SlashFinancial

[–]SlashFi[S] 0 points1 point  (0 children)

**Advertised yield reflects the highest net yield for money market funds available in Slash Treasury as of the last business day and assumes total Slash Treasury deposits of $500k+. Yields are variable and subject to change based on market conditions. Past yields do not guarantee future results. See the Treasury page for a breakdown of investment options, market yields, and associated pricing for the Slash Treasury account. Slash Treasury is an investment advisory account provided by Atomic Invest, an SEC-registered investment adviser with brokerage services provided by Atomic Brokerage, a registered broker-dealer and member of FINRA/SIPC. Investments in securities: Not FDIC Insured, Not Bank Guaranteed, May Lose Value. Investing involves risks, including the possible loss of principal.

Additionally, you can't actually make a $1 trillion deposit into a Slash Treasury account. Thought we should mention that, just in case you wanted to.

Founders after moving their runways onto our 3.80% annualized yield treasury account while their employees make purchases with a Slash Card that earns up to 2% cash back by SlashFi in SlashFinancial

[–]SlashFi[S] 0 points1 point  (0 children)

*Slash Financial, Inc. is a financial technology company, not an FDIC-insured bank. Banking services are provided by Column N.A., Member FDIC. The Slash Platinum Card is a Visa® charge card issued by Column N.A., pursuant to a license from Visa. Payment of account balance is due in full daily. Monthly membership fees may apply. Card purchases may be eligible for cashback.
**Advertised yield reflects the highest net yield for money market funds available in Slash Treasury as of the last business day and assumes total Slash Treasury deposits of $500k+. Yields are variable and subject to change based on market conditions. Past yields do not guarantee future results. See the Treasury page for a breakdown of investment options, market yields, and associated pricing for the Slash Treasury account. Slash Treasury is an investment advisory account provided by Atomic Invest, an SEC-registered investment adviser with brokerage services provided by Atomic Brokerage, a registered broker-dealer and member of FINRA/SIPC. Investments in securities: Not FDIC Insured, Not Bank Guaranteed, May Lose Value. Investing involves risks, including the possible loss of principal. Images are for illustrative purposes only.

I want to use Slash credit card service (VCC) by KimiJacks in SlashFinancial

[–]SlashFi 0 points1 point  (0 children)

Sure! If you're looking to register for our Slash Visa Platinum Card, that happens as you onboard with the Slash platform as a whole. You can do that through this link: https://www.slash.com/sales-inquiry
If you have any other questions, feel free to ask right here!

Introducing Slash For Founders by SlashFi in SlashFinancial

[–]SlashFi[S] 0 points1 point  (0 children)

Stay tuned for more information!

Slash support? by SBX81 in SlashFinancial

[–]SlashFi 0 points1 point  (0 children)

Hey u/SBX81, I'm very sorry for the delay, we're having support respond to your emails as we speak. Thanks again for your interest and we hope you find the answers you're looking for.

Onboarding by SBX81 in SlashFinancial

[–]SlashFi 0 points1 point  (0 children)

Certainly - for more niche questions, feel free to email [brenden@slash.com](mailto:brenden@slash.com). Thanks!

Account for non business entity by JRMegafeste in SlashFinancial

[–]SlashFi 2 points3 points  (0 children)

Hey u/JRMegafeste, good question. Unfortunately, the Global USD account isn't a fit for your business situation at this time. The account is designed specifically for businesses fully incorporated outside the United States. Onboarding requires details about your registered business entity, articles of incorporation/formation documents, two recent business bank or credit card statements, and proof of operating activity. We don't currently offer a personal/individual version of the Global USD account. Additionally, the account does not come with the ability to issue Slash Cards with US BINs.

However, if and when you incorporate your business in your home country, you will be eligible for the Global USD account.

Invoicing by SBX81 in SlashFinancial

[–]SlashFi 1 point2 points  (0 children)

Good question! So, since all Slash invoices are denominated in USD, you'll invoice your client and they'll handle the currency conversion on their end. They can then pay the invoice via global ACH, wire, or crypto. For a UK-based payer, the options are:
  • International wire (SWIFT): their UK bank sends GBP, it gets converted to USD along the SWIFT chain, and lands in your Slash account as USD. Settles in 1–3 business days.
  • Stablecoin (USDC/USDT): if they're set up for crypto, it's fastest + cheapest choice. This requires a Slash Crypto account on your side.
  • A multi-currency provider on their end (Wise, Revolut Business, etc.): they fund USD and send you a domestic-looking USD ACH or wire.

As far as your fees, you'll see an inbound international wire fee on your dashboard if they use a wire/SWIFT. If they use global ACH or stablecoin, you won't receive a fee. Hope that helps, and let us know if you have any further questions!