What is a Business Account?
Alongside the Individual account built for personal use, Kinesis offers Business accounts for companies, corporations, trust funds, and retirement funds.
Business accounts give organisations of any size full access to the Kinesis Monetary System and its complete product suite, integrated into your existing operations at no cost.
Kinesis Business account benefits
A Kinesis Business account allows users to benefit from:
- Global borderless transfers, including overseas and remittance payments - ideal for companies that are remote, or spread across the world.
- Rapidly executed transactions, globally.
- Transacting and managing your assets in the universally recognised value of gold and silver - removing forex conversion rates as a result.
- Low costs and low transaction fees - a cheaper alternative to traditional banking.
- Multicurrency payments - including crypto, gold, silver and fiat, allow for transactions in local currencies.
- Mobile and Desktop accessibility.
- Integration with the innovative Kinesis Yields System - allowing users to earn a yield in gold and silver on all transactions across the Kinesis platform.
Is my Business account free?
No. Registering and managing both your Individual and Business accounts is entirely free, regardless of how many you hold. In fact, Kinesis’ innovative revenue model allows you to earn a yield in gold and silver, simply by using your Kinesis account.
Can Business account earn yields?
Yes. All system participants, including the Business or Fund account holders, can benefit from the Kinesis fee-sharing yield system. The same as with individual accounts, all accrued, eligible yields are paid out in Kinesis gold (KAU) or silver (KAG), at the end of the calendar month, according to your proportional stake in each fee pool.
Yields are only distributed to KYC-verified accounts.