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Corporate Bitcoin Accounts in Canada: How to Get Started

Learn how eligible Canadian corporations can request a corporate account with 1Bitcoin.ca and what to expect during the setup and review process.


1Bitcoin.ca supports corporate accounts for eligible Canadian businesses looking to buy or sell Bitcoin.

Because a corporation has its own business, ownership, and banking structure, corporate accounts require additional verification compared with individual accounts.

🚀 How to Request a Corporate Account

Before requesting a corporate account, you must first have an individual 1Bitcoin.ca account set up and verified.

Once your individual account is established, email [email protected] and let us know that you would like to request a corporate account.

Our team will provide instructions and confirm the information required for your corporate account review.


📄 What Information May Be Required?

Corporate account requirements vary depending on the business and its structure.

During the review, we may request information relating to:

  • corporate registration and business information

  • directors and ownership or control

  • individuals authorized to act on behalf of the corporation

  • corporate banking information

  • source of funds

  • intended account and transaction activity

Supporting documentation may also be required to verify the information provided.

The exact requirements will be provided to you during the corporate account review.


👤 Who Can Request a Corporate Account?

The person requesting the account must be authorized to act on behalf of the corporation.

As part of the review, we may need to confirm your relationship to the business and your authority to conduct transactions on its behalf.

Additional verification may be required depending on the corporation's structure.


🏦 Corporate Banking

Corporate account transactions must use the appropriate corporate banking information associated with the approved business account.

Do not send funds from a corporate bank account until your 1Bitcoin.ca corporate account has been approved.

Funds sent from a corporate bank account before corporate account approval will be placed on hold while the account is reviewed.

If the corporate account or transaction cannot be approved and the funds must be returned, a return fee will apply.

To avoid unnecessary holds, delays, or return fees, wait until our team confirms that your corporate account has been approved before sending any corporate funds.


🔍 Why Is Additional Verification Required?

Corporate accounts require additional information so that we can verify the business, understand its ownership and control structure, confirm who is authorized to use the account, and meet applicable Canadian compliance requirements.

Requirements vary between businesses, and additional information or clarification may be requested during the review.


⏳ How Long Does Corporate Account Approval Take?

Corporate account review times can vary depending on the business structure and whether additional information is required.

More complex corporate structures or incomplete information may require additional review.

Submitting the information requested by our team promptly can help avoid unnecessary delays.


⚠️ Important Reminder

Submitting a corporate account request does not guarantee approval.

Corporate accounts are subject to verification and review, and 1Bitcoin.ca may request additional information where required.

Do not send funds from a corporate bank account while your corporate account application is still under review. Wait until you receive confirmation that your corporate account has been approved.

Please follow the instructions provided by our team and use the approved process for submitting any requested documents.


💬 Ready to Get Started?

First, make sure your individual 1Bitcoin.ca account has been set up and verified.

Then email [email protected] and let us know that you would like to request a corporate account.

Our team will provide the next steps and let you know what information is required for your review.

Wait for confirmation that your corporate account has been approved before sending funds from your corporate bank account.

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