Zold Business
Accounts and currencies
One organisation, an account in the currency of each place you do business.
Your global account is a set of local accounts. Each local account is in the currency of a place, with the identifier locals use, paying out on that place's rail: an IBAN in the euro area, an account and routing number in the United States, a sort code in the UK, an M-Pesa number in Kenya. All of them sit in the same wallet. On Premium and Business, an organisation can hold several.
Accounts → Open an account → choose a currency.
Status
| Currency | Account | Status |
|---|---|---|
| Euro | IBAN, pays by SEPA | Open. See Your euro account. |
| US dollar | Account and routing number, ACH and wire | Request now. See Your US dollar account. |
| Pound sterling | Account number and sort code, Faster Payments | Not yet open |
| Swiss franc | — | Not yet open |
| Kenyan shilling | M-Pesa | Not yet open |
| Nigerian naira | NUBAN, NIP transfer | Not yet open |
| Indian rupee | Payouts only | Not yet open |
Every currency shows its status in the app. Where an account is not open yet you can request it, and the app tells you when it opens.
The token column
The Currencies table in the business dashboard shows, for each currency, whether it is Available on Zold or coming soon. That is what Zold supports, not which accounts your organisation has opened; those are under Accounts. It also shows the settlement token where one exists, who issues it, and what backs it, in a sentence. E-money with a redemption right, a collateralised peg, and a reserve-backed token under another country's regulator are three different things. The column exists so that you can tell them apart before holding any of them.
Your company's euro account
When you sign up as a company, your organisation starts with a euro account. It has no IBAN until Monerium has issued your company's IBAN. Then go to Accounts and press Connect the company's IBAN on that account. Zold checks with Monerium that the IBAN belongs to an approved company profile before connecting it. While Monerium is still reviewing the company, the account shows Waiting for Monerium with the last state Monerium reported and when, and the button reads Check with Monerium again. Nothing changes on the account until Monerium approves.
From then on, payments from the account are signed with the passkey of the person whose login connected it.
A company account is backed by a company profile at Monerium, never by a member's personal one. If you signed up personally and want an account for your company, write to support@zoldhq.com: the company gets its own account, with its own wallet.