Signing Up for Slash: What You'll Need to Get Started

Signing Up for Slash: What You'll Need to Get Started

Overview

Slash is a financial services platform that offers three distinct product lines, each designed for different business needs and entity types. Before beginning your application, it's important to understand which product you're applying for, as each requires different documentation and has specific eligibility requirements:

* Business Banking: A comprehensive business banking platform available exclusively to US-incorporated entities. This product includes corporate cards, working capital financing, integrated accounting tools, and full banking services.

* Treasury: An investment product that allows businesses to earn yield from money market funds from BlackRock (TSTXX) and Morgan Stanley (MULSX).

* Global USD Account: Designed for non-US companies that need US banking capabilities. This product provides a US account with routing number and enables sending and receiving USDC and USDT cryptocurrency payments without requiring a US-based company structure.

Required Materials for Business Banking and Treasury Applications

U.S.-incorporated business (LLCs, Limited Partnerships, C Corps, and S Corps) applying to Slash for business banking or treasury should have the following items on hand:

1. Business Information: Your business's name, date of incorporation, phone number, and address.
2. Proof of Address: For business banking and treasury applications, all addresses provided must be located within the United States. You'll need:
3. Documentation verifying the physical location of where your company does business.
4. Residential addresses for beneficial owners on the account.
5. Government-Issued Identification: All beneficial owners on the account must have either a government-issued identification card or driver's license. For applicants located outside of the U.S., you'll need to provide a valid passport.
6. Articles of Incorporation: The official formation documents issued when your company was legally established.
7. Credit Card or Bank Statements: Submit two recent statements from another financial institution. These statements help Slash understand your projected account activity levels and typical transaction patterns.
8. Proof of Operating Activity: Provide documentation that demonstrates your business is actively operating and generating revenue. Acceptable documents may include recent invoices, contracts, revenue statements, or other evidence of ongoing business operations.
9. (If in DE or NJ) Certificate of Good Standing: If your business is incorporated in Delaware or New Jersey, you must provide a current Certificate of Good Standing from your state.

Required Materials for the Global USD Account Application

The Slash Global USD Account is exclusively designed for foreign businesses that do not have a US-registered bank account or US-incorporated entity structure. U.S.-incorporated entities are not eligible to apply. Before beginning your Global USD Account application, gather the following required documents:

1. Business information: Your business's name, date of incorporation, phone number, and address
2. Proof of Address
3. Documentation verifying the physical location of where your company does business
4. Residential addresses for beneficial owners on the account.
5. Government-Issued Identification: All beneficial owners on the account must have either a government-issued identification card or driver's license, as well as a valid passport.
6. Articles of Incorporation: The official formation documents issued when your company was legally established.
7. Credit Card or Bank Statements: Submit two recent statements from another financial institution. These statements help Slash understand your projected account activity levels and typical transaction patterns.
8. Proof of Operating Activity: Provide documentation that demonstrates your business is actively operating and generating revenue. Acceptable documents may include recent invoices, contracts, revenue statements, or other evidence of ongoing business operations.

Starting Your Slash Application

To begin your Slash application for Business Banking, Treasury, or Global USD, contact the Slash sales team through our online application form.

Before proceeding to the full application, you'll answer several preliminary questions to help Slash understand your business's needs:

1. What's your email address?
2. Has your company raised venture capital funding?
3. How many employees does your company have?
4. How much does your business spend on corporate cards per month?
5. How much stablecoin payment volume does your business have per month?

After completing the questionnaire, you'll be prompted to provide your name, company name, and phone number. This information is used solely to connect you with the Sales team and does not constitute a commitment to use Slash products. From here, you can schedule a product demo with our sales team to learn more, or skip the demo and proceed directly to the application.

Need More Help?

To determine whether your business is eligible to apply for Slash, refer to our article 'How to Know if You're Eligible for Slash'. This resource provides comprehensive information about prohibited industries, restricted countries, and detailed Global USD product availability criteria.

If you have additional questions about which documents are acceptable to include in your application, need clarification on eligibility requirements, or encounter any other issues during your application, please contact the Slash sales team or email our support channel.