Open Business Account is a virtual account that brings your banking, payments, accounting, expense management, payroll, taxes, everything together. This account which is the core proposition of Open helps you to add customers, create invoices & bills, add money, withdraw money, collect payments, make payouts, do automatic reconciliation, add team members, manage team expenses, manage taxes, manage payroll, get an overview of financial health, etc. Open Business Account is linked to your VISA business account and to apply for an Open Business Account you have to sign up in our platform and complete your KYC process by going to the ‘Getting Started’ section on our platform. The documents required to complete KYC are as per the RBI Guidelines.
What is an Open Business Account? Print
Modified on: Tue, 7 Feb, 2023 at 11:54 AM
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