❓What is the current purpose of nsave Business Accounts?
nsave Business Accounts are currently in invite-only beta and are designed specifically to support companies that need to pay salaries to their team members.
✅ What is allowed?
You can open a Business Account if:
Your company is paying salaries or stipends to employees, contractors, or collaborators
Each employee or recipient is willing to open a personal nsave account (required)
Your company is able to provide basic KYB documentation (registration docs, ID of director, etc.)
This payroll-focused structure allows us to:
Meet compliance requirements (we verify the company through KYB and individuals through KYC)
Keep things simple while the product is still being shaped
❌ What is not available at this stage?
We currently do not support the following use cases:
Business investments or trading
Vendor or supplier payments
Holding large balances for treasury or asset protection
E-commerce settlements
ACH access (coming later)
Multi-user dashboards or corporate cards
🔒 Why are there restrictions?
The business product is still in early-stage beta, and we’re prioritizing a controlled rollout focused on real payroll needs. This helps us:
Maintain quality and compliance
Avoid overloading our team and systems
Learn from a narrow, high-impact use case
As we scale, we plan to expand functionality and open up more use cases but for now, salary payments to nsave users is the only supported flow.
💬 Can we join the waitlist for future updates?
Yes! If your use case doesn’t fit the current scope, we’re happy to keep your business on the waitlist and reach out once we open up new capabilities.