How to Open a Statrys Business Account: Step-by-Step Guide

Opening a business account doesn’t have to be complicated. At Statrys, we’ve simplified the process so that entrepreneurs, SMEs, and international businesses can get started—quickly, digitally, and without the paperwork overload.

This step-by-step guide will walk you through everything you need to open a Statrys business account in 2025. Whether you're registering a new company or switching from another provider, we’ll show you exactly what to expect.

You’ll learn:
✅ Who’s eligible for a Statrys account
✅ What documents you need to prepare
✅ How long the process takes and how to apply
✅ What happens after your application is approved

By the end of this guide, you’ll be fully equipped to open an account with us and start using your Statrys account to manage your business internationally.

Let’s get started.

Not every business is eligible to open a Statrys account, but many are.

This section will cover the jurisdictions we support, the types of companies we accept, and the industries we can work with.

Statrys currently supports companies incorporated in Hong Kong, Singapore, and the British Virgin Islands (BVI). If your company is registered in one of these jurisdictions, you're eligible to apply for a business account.

If your company is incorporated elsewhere, you may still be eligible depending on your business activities and ties to Hong Kong. For example, we can accept companies engaged in industries such as international logistics, mobile phone trading, or IT and telecom services, provided they maintain some business link to Hong Kong.

If this applies to you, we encourage you to contact our support team to discuss your case.

Please note that we are unable to accept applications from individuals with the following US affiliations:

• A US citizen as Director
• A US citizen as Shareholder or UBO (holding more than 10%)
• A US resident as Director and/or Shareholder or UBO (holding more than 10%)

Statrys also does not support applications from certain high-risk or sanctioned jurisdictions. You can view the full list of restricted countries to learn more.

Statrys accepts applications from a wide range of legal entities and business sectors. Most standard company structures are eligible, including:

• Sole proprietorships or sole traders
• Limited liability companies (LLCs)
• Public limited companies (PLCs)
• Limited liability partnerships (LLPs)
• Registered trusts, charities, and foundations

Statrys works with a wide range of businesses, from startups and ecommerce businesses to established companies in professional services, trading, logistics, and more.

However, we are unable to onboard businesses involved in certain high-risk or restricted sectors. These include activities related to cryptocurrencies, gambling, and others. You can view the full list on our prohibited industries page.

If you're unsure whether your business or structure is eligible, feel free to contact our support team, and we'll be happy to advise.

To keep your application process smooth and efficient, it’s a good idea to have your documents ready before you begin.

Most applicants only need to upload two things:

• Proof of identity for all directors and beneficial owners
• Your company’s Certificate of Incorporation, or an equivalent document proving the registration of your business

That’s it for most businesses. In some cases, we may ask for a few extra documents depending on your business activities or structure, but don’t worry, we’ll let you know exactly what’s needed if anything additional comes up.

Opening a Statrys business account is a fully online process designed to be as smooth and straightforward as possible. Once you have your documents ready, the application typically takes no more than 10 to 15 minutes to complete.

Here’s what the process looks like, step by step.

To begin, visit our Get Started page.

Since you’re here to open a business account, simply select “Open a Business Account” to move forward.

If you're a first-time applicant, you’ll need to create a user profile by entering your name, nationality, and email address. We’ll send a verification link to that email, which you’ll need to confirm before continuing.

If you already have an account, you can log in directly and proceed with your application.

Before getting started, you’ll see a welcome screen with a brief overview of the steps ahead and a checklist of the documents you’ll need to complete the application.

This will give you a clear picture of what to prepare for the steps ahead.

In this step, you’ll enter the key details we need to understand your business and its operations. This includes both company and personal information, along with a few supporting documents.

Here are some of the details you’ll be asked to provide:

• Jurisdiction where your company is incorporated
• Description of your business activities
• Information on directors and ultimate beneficial owners
• Countries your business will send payments to and receive funds from
• A colour scan of your passport or government-issued ID
• Your company’s Certificate of Incorporation (or equivalent proof of registration)

Once you have entered all the information, you can review your full application before submission. This is your chance to double-check everything.

Any errors or missing details can lead to delays or even rejection, so we recommend taking a moment here to ensure accuracy.

After submitting your application, you’ll be redirected to a new page where you can begin the identity verification process with our trusted partner, Onfido.

On that page, you’ll see a QR code. Scan it with your mobile device to continue the verification on your phone.

You’ll then be guided through a quick process that involves taking a photo of your government-issued ID or passport, followed by a selfie to confirm your identity.

Once your ID verification is complete, your application will be reviewed by our dedicated onboarding team. You can expect to hear from us within 24 to 48 hours, usually by email, to confirm the next steps.

If we need any additional information or clarification, we’ll let you know right away. Our goal is to make your onboarding experience as smooth and responsive as possible, with support that feels personal, not automated.

If you're still unsure about the requirements or want personalised guidance, we're here to help.

At Statrys, our team works closely with entrepreneurs and business owners every day to simplify the account opening process, especially for companies with more complex needs or international setups.

You can:

• 💬 Chat with us on WhatsApp, WeChat or Live Chat for quick answers
• 📄 Email our support team at: support@statrys.com
• 📅 Book a call with one of our onboarding specialists