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Business Account

Overview

One account for
global business spend

Built for modern teams

The Teto Business Account combines multi-user cards, global payments and compliance-ready reporting in a single digital platform.

Open an account, issue cards for your team and start controlling spend across subscriptions, travel and day-to-day operations – without legacy banking friction.

Eligibility & onboarding

Registered business

Incorporated company or registered entity in a supported jurisdiction, with clear ownership structure.

KYC & KYB documents

Company registration documents, director IDs and beneficial owner information verified via Sumsub.

Business activity

Clear description of products, services and typical payment flows to support AML/CFT risk assessment.

Supported regions

We currently cannot onboard entities or beneficial owners from sanctioned jurisdictions.

Features

Key Business Account features

Team cards & controls

Issue cards to employees and contractors with per-card limits, merchant rules and instant freeze.

Global payments

Pay suppliers, tools and partners globally with competitive FX and clear, upfront pricing.

Compliance-ready data

Structured exports for accounting, audit trails and reconciliation, aligned with Canadian AML requirements.

Multi-user access

Role-based access for founders, finance and operations teams with separate approval flows.

API & integrations

Connect spend data to your existing tools and build custom workflows using our developer APIs.

24/7 security monitoring

Continuous monitoring for unusual activity, backed by Teto Bank’s AML/CFT framework and partners such as Sumsub.

Required documents

Documents for Business Account onboarding

To protect our customers and meet Canadian regulatory standards, we need a complete and accurate picture of your business.

Start Application
  • Certificate of incorporation or business registration.
  • Articles of association or equivalent governing document.
  • Identification for directors and beneficial owners (verified via Sumsub KYC / KYB).
  • Proof of business address and, where relevant, operating locations.
  • Basic information about expected transaction volumes and counterparties.
How it works

Open your Business Account in four steps

01

Apply online

Share key company details and contact information through our secure form.

02

Verify KYC & KYB

Complete digital identity and company verification powered by Sumsub.

03

Configure team & cards

Invite team members, assign roles and issue virtual or physical cards.

04

Start using Teto

Top up, pay suppliers and manage spend in real time from your dashboard.

Have questions about eligibility? Contact our support team.
Teto dashboard
anytime
control
Dashboard & app

Control your business spend from one place

Review transactions, manage cards and export reports from the Teto dashboard and mobile app – designed for founders, finance teams and operators.