Business
Account
Business Payment Account
Built for International Businesses
Whether you are making supplier payments, receiving international customer funds or managing multiple payment
corridors, HeyPay provides digital tools designed to simplify your payment operations.
Suitable for
All customers are subject to HeyPay's onboarding, eligibility and risk-management requirements.
Who can apply?
Business Customers
HeyPay welcomes applications from eligible businesses seeking international payment solutions.
During onboarding, we may request information relating to:
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Company registration;
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Business activities;
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Directors;
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Beneficial owners;
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Source of funds;
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Expected transaction volumes;
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Expected payment corridors;
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Customers and suppliers;
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Countries of operation; and
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Other information required for compliance and risk assessment.
All applications are subject to review and approval.
HeyPay may decline or restrict services where a customer, activity, jurisdiction or transaction does not meet
our eligibility, risk or compliance requirements.
Security & Compliance
Security, Risk Management & AML/CFT
At HeyPay, responsible payment services require strong financial-crime controls and effective risk
management.
We apply a risk-based approach to identifying and mitigating financial-crime risks associated with customers,
products, jurisdictions and transactions.
Our Controls Include
Customer Due Diligence
Verification of customers and relevant business
information before providing applicable services.
KYB & Beneficial Ownership
For business customers, we assess corporate
information, directors, beneficial owners and the nature of the business.
Customer Risk Assessment
Customers are assessed based on relevant risk factors,
including business activity, geography, transaction profile and other applicable indicators.
Sanctions & PEP Screening
Customers and relevant transactions may be screened
against applicable sanctions, PEP and other risk databases.
Transaction Monitoring
Transactions are monitored using risk-based controls
designed to identify unusual or potentially suspicious activity.
Enhanced Due Diligence
Additional information may be requested from customers
presenting higher levels of risk.
Ongoing Monitoring
Customer relationships and transaction activity may be
reviewed throughout the relationship.
Regulatory Reporting
Where legally required, HeyPay will make appropriate
reports to the relevant authorities.
