Frequently asked questions

Yes. Approved businesses get named US dollar details and can receive ACH, RTP, and stablecoin payments into a Smart USD wallet.

Eligible payouts in 25+ currencies can use 0% FX at the mid-market rate within the monthly allowance. Additional currencies use a stated 1% fee. See the pricing page for plan limits.

Yes. Bancoli can onboard eligible businesses in most countries. Some countries are business-owner only, and US businesses are limited to 13 states. See the full eligibility table.

You can receive free ACH payments from any business globally that has a US account or can pay you on the domestic ACH network. You can also receive stablecoin payments in 3 different stablecoins with near-zero fees.

Bancoli provides access to real interbank FX rates. For outgoing payments (payouts) in 25+ currencies, eligible transactions can use 0% FX fees. For 15+ additional currencies, use a fixed 1% fee. Visit the pricing page for more details.

It is a business account. Freelancers, small companies, and large companies can use it. You can also open it as a sole proprietor.

No. Keep your current bank if you want. Many people use Bancoli for payments to other countries and keep their local bank for everything else.

Yes. See our Help Center for details.

Most accounts are approved within 10 minutes. For more complicated cases, approval is usually 24-48 hours after submitting all required business documentation.

Yes, you can send local currency payouts to 66 countries and stablecoin payments to over 150 countries and territories.

You can create invoices, send them to clients, include payment options through Instant Checkout, and track status from sent to paid in one workflow.

No. Clients can pay using the payment methods you include on the invoice. If they are Bancoli clients, they can also use your @bancoli handle to easily identify your Smart USD wallet details.

Yes. You can include different payment methods on the invoice so clients can pay using the rail that best fits the deal, while you keep all activity in a single invoicing workflow.

When clients pay invoices through Instant Checkout, incoming funds are routed into your Smart USD wallet, so invoicing, payment status and balances stay connected.

Yes. You can use Bancoli Smart Invoicing alongside your existing processes and invoicing tools while you decide how much of your billing you want to manage through Bancoli.