Company or trust crypto accounts

Yes. Registered New Zealand companies can open a crypto account and trade digital assets through an approved exchange.

To do so, the company must complete identity verification, provide required registration documents, and operate in accordance with applicable regulatory obligations.

On Swyftx, company accounts are created as dedicated entity profiles under a verified personal Swyftx account.

Yes. New Zealand businesses, including companies and trusts, can trade cryptocurrency provided they comply with relevant legal, tax, and reporting obligations.

Entities are responsible for ensuring their trading activity aligns with their governing documents and regulatory requirements. Many businesses use a dedicated entity account to maintain separation between business and personal activity.

Cryptocurrency trading is legal in New Zealand.
Companies and trusts may buy, sell, and hold digital assets, subject to applicable tax laws, reporting requirements, and regulatory obligations.

Swyftx follows New Zealand’s AML and CFT requirements and holds SOC 2 Type 1 certification for data protection and operational security.

Company and trust accounts are subject to the same published trading fees as personal accounts.

There are no separate account establishment or maintenance fees specifically for opening an entity account. Trading costs are outlined transparently and apply consistently across supported digital assets.

Document requirements vary depending on the entity type.

You may be required to provide company or trust registration documents, details of directors or trustees, and identification documents for authorised individuals. Additional information may be requested to complete verification.

For detailed document lists, refer to the company account setup guide or trust account setup guide.

Verification timeframes depend on the completeness and accuracy of submitted documentation.

Applications are reviewed once all required entity details and identification information have been provided. Delays may occur if additional clarification or documentation is required.

Yes. Entity applications are initiated from a verified personal Swyftx account.

Each company, trust, or SMSF account is created as a sub-account under your primary login. This allows you to access both personal and entity profiles without separate credentials.

Yes. Company and trust accounts can include multiple authorised members.

Each director, trustee, or authorised representative must complete personal verification and accept an invitation before access is granted. Permissions can then be assigned according to the entity’s internal requirements.

No. Company or trust funds must be deposited into their corresponding entity account.

Maintaining separation between personal and entity funds is required under Swyftx’s Terms of Use and helps ensure accurate record-keeping and compliance.

If entity funds have been deposited into a personal account, contact support before proceeding with your entity application.

Our team can guide you through the appropriate next steps to ensure funds are handled correctly and account structures are set up properly.

KYC2 verification forms part of Swyftx’s customer identification procedures.

As part of this process, you may be required to provide additional information about your entity’s structure, the purpose of the account, and the source of funds. This helps meet regulatory obligations and maintain platform integrity.

Swyftx follows New Zealand’s AML and CFT requirements and holds SOC 2 Type 1 certification for data protection and operational security.

All accounts include two-factor authentication (2FA) and industry-grade encryption to protect your funds.