BUSINESS FAQ'S
Unplex Business Payments
& other corridors
What is Unplex for Business?
Unplex for Business lets US companies pay international suppliers, contractors, and gig workers directly from their business bank account - with the same transparent pricing and fast settlement as personal Unplex transfers, built for recurring and bulk payouts rather than one-off personal transfers.
Which countries can I send business payments to?
US-to-India and US-to-Canada are live today. Payments from the USA to Mexico, the UK, and Europe, the Philippines, Brazil, and Colombia are next on the roadmap.
How is a business payment different from a personal transfer?
A business account is verified under your company's name (not an individual's), supports paying multiple recipients in one session, and is built for recurring payroll- or invoice-style payments rather than person-to-person transfers. A business account requires a dedicated sign-up flow.
What documents do I need to open a business account?
Your company's certificate of incorporation, EIN/tax ID, proof of business address, and government ID plus proof of address for the beneficial owner(s) and any director completing verification.
How much does it cost to send a business payment?
Flat fee of 0.35% at the Google exchange rate.
What exchange rate do you use for business payments?
Live exchange rate from Google, as seen on Google.
How long do business payments take?
US-to-India business payments typically take 1 to 2 business days. Sometimes, larger payments or payments to certain beneficiaries may have added review time.
Can I pay multiple suppliers or contractors at once?
Currently, you can add beneficiaries one at a time. Please contact support if you need add beneficiaries in bulk.
What are the transfer limits for business accounts?
Up to $15,000 in a single transfer.
Does Unplex for Business integrate with accounting software?
We currently don't support this.
Is Unplex for Business regulated and safe for large payments?
Unplex is registered with FinCEN (USA) and FINTRAC (Canada) with the same encryption and fraud monitoring as the personal product.
Can a contractor or supplier receive payment without creating an Unplex account?
That's right. The recipient doesn't need to create an Unplex account. They receive funds directly to their bank account as an unregistered beneficiary.
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