USD accounts FAQs

What are Klasha USD accounts/IBANs?

Klasha USD IBANs allow merchants to create USD accounts using their business names. They work like regular bank accounts, with unique IBANs that can be funded via transfers, cards, and deposits.

Which businesses can create the USD IBANs?

Businesses that are not Fintechs and are not registered in a sanctioned country can create the Klasha USD IBANs.

What are the necessary documents to apply for an IBAN?

As a registered Klasha merchant, you do not need to upload any documents. You only need to provide additional information about your company directors and account beneficiaries.

How to request USD IBAN on Klasha

To request an IBAN, you need to create a USD wallet.

Click on USD wallet
Click on Fund
Click on Get USD account details
Click on Continue on the Get USD account details prompt
Provide your company’s details
Enter the details of the directors in your organisation.
Provide your beneficiary’s details.
Review the creation fee that will be displayed, approve it, and then proceed.

The provided details will be reviewed, and if successful, an account will be issued within 48 hours. You'll be notified via email once the review is completed. If approved, the account details will be displayed on your dashboard.

Which countries can create the USD IBANs?

Any country NOT in the list below can create and use Klasha’s USD IBANs.


Countries
ISO Code	2 Digit
ISO	Transactional (Bank Transfers In &
Bank Transfers Out)
Afghanistan	AFG	AF	Afghanistan
Albania	ALB	AL	N/A
American Samoa	ASM	AS	N/A
Anguilla	AIA	AI	N/A
Armenia	ARM	AM	N/A
Azerbaijan	AZE	AZ	Azerbaijan
Barbados	BRB	BB	N/A
Belarus	BLR	BY	Belarus
Benin	BEN	BJ	N/A
Bosnia and Herzegovina	BIH	BA	N/A
Burkina Faso	BFA	BF	Burkina Faso
Burundi	BDI	BI	Burundi
Cambodia	KHM	KH	N/A
Cape Verde	CPV	CV	N/A
Central African Republic	CAF	CF	Central African Republic
Congo, The Democratic Republic of	COD	CD	Congo, The Democratic Republic of
Cote d'Ivoire	CIV	CI	N/A
Cuba	CUB	CU	Cuba
Equatorial Guinea	GNQ	GQ	N/A
Eritrea	ERI	ER	Eritrea
Fiji	FJI	FJ	N/A
Gambia	GMB	GM	N/A
Guam	GUM	GU	N/A
Guinea	GIN	GN	Guinea
Guinea-Bissau	GNB	GW	Guinea-Bissau
Haiti	HTI	HT	Haiti
Iran, Islamic Republic of	IRN	IR	Iran, Islamic Republic of
Iraq	IRQ	IQ	Iraq
Korea, Democratic People's Republic of
PRK
KP	Korea, Democratic People's Republic of
Kosovo	XKX	XK	N/A
Lao, People's Democratic Republic	LAO	LA	N/A
Lebanon	LBN	LB	Lebanon
Liberia	LBR	LR	N/A
Libya	LBY	LY	Libya
Mali	MLI	ML	Mali
Marshall Islands	MHL	MH	Marshall Islands
Moldova, Republic of	MDA	MD	N/A
Mongolia	MNG	MN	N/A
Montenegro	MNE	ME	Montenegro
Myanmar	MMR	MM	Myanmar