XTRM Advanced Services approval is required for remitters who will fund their wallets and process global payments.
It is not required to receive payments. To apply for XTRM Advanced Services, you must complete the online application. This requested information is required for banking and regulatory compliance. All companies wanting to use XTRM's Advanced Services must be verified as required by law. XTRM is regulated the same way banks are. These regulations are for your financial safety and to reduce risk. All information provided is used purely for financial and regulatory purposes and is not used for marketing in any way.
Note: If you are a company manager, you can complete this on behalf of your connected customers and partners.
The Organization's profile needs to be completed along with the identity level profile (IDL) set to "Advanced" before the Advanced Services is accessible.
Applications for Advanced Services can be accessed from the Home or the Profile screen once the Organization Profile is 100% complete
Select your country and select whether USA only or international payments. Please note the form varies depending on the country selected and the regulatory requirements for that country.
Submit for approval once completed. Approvals for domestic applications can take up to 1 to 2 business days and international up to 2 weeks, depending on the company, geography, business model, and market.