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How to open a company account at Luno

Thank you for your interest in opening a company account at Luno. Note that due to compliance measures, only South African registered companies can open and verify a company account with Luno. Our goal is to make it easy for people to buy, sell and learn about Bitcoin; individuals from our supported countries can still open and verify an account in their personal capacity.

A company account allows you to deposit and withdraw local currency to and from your Luno account using your company bank account, instead of your personal bank account. You can also integrate with the Luno API to connect digital currency features into your platform. The fee structure for a company account at Luno is the same as for personal accounts.

Please follow these steps to apply for a company account:

  1. Sign up for an account with Luno using your company email address

  2. Complete the Company Account Application Form

  3. Our Compliance team will review your application

  4. If your application is successful, a representative will contact you with a request for required documents.

  5. If all your documents are in order, you’ll be notified that your account is ready

Please note:

  • The process of opening a company account can be a lengthy process as we are required to conduct enhanced due diligence on all applications

  • The email address used to open to your company account will be used for all further communication. We will not be able to assist you should you contact us from any other email address

  • Company accounts are currently only available to companies registered in South Africa 

  • The current estimated processing time is 4 - 6 weeks

  • Luno reserves the right to reject any applications

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