Using the Kvarn X service requires creating an account and completing strong identity verification. You can open an account as either a private or business customer as follows:
Opening an account
Go to www.kvarnx.com or open the Kvarn X mobile app and select Create account.
Select the account type: Personal account or Business account
Verify your identity using either your online banking credentials or your passport
Complete the registration form, provide your personal bank account details (account for withdrawals) and accept the Terms of Service.
Private customer: You will receive a confirmation email and your account will be ready to use immediately.
Business customer: You will receive a confirmation email after your account has been reviewed and approved
Log in, deposit funds and start trading.
Business account documents
⚠️ Please note! Registering a business account requires submitting the documents listed below. You will receive a request to provide these documents by email no later than 24 hours after registration.
The following documents are required for business account registration:
Company register extract or equivalent official company registration document (no more than 3 months old)
Articles of Association (or association rules)
Description of the company’s ownership structure
Power of attorney or another document verifying the right to represent the company (e.g. minutes of a Board of Directors meeting)
Customer due diligence (KYC) and anti-money laundering (AML)
During registration, we ask for legally required background information, such as:
Nationality
Country of tax residence
Source of funds
For business accounts, you must also provide:
Basic company information
The company’s beneficial owners
This is part of the regulatory requirements for preventing money laundering and terrorist financing.