Customer Profile(CP) vs Customer Profile+(CP+)

Depending on the nature of your business, facilitating these first party transfers require the setting up of either Customer Profile (CP) or Customer Profile+ (CP+) accounts. The 3 differences between CP and CP+ accounts are that CP+ accounts require more KYC information and have lower transaction limits compared to CP accounts. Additionally, transactions under the CP+ model are in USD only.

Some examples of partners under this model are crypto exchanges. If you are unsure whether you fall under this category, contact us.