Duration of Approval

When you complete the KYC process at Finofo by submitting your required information, the team at Finofo quickly takes over to review your application. In most cases, they can activate your account within just one business day, provided no additional information is required. This rapid process aligns with Finofo's adherence to FINTRAC regulations, balancing speed with necessary security and compliance checks.

There may be instances when Finofo needs to gather more details from you. In such cases, your prompt response can greatly facilitate the completion of your account setup. The process is designed to be as efficient and streamlined as possible, aiming to minimize any delays so you can begin using Finofo's services quickly.

To expedite your account opening with Finofo, ensure that all the information you provide is accurate and complete. If Finofo sends emails requiring action, especially to company stakeholders, responding promptly can significantly reduce the time it takes to finalize your account. Finofo's team is dedicated to providing a smooth and hassle-free onboarding experience, enabling you to start your financial operations with them as soon as possible.