This article explains how to activate your USD virtual account in KAST. You’ll learn how the USD account works, how to activate it, what the different status types mean, and what to expect during review.
What Is the KAST USD Account?
The KAST USD Account is a virtual account that allows you to receive USD transfers directly into your KAST account from anywhere in the world. Once activated, you’ll receive dedicated banking details for receiving payments via:
- ACH
- Fedwire
- SWIFT
The USD account supports incoming USD transfers only.
Temporary update: USD Global Payouts via SWIFT are currently unavailable. When SWIFT is unavailable, you can: Use Local Payouts (if available in your country/corridor) or send cryptocurrency on-chain (for example, send to another wallet address or another KAST account)
How Do I Activate My USD Account in the KAST App?
You can activate your USD account directly in the app.
Steps
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What Happens After I Submit My USD Account Application?
After you submit your application, your USD account will go through a review process. Approval can take a few minutes in some cases, but may take longer depending on your region, submitted information, or additional checks.
Possible Statuses
Status |
What It Means |
|---|---|
Approved / Active |
Your USD account is ready to use and your receiving details are available in-app. |
Pending |
Your application is still being reviewed. Wait for the review to complete and check the app for updates. |
Rejected |
Your USD account could not be issued based on the review outcome. |
What Should I Do If My Status Is Pending?
If your account is pending, no further action is usually required while the review is in progress. If the status does not update after an extended period, contact KAST Concierge for assistance.
What Should I Do If My USD Account Is Rejected?
If your application is rejected, review the information you submitted to make sure everything is accurate and up to date. You can also contact KAST Concierge for guidance on possible next steps or whether reapplying is possible.
Why Can’t I Create a USD Account From My Location?
USD accounts are not available in all regions. If you see a location-related restriction, it means USD account services are currently unsupported in your country or region.
What Documents Can I Use for USD Account Verification?
To activate your USD account, you will be asked to complete identity verification using one of the following accepted documents:
- Passport
- National ID
- Driver’s License
- Residence Permit
Make sure your document is valid, clearly visible, and matches the information on your KAST account.
What Happens If I Already Have an Existing USD Account?
If you already have a USD virtual account on KAST, it will remain active after you activate the new global USD account. Your previous USD account could only receive USD payments from within the United States, while the new USD account supports receiving USD transfers globally.
| You will keep both accounts in your KAST app after activation. |
Frequently Asked Questions
Do I need to verify my KAST account before activating a USD account?
You must have a verified KAST account before activating your USD account. Verification helps confirm your identity and eligibility for USD account access.
How long does KAST USD account activation take?
KAST USD account activation usually takes between 24–48 hours. Some applications may take longer if additional review or information is required.
Why is my KAST USD account still pending?
Your KAST USD account application may still be under review. Some accounts require additional compliance checks depending on the submitted information or region.
Why was my KAST USD account rejected?
Your KAST USD account application may not have met the required review criteria. If your application is rejected, you can contact Concierge Support for more information or possible next steps.
Can I still use my KAST EUR account if my USD account is pending?
Your KAST EUR account can remain active even if your USD account is still pending or rejected. The status of your USD account does not affect access to your EUR account.
Can I use my KAST USD account to send money?
Your KAST USD account currently supports incoming transfers only. Outbound bank transfers and withdrawals are handled separately.