• Who can use Varmstra Business?

Varmstra Business is designed for small to medium-sized businesses. CEOs, accountants, freelancers and entrepreneurs use Varmstra Business to make fast, low-cost international payments on behalf of companies registered in Europe. Limited companies, partnerships, trusts, charities, sole traders and more can use Varmstra Business to send money ,airtime top-up and other varmstra products internationally.
One or more employees, within the same company, can send on behalf of the company by setting up separate Varmstra Business accounts. Multi-user accounts are not possible at this time. Only one account per person or company.

• Varmstra Reseller Is meant for who?

Varmstra Reseller is designed for freelancer, retail shop owner, call or cyber-shop owner, a supermarket owner or a company etc, who wish to grow their earnings?
One or more employees, within the same company or business, can execute transactions on behalf of the company or business by setting up separate Varmstra reseller accounts. Multi-user accounts are not possible at this time. Only one account per reseller or company.

• What are the minimum and maximum transfer amounts?

• Limits for Bank transfers, SWIFT, Mobile money transfers etc vary per the country you are send to and the recipient/beneficiary country.

• How long does it take to set up an account?

Setting up an account takes a few minutes. You can create a transfer as soon a o ? s registration is complete AND activated. When sending money, you might need to provide additional documents for verification. Check the next FAQS point on ‘’which documents do I need to provide’’ for the list of required additional documents needed for verification.

• How do I create an account?

To create a Varmstra Business/Reseller account, all you have to do is complete our sign-up form . Signing up is easy and only takes a few minutes.
Your company’s authorized representative can sign up in their name and use the account to send money on behalf of the company. We require the following information during registration:
Company representative’s details:

• Full legal name ( as in government issued identification documents)
• Phone number
• Date of birth
• Address

• Business details
• Company type
• Company name
• Company registration number (if any)

• Which documents do I need to provide?

When sending money, you might need to provide additional documents for verification. You may be require to provide the following:

• Proof of identity of the company representative
• Proof of personal address of the company representative
• Company bank statement
• Company registration documents
• Proof of company registered or operating address
• Shareholder registration documents
• Additional informations that can help us verify your company quicker

• Which countries and currencies are available?

You can use Varmstra o Reseller account to send money to 200+ countries including China, the United States, Hong Kong, Nigeria and Poland. For the full list of countries, see our coverage .
Depending on the sending and receiving country, you can make payments to consumers and businesses in the local currency of your recipient’s country. With a SWIFT transfer, you can also make a transfer in major currencies such as USD, EUR or GBP.
If you wish to send money to a business account, try indicating that in the narration field during the transaction

• How does Varmstra protect your money?

When you send money with Varmstra you can be confident your payments are safe and your bank details and other data are protected. Also we use secure technology through our tier 1 trusted partners and gateways to protect your account and transfers. 3D Secure -We use 3D Secure authentication to give your card payments an extra layer of security. Fraud detection-Our technology detects and monitors unusual activity to protect you from fraud and Encryption Encrypted communication on our website and apps protects your account against un-authorized access.