Getting Started
Get started with Loop and manage your international accounts, payments, and FX in minutes.
10 articles
Quick Start Guides
Follow step-by-step guides to get up and running with Loop fast.
Getting Started: Loop AccountsYour account includes multi-currency accounts in CAD, USD, EUR, and GBP. Hold balances securely, and when you’re ready to receive payments, upgrade to Operating Accounts to get paid like a…
Getting Started: CardsCreate virtual and physical Loop Global Visa cards in just a few clicks. Choose between an Account-Linked Card (ALC), which draws directly from your Loop Account balances, or a Loop Global Visa…
Getting Started: Loop Global Visa Credit CardThe Loop Global Visa Credit Card is a multi-currency business card that helps you spend smarter and scale globally. Get up to $1M in credit, a 55-day interest-free grace period…
Getting Started: PaymentsLoop makes it easy for your business to send and receive payments around the world. You can pay vendors, contractors, and suppliers in over 200 countries — and get paid…
Getting Started: Understanding Account BalancesYour Loop account balances show the money available in each of your currency accounts — CAD, USD, EUR, and GBP. You can use these balances to send payments, make FX…
Registration and Onboarding
Learn how to sign up, verify your business, and start using Loop with ease.
Why Loop Collects Tax InformationLoop collects information about your tax residency to comply with the Canada Revenue Agency and/or Internal Revenue Service. During onboarding, you’ll answer a few questions and sign the necessary forms…
Eligibility
Check if your business qualifies for Loop
Who can apply for a Loop AccountLoop Accounts are available to registered Canadian businesses. Any authorized signatory of the business can apply. We currently support Corporations, Partnerships, and Registered Charities, with plans to expand internationally in…
Which industries are restricted from using Loop?Loop can’t offer Accounts or Cards to certain business types or industries. This helps us meet regulatory and compliance requirements. Check below to see if your business is eligible before…
Can Loop open Accounts for non-profit organizations?Loop can open Accounts for non-profit organizations that are registered charities under Canadian law. If your organization isn’t officially registered as a charity with the Canada Revenue Agency (CRA), we’re…
What business types can use Loop?Loop Accounts are currently available only to registered Canadian businesses. We’re working toward expanding to other regions soon.