How do I know if my Organization is eligible for a Klear Financial Account?

Klear Financial Accounts are available only to U.S. businesses. To qualify, your business must meet the following requirements:

U.S. Business Criteria

• Physical Presence: The business must operate from an address within the United States.
  PO boxes, highway contract boxes, registered agent addresses, or private mailboxes are not accepted.
  
  
• Authorized Representative: At least one account representative or beneficial owner must reside at a U.S. address (not a PO box, highway contract box, registered agent address, or private mailbox).
  
  
• U.S. Registration: The business must be a U.S.-registered legal entity (e.g., LLC, Corporation, Sole Proprietor).
  Non-U.S. ownership does not automatically disqualify a company but may trigger additional review.
  
  

Domestic Funds Only: Financial Accounts cannot be used to send or receive funds from sources outside the United States.

Verification Process

Stripe, Klear’s payment processing partner, will verify:

• Legal entity name and type
  
  
• Employer Identification Number (EIN)
  
  
• Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN)
  
  
• Business and representative addresses
  
  

Official documentation may be requested to confirm these details.

Prohibited Business Categories

The following business types are not eligible for Klear Financial Accounts:

• Adult industry, escort, or dating services
  
  
• Arms trading or manufacturing
  
  
• ATMs or money services businesses
  
  
• Bail bonds
  
  
• Casinos, gambling, or gaming
  
  
• Debt collection or credit repair services
  
  
• Door-to-door sales
  
  
• Government agencies or entities
  
  
• Hemp or marijuana businesses
  
  
• Illegal drug products or services
  
  
• Payable Through Accounts
  
  
• Payday lending or tax anticipation programs
  
  
• Person-to-person payment platforms
  
  
• Shell corporations
  
  
• Telecommunications or surveillance equipment providers
  
  
• Unfair, deceptive, or predatory business models (including MLMs and pyramid schemes)
  
  
• Unregistered charities
  
  
• Warranties and lifetime guarantee programs
  
  

Note:
Klear partners with Stripe Payments Company for money transmission and account services, with funds held at Fifth Third Bank, N.A., Member FDIC.
These eligibility requirements are derived directly from Stripe’s Financial Account policies.