Remote jobs are gaining popularity in Zambia, creating a growing need for seamless global transactions. Grey meets this need by providing access to US accounts, allowing Zambian freelancers and remote workers to manage cross-border payments efficiently and effortlessly
In this guide, we’ll show you how to easily set up your account and make cross-border banking accessible from Zambia.
Save on exchange fees: In Zambia, dealing with foreign currencies like USD or GBP often comes with high conversion costs. A US account allows you to receive payments directly in USD, cutting out the need for conversions and saving money.
Simplify international transactions: With Zambia's growing export sector and increasing international trade, a US account makes it easier to deal with global clients and partners, offering a streamlined and cost-effective way to manage payments.
Access international opportunities: For remote workers and freelancers in Zambia, a US account makes it simpler to tap into international markets, particularly in industries like technology, finance, and consulting. This flexibility helps you access more job opportunities with global clients.
Enhance business reach: Zambian entrepreneurs looking to expand their businesses internationally can greatly benefit from a US account. This account simplifies invoicing, receiving payments, and managing business expenses in USD, making it easier to work with international partners.
Freelancers and remote workers: Many Zambian freelancers in digital fields like design, content writing, and IT development work with global clients. A US account helps them avoid currency conversion fees and delays in payment processing.
Small business owners: Entrepreneurs who trade with US-based clients or suppliers can streamline their financial operations with a US account. This allows for quicker payments, easier invoicing, and better management of cross-border transactions.
Digital nomads: Zambian digital nomads who travel and work remotely can benefit from a US account, enabling them to receive income in USD without worrying about exchange rate fluctuations, ensuring smoother financial management from anywhere in the world.
Opening a Grey account is straightforward and can be done in minutes.
First, visit grey.co on your browser and sign up by creating an account with your email.
Then follow the prompts and ensure you enter your correct details for a seamless setup.
Next, you’ll need to verify your identity — a crucial step for meeting regulatory requirements. This process is particularly important for non-U.S. residents, as Grey specialises in providing accounts for individuals outside the United States.
Verification process for Zambia
Prepare your documents: Have a valid government-issued ID (e.g., passport or national ID) and proof of address (e.g., utility bill, bank statement, or rental agreement) ready.
Upload your documents: Submit your documents via the Grey platform. Ensure they are clear and up-to-date for quick approval. Grey typically reviews and verifies accounts within minutes or up to 24 hours.