Hey bunqers 🌈
During your Business account verification, you’ll be asked about your monthly transaction volume. We need this information so that we fully understand your business and your account’s expected regular activity.
The total amount of money you expect in incoming and outgoing transactions per month.
How can I calculate my monthly transaction volume?
Your monthly transaction volume is calculated as the total number of processed Business transactions in the past year divided by 12 (months). If your business is brand new and doesn't have any payment history, you can also simply provide an estimate.
An easy way to calculate your monthly transaction volume is to simply export an annual overview and calculate the average with an online tool. Once you have the number, simply share it in the app and continue with your Business verification 🚀
Related topics
Want to learn more? Explore more bunq knowledge here 🌈
