# Setting up a Corporate UR Account

## Introduction

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Find out more about UR [here](https://docs.ur.app/concepts/what-is-ur).
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This is the first step for partners who wish to allow your users to natively transfer funds to and from your platform (i.e. custodial balance) and their UR fiat balance. Refer to [transfer-assets-to-partner-platform](https://docs.ur.app/concepts/transfer-assets-to-partner-platform "mention") for detailed breakdown of the flow.

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**Complete KYC/KYB Verification**

Reach out to our BD representatives to get this started.
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**Provide EVM Wallet Address where Partner's UR NFT will be stored**

This address will be where your Partner UR NFT (i.e. corporate UR identity) will be stored.

Considerations

1. Depending on the scale of funds expected, it is recommended for the Partner to choose an appropriate wallet for this setup. We typically see Partners using [Safe{Wallet}](https://safe.global/), or MPC solutions such as Fireblocks.
2. EOA wallets are not ideal for integrations as they lack flexible access management. Smart contract wallets offer better scalability by allowing signer updates and permission changes without disrupting operations.
3. The wallet must be capable of performing transactions programmatically to ensure a seamless UX for your users.
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**Account Opening Completed**

You will be informed of your corporate UR ID. This will be used to manage fund flows between your users, and will be used to map user relationships afterwards.
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