Secure, FDIC-partner For Benefit Of accounts with full KYC/AML compliance, ACH transfers, cash pickup, and real-time ledger tracking — purpose-built for dispensaries, cultivators, and processors.
One platform for all your banking and compliance needs — no need to cobble together multiple services.
A dedicated For Benefit Of account that keeps your cannabis business funds secure, compliant, and fully audited.
Send and receive ACH transfers to vendors, employees, and partners — with real-time ledger updates and status tracking.
Schedule vetted cash transport providers to collect cash from your premises and deposit it directly into your FBO account.
Built-in KYC/AML workflow with document management, sanctions screening, and periodic compliance reviews.
Pay licensed vendors, suppliers, and service providers directly from your FBO balance with full audit trails.
Double-entry accounting ledger gives you an always-accurate view of your FBO balance, pending transfers, and fees.
A simple four-step process from application to active FBO account.
Submit your business details, licenses, and owner information. Our compliance team performs KYC/KYB review within 1–3 business days.
Select a monthly or yearly plan. Your FBO virtual account and ACH routing details are provisioned instantly upon activation.
Receive ACH transfers or schedule a cash pick-up with one of our licensed transport partners to fund your account.
Pay vendors, receive business payments, withdraw funds to your linked bank — all tracked in your real-time ledger.
No setup fees. No hidden charges. Cancel anytime.
Evergreen FBO finally solved our cash management problem. We went from handling tens of thousands in physical cash to having a fully compliant, auditable account in under a week.
Maria T.
Owner, Sonoran Dispensary
Scottsdale, AZ
The KYC compliance portal and periodic review system gives us confidence that we're always audit-ready. The team's understanding of cannabis regulations is unmatched.
James K.
CFO, Desert Bloom Cultivators
Tucson, AZ
Cash pick-up service alone was worth it. No more worrying about transporting cash — our provider picks it up and our balance is credited the same day.
Sandra R.
Operations Director, Verde Processing
Phoenix, AZ
An FBO (For Benefit Of) account is a type of bank account held by one party for the benefit of another. Evergreen FBO holds pooled funds at an FDIC-member partner bank, with each cannabis business maintaining a virtual sub-account that reflects their exact balance through our double-entry ledger system.
Any state-licensed cannabis business operating in Arizona — including dispensaries, cultivators, processors, and distributors — can apply. All applicants undergo KYC/KYB review.
After submitting your application, our compliance team reviews your business registration, EIN, state licenses, beneficial ownership information, and sanctions screening. Most reviews are completed within 1–3 business days.
Evergreen FBO offers monthly and yearly subscription plans. Transaction fees may apply to certain transfers. All fees are displayed transparently before any transaction. See our Pricing page for full details.
Funds held in the Evergreen FBO pooled account are held at an FDIC-member partner bank. Pass-through FDIC coverage may apply up to $250,000 per beneficial owner. Please review our terms for full details.
Join Arizona cannabis businesses that trust Evergreen FBO for secure, compliant banking.
