How to choose who must approve payments from your company wallet — so no single person can ever move funds alone.
You already know how this works
If your company has a bank account, you've probably set up a mandate: rules like "payments above ₦5m need two signatories." Your ENTA corporate wallet works the same way — except the rule is applied automatically to every payment, without paperwork, and without relying on a bank clerk to remember to check.
Multi-sig (multi-signature) means a payment only goes through when the required number of authorised people approve it. Each approval is made with that person's own passkey, on their own device, with their own Face ID or fingerprint.
Example: in a "2-of-3" setup, three people are authorised approvers, and any two of them must approve before a payment moves. One person alone — no matter how senior — cannot move company funds.
Who sets the rules
During onboarding, your company's verified Ultimate Beneficial Owners (UBOs) — the individuals confirmed as the real owners and controllers of the business — are onboarded as the wallet's approvers, each with their own passkey.
This matters: approval power starts with the verified owners of the business, not with whoever happens to have the office laptop. And your wallet can't send payments until every required owner has completed verification and set up their key — a half-set-up company can't move money.
Choosing your approval rule
Rule | How it works | Best for |
Single approver | One person approves alone | Sole founders and one-person companies. Fast, but no second pair of eyes. |
2-of-3 | Any 2 of 3 approvers | Most companies. Strong protection with practical speed — and if one approver is travelling, the other two keep the business moving. |
3-of-5 | Any 3 of 5 approvers | Larger teams, boards, or treasuries where broader consensus is required before money moves. |
A useful way to decide: "if one of our people was compromised or went rogue tomorrow, could they empty the account?" Under single-approver, yes. Under 2-of-3 or 3-of-5, no — an attacker would need to get past several people, on several devices, at once.
You can view and change your rule any time from the wallet's policy screen — no support ticket, no engineer.
Extra guardrails for larger payments
Your approval rule doesn't have to be one-size-fits-all. You can add:
High-value escalation — payments above a threshold you set can require more approvals than everyday ones. Routine supplier payments stay fast; big transfers get extra scrutiny.
Time delays — large payments can be held for a period you choose before they execute, giving your team a window to spot and stop anything that shouldn't be happening.
Together these mirror how a well-run finance function already thinks: light-touch for the routine, layered for the exceptional.
Your team can work without holding the keys
Approving payments and doing day-to-day work are deliberately separate.
You can give team members — finance staff, ops, business development — exactly the access their job needs:
View balances and history (e.g. your accountant)
Prepare payments and create invoices (e.g. your finance officer)
…all without approval power.
So your finance officer can queue up the week's supplier payments in the dashboard, but nothing moves until the required approvers sign off. When it's someone's turn to approve, they're notified in the app and can approve or reject right there.
What if an approver leaves the company or loses their device?
Approvers aren't set in stone. Your wallet admin can update the approver list from the policy screen — removing a departed employee or adding a replacement — and the change takes effect immediately. Someone who leaves your company doesn't take approval power with them.
Why this matters
No single employee can move company funds unilaterally — every payment must clear the rule your owners set.
A single compromised account isn't a catastrophe. One phished laptop or stolen phone can't empty the treasury.
Ownership and operations stay cleanly separated — the team works, the owners approve.
Your funds stay in your control. Payments are signed with your owners' passkeys, on their devices — Shiga never holds the keys to your money.
Still have questions? Message us in the chat — we're happy to help.