Company Registration in WIO

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UAE

Wio Bank is a digital financial platform established in 2022 with the goal of providing advanced banking services and products for individuals and businesses. Wio Bank is regulated by the Central Bank of the UAE, with shareholders including Abu Dhabi Development Company ADQ, Alpha Dhabi Holding, e&, and First Abu Dhabi Bank (FAB). Founded on principles of flexibility, accessibility, and technological progress, Wio Bank aims to transform the banking sector by making it convenient and accessible for every client. Wio Bank offers three main products in different rates: Wio Business (rates Wio Standard, Wio Plus) Wio Personal (rates Wio Essential, Wio Grow) Wio Invest Wio BusinessA product aimed at freelancers, startups, and small, medium, and large businesses, providing flexible and convenient banking solutions. Overview and Key Features: Access to a Corporate AccountJoint financial management by multiple users with multi-level approval.Multi-Currency Accounts. Accounts in AED, USD, EUR, and GBP are available for international payments, with a guaranteed exchange rate for transfers from AED to USD. Automation of Accounting OperationsIntegration of the corporate account with leading accounting platforms for managing invoicing, VAT, procurement, payroll, and other operations.Invoicing. Automated tools assist in creating invoices, generating instant Stripe links for bill payments, and accepting payments through POS terminals. Payroll Payments (WPS)A simplified system for transferring employee salaries using WPS. Employee Bank CardEmployees can use physical and virtual cards for pre-approved expenses with set limits. Saving Spaces AccountSaving funds in separate accounts for tax payments, rent, and other bills. Wio Business CreditAccess to loans up to 250,000 AED for business development at low interest rates, with loan applications reviewed within 3 working days. Wio PersonalA product for individuals, offering mobile and online banking solutions. Overview and Key Features: Spending with WioThe Wio Personal Mastercard allows for the use of both personal and borrowed funds, switching between debit and credit modes on a single card, earning cashback on all expenditures. The card is available in both physical and virtual formats, enabling real-time transaction tracking and budget control. Wio CreditOffering low-interest credit with a 60-day interest-free period and instant application approval. It provides the option to choose billing dates and enable autopayments to avoid missed payments. Savings AccountSavings with the best interest rates are available in two types: Fixed Saving Spaces and Saving Spaces. Fixed Saving Spaces offer higher interest rates for a fixed term, while Saving Spaces provide flexibility in money management, requiring no minimum balance and allowing instant access to funds. Investment AccountAccess to over 2,000 UAE and US stocks, ETFs, and fractional shares through a single app with easy account funding and instant trading, starting from just $1. International TransfersSecure money transfers to over 100 countries with competitive exchange rates and no hidden fees. Automated Recurring TransfersThe "Scheduled Transfers" feature allows for automatic regular payments to any valid IBAN, eliminating the need for manual reminders. Wio Carbon Calculator Tracking and improving daily spending with environmental impact in mind, with the option to offset the carbon footprint through donations to restore the UAE's mangrove ecosystems. Wio InvestA product for private investors, offering a convenient online platform for managing investments. This includes access to various investment tools and services. Wio Bank does not have its own ATMs, but cash withdrawals and deposits can be made without fees at First Abu Dhabi Bank (FAB) ATMs.

What you get:

  • Digitalization
  • Quick account opening
  • Innovative Technologies
  • Multi-Currency Support
  • Wide range of services
  • Competitive terms
  • Security and Confidentiality
  • 24/7 Customer Support

About WIO Bank

Wio Bank is a digital financial platform established in 2022 with the goal of providing advanced banking services and products for individuals and businesses.

Wio Bank is regulated by the Central Bank of the UAE, with shareholders including Abu Dhabi Development Company ADQ, Alpha Dhabi Holding, e&, and First Abu Dhabi Bank (FAB). Founded on principles of flexibility, accessibility, and technological progress, Wio Bank aims to transform the banking sector by making it convenient and accessible for every client.

Wio Bank offers three main products in different rates:

  • Wio Business (rates Wio Standard, Wio Plus)
  • Wio Personal (rates Wio Essential, Wio Grow)
  • Wio Invest

Wio Business
A product aimed at freelancers, startups, and small, medium, and large businesses, providing flexible and convenient banking solutions. 
Overview and Key Features:

  • Access to a Corporate Account
    Joint financial management by multiple users with multi-level approval.Multi-Currency Accounts. Accounts in AED, USD, EUR, and GBP are available for international payments, with a guaranteed exchange rate for transfers from AED to USD.
  • Automation of Accounting Operations
    Integration of the corporate account with leading accounting platforms for managing invoicing, VAT, procurement, payroll, and other operations.Invoicing. Automated tools assist in creating invoices, generating instant Stripe links for bill payments, and accepting payments through POS terminals.
  • Payroll Payments (WPS)
    A simplified system for transferring employee salaries using WPS.
  • Employee Bank Card
    Employees can use physical and virtual cards for pre-approved expenses with set limits.
  • Saving Spaces Account
    Saving funds in separate accounts for tax payments, rent, and other bills.
  • Wio Business Credit
    Access to loans up to 250,000 AED for business development at low interest rates, with loan applications reviewed within 3 working days.

Wio Personal
A product for individuals, offering mobile and online banking solutions. Overview and Key Features:

  • Spending with Wio
    The Wio Personal Mastercard allows for the use of both personal and borrowed funds, switching between debit and credit modes on a single card, earning cashback on all expenditures. The card is available in both physical and virtual formats, enabling real-time transaction tracking and budget control.
  • Wio Credit
    Offering low-interest credit with a 60-day interest-free period and instant application approval. It provides the option to choose billing dates and enable autopayments to avoid missed payments.
  • Savings Account
    Savings with the best interest rates are available in two types: Fixed Saving Spaces and Saving Spaces. Fixed Saving Spaces offer higher interest rates for a fixed term, while Saving Spaces provide flexibility in money management, requiring no minimum balance and allowing instant access to funds.
  • Investment Account
    Access to over 2,000 UAE and US stocks, ETFs, and fractional shares through a single app with easy account funding and instant trading, starting from just $1.
  • International Transfers
    Secure money transfers to over 100 countries with competitive exchange rates and no hidden fees.
  • Automated Recurring Transfers
    The "Scheduled Transfers" feature allows for automatic regular payments to any valid IBAN, eliminating the need for manual reminders.
  • Wio Carbon Calculator
    Tracking and improving daily spending with environmental impact in mind, with the option to offset the carbon footprint through donations to restore the UAE's mangrove ecosystems.

Wio Invest
A product for private investors, offering a convenient online platform for managing investments. This includes access to various investment tools and services.

Wio Bank does not have its own ATMs, but cash withdrawals and deposits can be made without fees at First Abu Dhabi Bank (FAB) ATMs.

Currencies with a working international bank

Recently searched

  • Opening Corporate Bank Account

    WIO Bank
    Banking service:

    Opening a corporate bank account in the UAE enables companies to efficiently manage corporate finances, conduct local and international transfers, control cash flow, and access a wide range of financial services. It ensures access to a stable banking system and modern financial tools that support successful business operations both locally and globally.

    Price from3 670 AED
    Duration10 bus. days
  • Opening Personal Bank Account

    WIO Bank
    Banking service:

    Opening a personal bank account in the UAE enables residents to effectively manage their finances, make transfers, withdraw cash, and access a wide range of financial services. It ensures access to a stable banking system and modern financial tools for local and international operations.

    Price from1 500 AED
    Duration2 bus. days

We offer products WIO

  • Bank Accounts Opening Service

    Services for opening any type of bank accounts -- business or personal

Terms and Conditions for Bank Account Opening

  • Type of business: Companies registered in the UAE with a valid license
  • Type of business: Freelancers with a freelance permit issued by the licensing authority
  • Type of business: Sole proprietors or individuals with exclusive rights to open and operate a bank account for their company
  • Personal bank accounts could be opend for UAE residents only.

Reasons for Bank Refusal

  • Type of business: Gambling establishments
  • Type of business: Unlicensed financial institutions
  • Type of business: Auction houses or antiques
  • Type of business: Charitable organizations and foundations
  • Type of business: Trading in jewelry and bullion
  • Type of business: Cryptocurrency exchanges and trading

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