Wio Account Type

Wio offers a variety of account types tailored for different business needs, including business accounts for UAE-based companies and freelancers. The primary account types available are:

• Wio Business Account: Designed for UAE-based companies with a valid trade license, allowing seamless management of business finances.
• Freelancer Account: Available for freelancers with a freelancer permit, providing essential banking services tailored to their needs.

Each account type offers features like automated admin tasks, local and international transfers, and access to digital banking services.

Wio Broker Account Opening Process

To open a Wio business account, follow these steps:

• Eligibility: Ensure your company is based in the UAE and has a valid trade license. Freelancers must have a freelancer permit.
• Required Documents:
• Memorandum of Association (MOA)
• Trade License
• Power of Attorney (POA)
• Board Resolution
• Proof of Address (e.g., utility bill, bank statement)
• Emirates ID and Passport copies of partners (if applicable)
• Application:
• Download the Wio Business app from the App Store or Play Store.
• Complete the application process within the app, submitting the required documents.
• Verification: A physical verification may be required to complete the account opening process.
• Account Activation: Once your application is approved and documents verified, your account will be activated, allowing you to manage your business finances efficiently.

This streamlined process ensures that businesses can quickly access the financial tools they need.