We’ve made sure opening a business account is as fast, simple and secure as it can be with minimal paperwork or hassle.

For sole traders

You will only need to provide basic details about yourself and proof of identity. Depending on your country of residence, we may ask you to verify your sole trader status as well.

For registered companies (e.g. LLC)

In addition to basic information about yourself, we will also ask for:

  • Company registration name and number

  • Memorandum of Incorporation and Articles of Association

  • Proof of shareholder structure

  • Proof of identity for any directors, UBOs, and shareholders. You can use your national identity card, passport or driving license as valid forms of identity.

Additional details

The director opening the account must have their identity document physically with them to complete a digital biometric test online. UBOs, shareholders, and other directors can use a clear image or scan of their identity document.

The director(s) don't need to be physically present for verification to open an account with wamo. All verification is done digitally, from your desktop or on our mobile app wamo business.

After your account has been successfully opened we'll get in touch personally to get to know your business better. This is part of our legal responsibility and responsibility to you to provide the best service and experience we can.

See how smooth it is and open a wamo business account now.

Get in touch with us for any questions via our support chat or by emailing support@wamo.io. We look forward to welcoming you to wamo!

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