Profile last updated May 2024
wamo offers e-Residents a straightforward path to establish their business presence in Europe. Enjoy the benefits of banking services made easy with an e-Residency approved business account, featuring a European IBAN and an EU Visa debit card.
⏱ Quick and Easy Setup: Starting your business account in Estonia is swift with wamo.
🌍 Be Everywhere in Europe: Operate locally across Europe, no matter where you are.
💷 Local and International Payments, Anywhere: wamo supports instant local (SEPA and FAST) and international payments.
💳 Physical and Virtual Debit Cards: Benefit from the flexibility of Visa Debit Physical and Virtual Cards linked to your sub-accounts.
💶 Multi-Currency Management: With GBP & EUR IBAN options, wamo offers competitive FX rates for currency exchanges between your accounts.
🔗 Robust Integrations: wamo integrates with various accounting, financial, and organizational products, streamlining your business processes for maximum efficiency.
Prices include Estonian VAT (22%)
Required documentation for account opening:
- Company incorporation documents (including proof of shareholder structure, proof of address)
- ID and proof of address of Managing Directors and Ultimate Beneficiary Owners
Details: https://help.wamo.io/en/collections/3547443-eligibility
You'll be able to apply for a wamo business account if your company is registered in the European Economic Area (EEA) or United Kingdom.
This includes:
Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden, United Kingdom.
Avram Rami Hayim
March 2025
March 2025
WAMO is one of the premium service providers in the payments and card issuance business. they have a reliable service in the SEPA business area. They open accounts for a variety of business lines. their service in USD will be launched very soon. They also have integration and coverage of 3rd party services such as accounting and invoice issuance.
Estevão Jadanhi Neto
April 2024
April 2024
Absolutely no complaints about wamo.io, they are one of the very few services which has actually allowed me, a non EU/US resident to open an account for my OU. If you have all your documents in order (proof of income, passport scan, etc), they can open you an account for you business very fast. Customer service is very attentive, and the iOS app is super easy to use and straightforward. Keep up the great work!
Gi Hyun Nam
March 2024
March 2024
I highly recommend the service to others. I've been hustling to open an account with various platforms and services. However, Wamo was the most friendly and willing to help you out rather than questioning (which is necessary for KYC - I understand that as well). Love the team and they are also looking for ways to make things better and always listening to the need!
Ali Riza Babaoglan
January 2024
January 2024
Very happy with Wamo services since 2021!
Mohamed Talha
October 2023
October 2023
I attempted to initiate an account with wamo, but regrettably, my application was not accepted, and the exact cause remains undisclosed. I was requested to verify my identity through an e-residency. However, following the submission of my e-residency, I was subsequently asked to provide a e-residenc document that includes a personal photo. It's worth noting that electronic residencies do not feature personal picture. This situation has left me perplexed, especially considering their status as an official partner in the e-residency program. Furthermore, they do not accept electronic applications from individuals e-residing in Estonia. This circumstance has raised concerns about their familiarity with the partnership between WAMO and the Estonian government, which offers the e-residency program. I strongly believe that this matter necessitates attention and corrective action. Warm regards, Mohamed
