Wamo

Fintech company offering local European and British IBAN accounts with incorporation services. Their merchant account helps businesses to start accepting credit cards via QR codes or payment links.

Active

E-Money

Business

Malta

Est. 2018

Wamo team photo

Licensed in:

Malta and United Kingdom

Photo of Yanki Onen

Yanki Onen

Founder & CEO

Money transfer

Payment networks

Currency Receive Send
USDSWIFTSWIFT
EURSWIFT, SEPASWIFT, SEPA
GBPSWIFT, Faster PaymentsSWIFT, Faster Payments

Supported currencies

USD, EUR and GBP

Receive payments locally in

European Union and United Kingdom

Send payments locally in

European Union and United Kingdom

Account opening criteria

Service area

Wamo offers accounts to companies incorporated and residing in the countries below, except for those listed in their blacklist

Countries of incorporation

European Economic Area, Gibraltar, Switzerland, United Kingdom

Director's residency

Any country excluding blacklist

Blacklisted countries

  • Afghanistan
  • American Samoa
  • Bahamas
  • Belarus
  • Botswana
  • Cameroon
  • Central African Republic
  • Congo
  • Cuba
  • Eritrea
  • Ethiopia
  • Ghana
  • Guam
  • Guinea
  • Iran
  • Iraq
  • Lebanon
  • Liberia
  • Libya
  • Mali
  • Myanmar
  • Nigeria
  • North Korea
  • Pakistan
  • Panama
  • Puerto Rico
  • Russian Federation
  • Samoa
  • Saudi Arabia
  • Somalia
  • South Sudan
  • Sri Lanka
  • Sudan
  • Syrian Arab Republic
  • Trinidad and Tobago
  • Tunisia
  • Ukraine
  • United States Virgin Islands
  • Venezuela
  • Yemen
  • Zimbabwe

Fees and cost

Min. account opening fee

€99.99

Min. maintenance fee

€19.99

Initial deposit

Any

SEPA

Receive

€0.99
per transfer

Send

€0.99
per transfer

Faster Payments

Receive

€0.99
per transfer

Send

€0.99
per transfer

SWIFT

Receive

€14.99
per transfer

Send

€14.99
per transfer

Cards

Picture of Wamo Physical Visa Debit Card

Physical Visa Debit Card

Issuance

€9.99

Maintenance

Free

Currencies

EUR, GBP

For companies in:

United Kingdom, European Economic Area, Gibraltar and Switzerland

Picture of Wamo Virtual Visa Debit Card

Virtual Visa Debit Card

Issuance

€0.99

Maintenance

Free

Currencies

GBP, EUR

For companies in:

European Economic Area, Gibraltar, Switzerland and United Kingdom

Legal structure

Name

WAMO.IO LTD

Address

Technique Building 132-140 Goswell Road, Unit 3, London, EC1V 7DY

Company number

Incorporated date

December 6, 2019

License type

FCA E-Money

License number

Advantages

Human support

Merchant account

Company formation services

Accepting non-resident business

Schedule recurring payments

Debit cards for employees

Open business account with Wamo

Trillex is a directory site helping entrepreneurs find a payment solution for their business. Site offers a list of EMIs and banks categorized by country where they hold a license.
Embion Ltd © 2023