Multi-currency & FX
AED, USD, EUR, GBP and more. Competitive FX on international transfers.
Digital-native, for straightforward SME profiles
Digital-native business bank. Fast onboarding for straightforward SME profiles.
Off-hours — we reply first thing at 9:00 local. Vy is always on.
Digital-native business bank. Fast onboarding for straightforward SME profiles.
AED, USD, EUR, GBP and more. Competitive FX on international transfers.
IBAN, direct debit, WPS payroll and API access on the higher tier for automated payouts.
Instant virtual cards, physical cards, spend controls per employee — designed for teams.
Everything runs from the Wio Business app: KYC, statements, cards, spend controls, invoicing.
The lowest minimum-balance thresholds among the four banks we cover. Sensible for early-stage.
Video KYC and courier signature for straightforward profiles. Faster than any onshore alternative.
AED, USD, EUR, GBP and in-app FX for common majors on Business and Pro tiers.
Virtual and physical cards on activation.
In-app spend controls and multi-card issuing.
Not the strength.
Choose ENBD or ADCB when LCs, guarantees or trade loans are required.
Emirates NBDChoose if
Mashreq NEO BizChoose if
RAKstarterChoose if
Even Wio expects at least one signatory with a valid Emirates ID. A fully non-resident file is a hard stop.
Payments, custody, lending or crypto adjacency without the CBUAE licence — declined.
Free-zone licence saying “consultancy” while the pitch is clearly e-commerce or trading.
Even one sanctioned-country invoice in the sample pack kills the file.
Missing personal statements, unexplained inflows, or a founder story that does not match the funding narrative.
Wio does not run corporate trade-finance desks — very high-volume traders should route to ENBD or ADCB.
Your licence route, activity, and profile affect which banks are realistic. Tell us the setup and we’ll tell you whether this bank is a fit, what the pack needs, and what to fix before submission.
Sonsoto quoted us a line-item budget for the licence, visas and the bank pack up front. Nothing crept in later. That alone was worth the fee.
I’d already been rejected by two banks. Sonsoto told me why, changed the pack, and we opened with WIO in three weeks. Straight answers, no theatre.
They caught a corporate-tax filing we were about to miss and re-scoped the renewals so we stopped paying twice for the same work. Now they run everything.
We’d spoken to four firms and got four different price sheets. Sonsoto was the only one that showed us where the extras came from — and we didn’t need them.
Golden Visa done, family visas done, licence renewed. Same team, same WhatsApp thread. I don’t chase PRO agents anymore.
They told me RAK was a better fit than Dubai for our margin. I’d already paid a deposit somewhere else. They still refunded my Sonsoto retainer and helped me exit.
More clients onboarded, higher payout.
Straight to the account.
More referrals unlocks higher payouts.
