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UAQ FTZ partners with Wio Bank for seamless digital banking services

UAQ Free Trade Zone has collaborated with WIO Bank to provide advanced banking solutions.

By UAQ Free Trade ZonePublished 1 min read

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UAQ Free Trade Zone has partnered with WIO Bank to offer advanced banking solutions tailored to the needs of SMEs, entrepreneurs, and freelancers. Wio Bank provides digital business banking services to license holders. Experience streamlined banking for your business with WIO Bank at UAQ Free Trade Zone.

Benefits for UAQ Free Trade Zone clients include:

  • Chequebook issuance
  • Free debit cards
  • Payment links on invoices with Stripe
  • No minimum balance requirement.
  • Payroll solution with WPS (Wage Protection System)
  • Multi-currency accounts (USD, GBP, EUR, and AED)
  • Easy account opening/switching process
  • Instant virtual cards
  • 100% digital bank account
  • Simplified finance management tools for business needs
  • Customized financial services for specific business models
  • Empowerment for businesses to seamlessly offer banking products
Steps to open a Wio Business account:

Step 1 : Download the Wio Business app.

Step 2 : Scan the original Emirates ID and passport.

Step 3 : Upload copies of the following documents:

  • Trade license or freelancer permit.
  • Proof of address.

Mandatory if applicable:

  • Memorandum of Association
  • Partnership Deed
  • Board Resolution
  • Power of Attorney

For more details, visit

Wio Business

Source: uaqftz.gov.ae/news/uaq-ftz-partners-with-wio-bank-for-seamless-digital-banking-services

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