Wio Bank
A UAE digital bank licensed by the Central Bank of the UAE, offering the app-based Wio Personal account with multicurrency balances, physical and virtual cards and savings tools, useful for residents who prefer to bank entirely from their phone.
About Wio Bank
Wio Bank PJSC is a digital bank that states it is licensed and regulated by the Central Bank of the UAE. It was set up with state-backed shareholders including ADQ, Alpha Dhabi, e& and First Abu Dhabi Bank. Its Wio Personal account is opened through the Wio app and offers Standard, Plus, Family and Salary plans. The bank also runs a separate Wio Business account for companies and freelancers.
Key Features
- App-Based Onboarding: The personal account is opened through the Wio app instead of a branch visit.
- Multicurrency: Hold and use more than one currency in the same account.
- Cards: Physical and virtual cards with a debit and credit toggle.
- Transfers and Savings: Local and international transfers plus built-in savings tools.
How to Get Started
- Make sure you have your passport, UAE visa, Emirates ID and a UAE mobile number ready.
- Download the Wio app and choose Wio Personal.
- Follow the in-app steps to verify your identity and provide any residency or salary information requested.
- Pick a plan and order your card once the account is approved.
Personal accounts are designed for UAE residents, and an Emirates ID, a passport with a valid UAE visa and a UAE mobile number are typically requested. Plans carry a monthly fee (for example AED 25 for Standard) that is waived if you keep a minimum monthly balance or transfer your salary, and these terms can change. Check the current plan conditions on wio.io before you open an account.
❓ Frequently Asked Questions
Does Wio Bank work with a foreign bank card in United Arab Emirates? Not reliably — a foreign card may be declined. Check the notice above, or plan to use a local payment method.
Is Wio Bank available in English? Yes, Wio Bank has an English-language interface.
Do I need a local phone number to use Wio Bank? Yes, Wio Bank requires a local phone number to register.
Do I need local ID or residency for Wio Bank? Yes, Wio Bank requires local ID or residency status.