If you’re looking to open a business account in Europe that supports fast, secure, and flexible payment solutions, Walletto offers a scalable alternative to traditional banking. As a licensed Electronic Money Institution, Walletto combines regulatory compliance with innovative technology and personal approach to meet the evolving financial needs of modern businesses.
When opening a business account in Europe, here are the key benefits that make Walletto a strong alternative to traditional banks:
- Remote account opening — onboard your business from anywhere with a digital KYB (Know Your Business) process
- Direct access to a personal account manager — no bots, no queues, just real support when you need it
- Tailored pricing — transparent and flexible fees based on your business model and transaction volumes
- API integration — seamlessly connect Walletto’s infrastructure with your existing systems to manage finances and enhance business processes through automation.
Effortless Business Account Set Up
Opening a business account in Europe is easier than you might think. While the process is generally straightforward, it’s still a good idea to understand a few key steps ahead of time. Familiarizing yourself with these simple requirements can help you avoid delays or complications later on and make the whole experience faster and stress-free.
Step 1- Submit the Application
Submit the initial registration form entering your contact details and choosing product: Open an Account.
Step 2- KYB Verification
Complete the KYB questionnaire through Ondato secure online platform. Upload documentation such as:
- Certificate of incorporation
- Dated extract from Enterprise Register showing list if current shareholders and directors
- Valid identification document
Step 3- Review
Walletto’s team reviews your application and submitted documents. If you need an additional clarification or documentation, your dedicated account manager will reach out directly to guide you through it.
Step 4- IBAN Account Activation
Once approved, you receive access to a dedicated corporate IBAN account in your company’s name.
Order Business Debit Card
Once your business account is set up and active, you can start exploring the rest of Walletto’s infrastructure, including payments and communication with your personal account manager.
Next, you can order your Walletto Mastercard World Business Debit Card, available in both physical and virtual formats. Once issued, your card can be instantly linked to Apple Pay and Google Pay, enabling secure global payments right from the start.
SEPA vs SWIFT: Reliable Infrastructure for Global Payments
Walletto supports both SEPA and SWIFT to accommodate different transaction needs. SEPA is the go-to method for fast and cost-efficient euro payments within the European Union. SWIFT is optimal for global transactions outside the EU zone. Businesses using Walletto don’t need to choose one or the other, they benefit from both, with intelligent routing based on region, transaction speed, and cost requirements.
Easy Finance Management
If you value fast, personal attention to your business needs, Walletto is built for you. From the very first step, you’ll have access to real support; no bots, no long wait times, just a dedicated account manager who understands your goals and guides you through every stage of setup and growth.
Our intuitive internet banking platform makes managing your finances easy, whether you’re sending daily transfers or processing high-volume payments. It’s designed for clarity, control, and convenience.
We work with companies of all sizes — including startups, scale-ups, offering the flexibility and guidance you need to operate confidently across Europe.
If you’re not sure where to begin, let’s talk. We’re happy to help.