Wamo closed or froze your business account: what its terms say
As of October 9, 2026, these are Wamo’s own words on closing accounts: the notice it gives, the reasons it names and where a complaint can go next.
Notice before closing
This Agreement may be terminated, and the Client’s Account(s) may be closed by providing the Client with at least one (1) months’ notice.
Reasons it names for closing or suspending an account
This Agreement may be suspended or terminated immediately if, for any reason, the Client (i) is unable to satisfy the Due Diligence Procedures, (ii) is in breach of this Agreement, (iii) has provided false, incomplete or misleading information, (iv) has engaged in fraudulent, money laundering, terrorism financing or other illegal activity or we have reasonable suspicions in respect of same or (v) we are required to do so under any applicable law or regulation or at the direction of any regulatory, law enforcement or other competent authority.
Complaints and where to go next
If we fail to resolve your complaint to your satisfaction any disputes must be submitted to the exclusive jurisdiction of the competent courts in Helsinki, Finland except for as subject to your local statutory rights.
These are the provider’s published terms, not legal advice. Your own agreement and the law where your company is may give you more.