Built for the Caribbean. One country at a time.
32 markets across the Caribbean — Trinidad & Tobago has the full Wam today (direct TTD bank settlement + locally-issued Visa). Everywhere else gets global accounts (USD/EUR/GBP) and a Visa card right now. Our goal is to bring direct local-bank settlement and local card issuance to the whole region.
Three tiers. Color-coded.
Direct TTD bank settlement + Wam-issued local Visa card. USD, EUR, GBP accounts. The full Wam.
USD, EUR, GBP virtual accounts, Visa card, Sumsub KYC. Direct local-bank settlement is on the roadmap — we aim to cover as much of the Caribbean as TT.
Account opening works; Visa card issuance needs compliance approval (FATF grey-list market). Reach out if you're a resident here and we'll walk you through it.
Coverage questions.
What's the difference between Tier 1 and Tier 2?
Tier 1 means we hit the local bank rail directly — TTD lands in your bank account, and you can be issued a Wam Visa card locally. Tier 2 means you get the global account stack (USD, EUR, GBP accounts in your name) plus a Visa card from our regulated US partner — same product, just routed through global rails instead of a local bank. Our goal is to lift every Caribbean market into Tier 1 over time.
Why is only Trinidad & Tobago in Tier 1?
Because Wam is licensed by the Central Bank of Trinidad & Tobago and we operate the TTD bank-settlement rail directly. Adding direct local settlement and local card issuance in each new market requires regulatory licensing and partner integrations specific to that country — work that's underway across the region.
What does 'global accounts' actually give me in Tier 2?
A US checking account with a real ACH + domestic-wire-capable routing number, a EUR IBAN with SEPA receive, a UK sort code with Faster Payments, supported on-chain stablecoins (USDC/USDT), and a Wam Visa card via our regulated US partner. Receives settle in those currencies; you can exchange to your local currency at the displayed rate whenever you're ready. Crypto and stablecoin activities operate under the TTSEC VASP Sandbox.
I'm in Haiti or BVI — what's the 'case-by-case' tier?
Account opening (USD/EUR/GBP/blockchain) works normally. The Visa card requires compliance approval because both markets sit on the FATF grey list (Haiti directly; BVI via the UK Virgin Islands designation). Once approved, the card is issued the same way.
Why isn't Cuba on the list?
Cuba is hard-prohibited upstream by both our regulated US account partner and our card partner. We can't onboard residents there today and listing it would be misleading.
When will my Tier 2 country get direct local bank settlement?
Local-rail rollout is staged by regulatory licensing and bank-partner availability. The Anglophone CARICOM states are the next focus; the French and Dutch territories follow once Caribbean Euro-zone rails clarify. Open an account now to claim your username and global rails — local settlement turns on for you automatically when it lights up in your country.
What ID do I need to open an account?
A passport works everywhere on the list — that's the universal layer in our KYC (Sumsub). Most markets also accept the national ID card and driver's licence; territory passports (US, British, Dutch, French) cover the dependent territories. If your specific ID type matters to you, ask in-app during onboarding.
Does Wam work for businesses in these countries?
Yes. Caribbean businesses can accept payments via tap-to-phone, Shopify and WooCommerce plugins, payment links, and our POS app — wherever the consumer product is live. Business KYB is via Sumsub.
Your country not fully live yet?
Open an account now to lock in your username and global rails. We’ll switch on local features the moment they go live in your country.