Ualá makes opening an account a much easier process than with traditional banks, requiring users to download their app from the App Store or Google Play. Once the app is downloaded, users have to enter some personal information, an address to send their card to, and then verify their identity with their Argentinian government-issued ID and a selfie.
Ualá currently offers one account option for customers, which is entirely free of charge. A significant part of the service they offer is to be entirely free of fine print and hidden fees. This means there are no monthly fees to open or maintain an account, close an account, make transfers between Ualá users, top-up funds, and no fees on your first two ATM withdrawals per month.