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BANK ACCOUNT OPENING IN UAE

Unlock Your Business Potential: Secure Success with a UAE Business Bank Account – Where Growth Knows No Limits!


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BUSINESS BANK ACCOUNT OPENING

Client Assessment

We review the KYC requirements and advise on potential challenges.

Liaison with  The Bank

We work closely with the Bank's Representative to ensure requirements are understood.

Documentation

Customer Data is updated with Bank, including all requirements as mentioned below in detail.

Account Opening

Final Approval and Handover of Bank Details.

Requirements For Opening A Business Bank Account​

  • Valid Passport, UAE residence visa and Emirates ID for all shareholders or signing authorities, (where applicable)
  • Trade License or Certificate of Registration/Incorporation, Partnership Agreement, and Memorandum of Association (MOA) as applicable.
  • Board Resolution (in case of partnership), Power of Attorney (if applicable).
  • Lease Agreement for Business Registered Address
  • Residential Proof of Address / Registered Tenancy Contract, Recent Utility Bills
  • Details of ultimate beneficial owners.
  • Company profile, Business Plan
  • Existing Bank Reference Letter, along with 6 Months Bank Statement (if applicable)
  • VAT certificate (if applicable)
  • Signatory Profile

Top Features of Business Bank Account in UAE

When opening a business bank account in the UAE, you can expect to access a range of features tailored to support your business needs. Here are some top features commonly offered by banks in the UAE:


  • Multi-Currency Accounts: Flexibility to hold and transact in multiple currencies, facilitating international trade and transactions.
  • Online Banking Services: Convenient access to account information, transaction history, and various banking services through secure online platforms or mobile apps.
  • Corporate Debit/Credit Cards: Issuance of corporate debit or credit cards for easy access to funds, managing expenses, and making business-related purchases.
  • Wire Transfer Services: Efficient and secure transfer of funds domestically and internationally, with options for same-day or next-day transfers.
  • Overdraft Facilities: Access to overdraft facilities for short-term financing needs, providing flexibility in managing cash flow fluctuations.
  • Customized Financing Solutions: Tailored financing solutions such as business loans, trade finance, and working capital facilities to support business growth and expansion.
  • Dedicated Relationship Managers: Personalized support from dedicated relationship managers who understand your business needs and provide assistance with banking services and solutions.
  • Cash Management Services: Solutions for efficient cash handling, including cash collection, deposit services, and cash pooling to optimize liquidity
  • Online Payment Solutions: Integration with online payment gateways and e-commerce platforms for seamless online transactions and payment processing.


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