Opening a business bank account in the UAE can be a complex process due to the stringent compliance requirements set by the UAE Central Bank. However, with our professional bank account opening service, the process becomes much simpler. Our experienced team will guide you through every step, ensuring a smooth and hassle-free experience from start to finish
Must Know
In-person application: Your physical presence will be required during the application, so you can meet the bank representative, sign the application form and submit the required documents.
Online application: If you are outside of the UAE, you can initiate your bank account opening through an online process. Your presence will still be required either via a phone call or an online meeting. Once the application is approved, you will be required by the bank to come to the UAE to sign the account opening form.
The standard processing time can take 14 days for digital applications or 25 working days or more for in-person applications, depending on the complexity of the application.
Client
assessment
Our team will assess your company’s activities, operations, expected annual turnover and initial funds available for opening the account. Based on this information, our team will recommend the most suitable bank for your business
Liaising with the bank
In case the bank requires further information or processes, we will communicate with them and assist you in completing the additional requirements. In some instances, if you are not available to meet the Contact Point Verification Agent, we can also act as your representative.
Documentation
We will assist you in collecting and preparing the documents required by the bank. These could include:
Certified company incorporation documents
Company profile
Valid passport copies of all shareholders
Personal profiles (CVs) of all shareholders
6 months personal/business bank statements of all shareholders
Emirates ID and residence visa copy of at least the signatory
A copy of your Ejari/proof of UAE residential address
