Bank Account Opening Services

Starting a business financial balance in the UAE can be a difficult cycle, as need might arise to go through a few severe consistence systems ordered by the UAE Central Bank. With our ledger opening assistance, this doesn’t need to be the situation. Our group will help you in opening a ledger, directing you through each stage and guaranteeing you have a problem free encounter.

You Must Know These Points:

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 25 or more working days, depending on the complexity of the application.

OUR BANK ACCOUNT OPENING

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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.

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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.

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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 bank statements of all shareholders
  • Emirates ID and residence visa copy of at least the signatory