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Bank Account Opening in UAE

Starting the process of business account opening in UAE can feel overwhelming, especially with the strict compliance checks set by the UAE Central Bank. However, with our dedicated best business bank account in UAE service, we aim to make this process easy and convenient for you. Our in-house experts will guide you through each stage, ensuring that you have a hassle-free experience when opening a bank account with any of the UAE's most trusted banks. The in-person application requires physical presence to meet with a bank representative, sign the application form, and submit documents. Online application is available for those outside the UAE, but a visit to the UAE is required once the application is approved.Application process may take 10-14 days.

Bank Account Opening in UAE With Biz Design

Looking for a hassle-free company bank account opening in UAE? We will assist you in collecting and preparing the required documents such as certified company incorporation documents, company profile, passport copies of all shareholders, personal profiles of all shareholders, six months' personal/business bank statements of all shareholders, Emirates ID and residence visa copy of at least the signatory, and a copy of your Ejari/proof of UAE residential address.

Partner banks

What does the bank pay attention to when opening an account?

Business account

Reputable free zones and mainland entities are always a priority for the bank.

Certain activities such as general trading, trading in gold, and oil products automatically classify you as a risky client and narrow down your choices of potential banks.

The presence of a verified source of income for the shareholder – an account statement with payroll or a statement from a foreign business account – is the basis for opening an account.

When opening a business account, you will need to describe your company’s nature of work and indicate your list of potential suppliers and customers. Banks check how clean and trustworthy these companies are.

Based on your prospective turnover, the bank will identify whether you qualify for SME or Corporate Banking. Apart from that, it’s important to highlight that most traditional banks have requirements for maintaining a minimal account balance, which usually starts from AED 50,000.

Personal account

Prior to opening a personal account, you must first obtain a UAE resident visa. Individuals holding passports from Russia, Belarus, and Ukraine are not eligible for non-resident accounts at this time.

Engaging in specific activities like general trading, gold trading, and oil product trading can automatically categorize you as a high-risk client, limiting your options for prospective banks.

Certain nationalities are subject to additional requirements pertaining to the sources of their income and their local addresses.

Our Solutions

Opening business accounts - from 2 weeks

Turnkey support for opening a business bank account Dubai: choosing the best bank, preparing the documents, drafting a company profile, holding a meeting with a banker, and handling questions from compliance

Opening personal accounts - from 2 days

Current, savings, payroll and investment accounts

Expert Team

Savings accounts for real estate owners & foreign investors

Ensure Timely Results with Our Bank Account Opening Assistance

Did you know?

  • General trading is a high-risk activity; however, some UAE banks consider it a standard business operation.
  • Several banks in the UAE do not require a business owner to provide a bank statement to open a business account.
  • Numerous digital banks offer zero-balance business accounts for startups.
  • A mainland company engaged in non-high-risk activities can obtain a bank account within one week.
  • With our trusted digital partner banks, opening a digital business bank account UAE is now possible even without your physical presence, making international expansion faster and more convenient than ever.
  • Non-resident individuals can open a personal bank account if they have a valid reason and meet the necessary criteria, such as owning property in the UAE
  • Additionally, you can obtain a golden visa by placing a fixed-term deposit of AED 2,000,000 in your UAE bank account.

Expert Team

Our company's greatest asset is a professional team with extensive expertise in business organization, law, and economics.

Extensive Partner Network

We collaborate with leading banks, audit firms, lawyers, and accredited registration authorities.

Comprehensive One-Stop-Shop Approach

We offer everything your project requires, eliminating the need to search for multiple partners.