UAE Bank Account OpeningCorporate and personal bank accounts opened in 2 to 4 weeks. We handle documentation, bank introductions, and application follow-up.
Opening a bank account in the UAE can be challenging without the right introductions. Our team works with multiple banks across free zones and mainland, matching your business profile to the right banking partner. You focus on your business. We handle the paperwork.
Banks We Work With
Mashreq Bank: Fast onboarding, good for free zone companies. Multi-currency accounts available.
Emirates NBD: Largest bank in the UAE. Strong branch network and digital banking.
RAKBANK: Popular with SMEs. Competitive fees and straightforward requirements.
Wio Bank: Digital-first business accounts. Quick approval for eligible companies.
ADCB: Full-service banking with dedicated relationship managers for business clients.
What's Included
- Bank selection based on your business profile
- Document preparation and review
- Bank introduction and appointment booking
- Application submission and follow-up
- Account activation support
- Online banking setup assistance
- Dedicated account manager throughout
The Process
Step 1: Business Review (Day 1 to 2)
We review your trade license, business activities, and banking requirements to identify suitable banks.
Step 2: Document Preparation (Day 2 to 5)
We prepare your application package including company documents, shareholder information, and expected transaction details.
Step 3: Bank Introduction (Day 5 to 7)
We introduce your application to relationship managers at selected banks and book your appointment.
Step 4: Bank Meeting (Day 7 to 10)
You attend the bank meeting. We can accompany you if needed to answer compliance questions.
Step 5: Account Activation (Week 2 to 4)
Bank completes due diligence and activates your account. We follow up until you have online access.
Pricing
Corporate Bank Account: AED 3,500 (includes bank introduction, document preparation, application support)
Personal Bank Account: AED 1,500 (for residence visa holders)
Additional Bank Introduction: AED 1,500 (if first bank declines)
All prices exclude bank fees. Bank minimum balance requirements vary.
What You'll Need
- Trade license copy
- Memorandum of Association
- Passport copies of all shareholders
- Emirates ID copies (if applicable)
- Proof of address (utility bill or tenancy contract)
- Business plan or company profile
- Expected monthly transaction volumes
- Source of funds documentation
Frequently Asked Questions
How long does it take to open a bank account?
2 to 4 weeks from application submission to account activation. Timeline depends on the bank and complexity of your business.
Can I open an account before my visa is issued?
Yes. Corporate accounts can be opened once your trade license is issued. Personal accounts require a valid residence visa.
What if the bank declines my application?
We introduce you to an alternative bank. Some business activities face more scrutiny, so we set realistic expectations upfront.
Do I need to visit the bank in person?
Yes. UAE banks require at least one in-person meeting for account opening. We can accompany you to the appointment.
What minimum balance is required?
Varies by bank. Typically AED 10,000 to AED 50,000 for corporate accounts. We match you with banks that fit your requirements.
Ready to Open Your Account?
Book a free 30 minute discovery call. We’ll discuss your banking requirements and recommend the right bank for your business.