Our expert team offers complete assistance for opening business and personal bank accounts—streamlining the process, preparing the documentation, and liaising with top local and international banks on your behalf.
Why Bank Account Opening Support is Important
While the UAE has a robust banking system, opening a corporate or personal account can be complex due to strict compliance procedures, KYC requirements, and regulatory scrutiny. With our help, you gain access to reliable banking partners and ensure a smooth, fast-track process with minimized delays.
Our Bank Account Opening Services
We support you through every stage of the bank account setup process—whether you’re a company owner, investor, freelancer, or resident.
Corporate Bank Account Opening
Ideal for businesses operating under:
• Mainland (DED) licenses
• Free Zone entities
• Offshore companies
• Branch offices or subsidiaries
Services include:
• Evaluation of business activity and license type
• Bank recommendation based on business profile
• Arrangement of meetings with banking officers
• Preparation of complete documentation
• Assistance with business plan and financial projections (if needed)
• Follow-up on application status
• Ongoing support for compliance and relationship management
Personal Bank Account Opening
For UAE residents, investors, or individuals relocating to the UAE.
Services include:
• Selection of suitable banks based on income and residency status
• Scheduling in-person or digital meetings with the bank
• Document review and preparation
• Assistance with salary account setup (if employed)
• VIP/investor private banking referrals (if applicable)
• Ongoing guidance on account activation and services
Step-by-Step Process for Bank Account Opening Assistance
Our structured process ensures clarity and efficiency at every stage.
Step 1: Initial Consultation
We assess your business or personal background, goals, and compliance status to recommend the most appropriate banking solution.
Step 2: Bank Selection
Based on your requirements, we shortlist the best banking options (local or international) and outline each bank’s criteria, minimum balance, and processing timelines.
Step 3: Document Preparation
We assist in collecting, preparing, and verifying all required documents, including financial statements, business licenses, personal IDs, and more.
Step 4: Bank Appointment Coordination
We schedule your appointment with the bank, brief you on interview questions, and ensure you’re fully prepared for compliance queries.
Step 5: Application Submission & Follow-up
We submit your application and actively coordinate with the bank’s relationship manager to monitor status and respond to any additional requirements.
Step 6: Account Activation
Once approved, your account is activated, and you receive access to online banking, debit cards, checkbooks, and other facilities.
Required Documents
For Corporate Accounts (Typically)
• Trade License / Commercial License
• Memorandum of Association (MOA) or Shareholder Agreement
• Certificate of Incorporation (for offshore or international entities)
• Shareholder passport copies and Emirates IDs
• Company stamp
• Lease agreement or office Ejari (Mainland/Free Zone)
• Utility bill or residence proof (for shareholders)
• Business plan or cash flow forecast (some banks)
• Company profile or brochure (optional but recommended)
• Board resolution (if required)
For Personal Accounts
• Valid passport and residence visa
• Emirates ID
• Salary certificate or source of income documentation
• Employment contract (if applicable)
• Proof of address (utility bill or tenancy contract)
• Bank statements from another account (if available)
Types of Accounts Available
We help clients choose the account type that aligns with their needs:
Corporate Accounts:
• Current account (multi-currency options available)
• Escrow account (for real estate projects)
• Merchant account (for e-commerce and card payments)
• Offshore company account (with supporting compliance docs)
Personal Accounts:
• Current and savings accounts
• Salary accounts (for employed residents)
• Premium accounts (for high-net-worth individuals)
• Non-resident accounts (subject to bank criteria)
Recommended Banks We Work With
We have established relationships with leading local and international banks including:
• Emirates NBD
• Mashreq Bank
• RAKBANK
• ADCB
• FAB (First Abu Dhabi Bank)
• HSBC
• Standard Chartered
• Commercial Bank of Dubai
• Dubai Islamic Bank
• Abu Dhabi Islamic Bank
We help match you with the right bank based on your business activity, nationality, residency status, and banking needs.
Timeline
• Document collection and review: 1–2 working days
• Bank appointment and file submission: 3–5 working days
• Approval and activation: 5–15 working days (depending on bank)
Key Considerations
• Minimum balance requirements vary by bank (typically AED 25,000 to AED 100,000 for SMEs).
• Banks conduct background checks and may request business invoices, contracts, or references.
• Nationality and business activity can affect bank acceptance and speed.
• Free zone or offshore companies may face longer review periods or stricter criteria.
Why Choose The Infinite Service?
• In-depth understanding of UAE banking compliance
• Direct relationships with bank officers and compliance teams
• Customized banking solutions based on your industry and profile
• High success rate for account openings
• Transparent and timely updates throughout the process
• Post-setup support with account features, digital access, and upgrades
Get Started with Your UAE Bank Account
Whether you’re opening a bank account for a new business or setting up personal banking in the UAE, our team will guide you every step of the way—ensuring clarity, speed, and compliance throughout the process.
