What the bank looks at
- Trade licence, MoA and share certificate
- Passports of shareholders and directors, Emirates IDs if they are resident
- A company profile: activities, main clients and suppliers, revenue model
- Proof of office. A flexi-desk agreement is usually fine
- Source of funds of the owners
- A real link to the UAE: clients, suppliers, a resident director, a lease
Minimum balance
ADCB Business Choice packages start at around AED 10,000, with higher tiers at roughly AED 50,000 and 100,000. Below the minimum the bank charges a monthly fee. Other banks are similar. We check the current terms for your company before applying.
Timing
Count on three to six weeks from a complete file. Most delays come from missing documents or a company profile the bank can't follow, not from the bank itself.
Hard cases
Crypto, gaming and forex businesses are hard to bank in the UAE. Complex ownership chains slow things down. Tell us early and you get an honest answer.
Tell us about your case
Four lines are enough. First written answer is free, usually the same day.