Telephone Numbers
Telephone Numbers
Bank Account Opening Services in Dubai
For detailed information +90 542 381 3868 'Call.
You can open a bank account in Dubai for personal purposes as well as for your company operating locally or doing international business. Our team of experts will act as consultants for bank account opening in Dubai, UAE and suggest account type and bank depending on your requirements. We at World Company Setup provide the necessary assistance for bank account opening and guide you through the entire process from filing applications to scheduling appointments.
Banks in Dubai offer online banking and mobile application services. With these services, you can manage your bank account online, transfer money, make payments and track your account transactions. The steps required to open a bank account in Dubai may differ for personal and business accounts.
You can use your Dubai bank account abroad. Many banks allow you to withdraw money from overseas ATMs and access online banking services. However, it is necessary to be careful about international transaction fees and currency exchange fees.
Documents Required to Open a Bank Account in Dubai
Emirates NBD: Provides a wide range of financial services for large-scale companies.
HSBC: A suitable option for companies doing business internationally.
Mashreq Bank: Offers a variety of financial products and flexible solutions for commercial enterprises.
RAKBANK: Offers affordable commercial account options for companies operating in free zones.
There is generally no opening fee for opening a bank account in Dubai, but in some cases, banks may charge various annual maintenance fees. For example, annual fees for personal bank accounts can range from AED 100 to AED 500. For business accounts, there may be transaction fees and minimum balance requirements. The minimum initial deposit for business accounts also usually ranges from AED 3,000 to AED 10,000.
Advanced Financial Infrastructure: Banks in Dubai offer advanced digital banking services and secure transaction infrastructures.
Ease of International Transactions: As the hub of global trade, opening a bank account in Dubai makes international transactions easier.
Tax Advantages: Dubai stands out for its low tax rates and the advantages of free zones. Bank accounts make it easy to benefit from these financial advantages.
Virtual Account Facilities: Some banks in Dubai offer virtual accounts for digital entrepreneurs and foreigners.
Opening a bank account in Dubai is an important step for entrepreneurs who want to set up a business and facilitate financial transactions. The process of opening both a personal and a business bank account is quite simplified, and having the necessary documents and knowledge about the process ensures that transactions are completed quickly and smoothly. Banks in Dubai support entrepreneurs in international trade by providing high standards of service.
Banks in Dubai offer various account types such as individual accounts, business accounts, savings accounts and investment accounts. Foreign investors may often want to open a company account.
Personal Account: Accounts that can be opened for personal use.
Business Account: Accounts opened by company owners to manage their business activities.
Savings Account: Can be opened to save money and earn interest.
Foreign Currency Account: This is an account type suitable for those who want to trade in foreign currencies.
Get an Offer to Open Bank Account in Dubai and start growing your business internationally! Dubai is an attractive center for investors with its tax advantages and strong financial infrastructure. Opening a bank account in Dubai makes it easier for you to manage your business more efficiently and access global markets. World Company Setup manages the bank account opening process in Dubai quickly and smoothly, helping you fulfill all legal requirements.
Get Information and Offer to Open Bank Account in Dubai; Get a Quote Now
Banks in Dubai offer all types of major credit cards, unless you have a fixed income in the UAE, you will need to set aside some money in your bank account as a security deposit in order to be able to get a credit card. The amount of such deposit to be deposited into the account depends on the type of credit card you are applying for and the monthly maximum limit of that credit card.
Bank cheques are a very common payment method in Dubai and other Emirates of the UAE. Cheque books can be issued to corporate and private accounts in the UAE. Important note – It is not possible to issue cheque books for private accounts opened for non-residents in the UAE. Cheque books can be obtained by: – Individuals with a residence visa in the UAE. – Onshore companies in Dubai and other Emirates of the UAE, provided that the company director has a UAE residence visa.
No, without a license, no bank will recognize you and will not allow you to open a corporate bank account.
It varies according to corporate and personal account. For local UAE banks, this balance starts from AED 5000 to AED 30000K. It depends on which bank you are applying for and for what purpose.
Opening a Corporate Bank Account The applicant can have a corporate bank account after meeting the appropriate requirements of the banks. We work for all cross-border transactions. Personal and Business Bank Account You can open a bank account in the countries you want for personal purposes as well as for your company operating locally or for international business. Having a Checkbook You can use corporate and private accounts in banks that offer checkbook services abroad. Solutions suitable for your financial goals are offered. Having a Credit Card Our wide range of banks offers you the convenience of spending and member advantages all over the world! We provide you with a credit card.
No, the World Company Setup team provides support and services specific to your requests.
+90 542 381 3868
+971 58 5204103