Bank Account in UAE
Corporate Bank Account in UAE
The UAE has a stable and well-regulated banking system supervised by the Central Bank of the UAE. The country hosts leading national and international banks, making it a preferred destination for business banking. B2B Group of Consultants assists companies in opening corporate bank accounts with major UAE banks, including Emirates NBD, RAKBANK, Mashreq Bank, HSBC, Commercial Bank of Dubai, First Abu Dhabi Bank, Wio Bank, and other approved financial institutions.
Shareholder Presence Requirement – Most UAE banks require shareholders to be physically present in the UAE for account opening.
If this is not possible, a notarized board resolution can authorize one signatory to open and operate the account, subject to bank approval.
Offshore Company Bank Account in UAE
Many UAE banks facilitate offshore company accounts, subject to compliance review.
Key Features:
Online banking access
International fund transfers
No cheque book or credit card facility (in most cases)
Personal account eligibility for shareholders (subject to bank approval)
Documents Required – Offshore Company
Certificate of Incorporation
Memorandum of Association
Share Certificate
Passport copies of shareholders
Business profile
Proof of business activity in home country
Free Zone Company Bank Account in UAE
Free Zone companies are generally eligible for a wider range of banking facilities.
Available Facilities:
Cheque book
Debit and credit cards
Online banking
Trade finance (subject to eligibility)
Business loans and asset financing
Documents Required – Free Zone Company
Certificate of Incorporation
Trade License
Memorandum of Association
Tenancy Contract
Passport copies of shareholders
Company business profile
Personal Bank Account in UAE
Documents Required:
Passport copy
UAE visa (if applicable)
Bank reference letter
Utility bill or address proof
Note: Banks may request additional documents based on internal compliance policies.
Documents required to open offshore company bank account
- Incorporation Certificate
- Memorandum of Association
- Share Certificate
- Passport copy of Shareholder
- Business Profile of Shareholder
- Proof of business in home country
Documents required to open Freezone Company Bank Account
- Incorporation Certificate
- Memorandum of Association
- Trade License
- Passport Copy of Shareholder
- Tenancy Contract
- Business Profile
Documents required to open Personal Bank Account in UAE
- Passport Copy
- Bank Reference Letter
- Utility Bill
Digital Banking in UAE
Digital banking is expanding rapidly in the UAE, offering faster account opening and technology-driven financial tools.
Wio Bank provides a fully digital banking platform for individuals and businesses. Accounts can be opened through a mobile application by submitting identification documents and completing verification.
Digital Banking Features:
Multi-currency accounts with IBAN
Online transfers and expense management
Multiple business cards
Invoice tracking and reporting tools
VAT reporting support
Automated payment reminders
Digital banking solutions are particularly suitable for startups and SMEs seeking efficient financial management with minimal paperwork.
B2B Group of Consultants supports clients throughout the corporate bank account opening process in the UAE, ensuring proper documentation, compliance review, and coordination with approved banking partners.