Our firm assists clients to open any kind of bank account within the UAE by considering their projected annual turnover and individual needs, according to the various banks, minimum initial deposit and minimum balance requirements, charges and fees. Our high success rate in opening personal and corporate bank accounts is attributed to the fact that BS Consulting enjoys excellent relations with most reputable UAE banks and at the same time ensures that its clients fulfill and conform to all legal and compliance requirements.
The UAE banking system is highly advanced and very internationally-oriented. All banks provide services in English and most banks offer standard banking and some others Islamic. Banks greatly differ in terms of services, charges and minimum deposit requirements, which means that there is a solution for every requirement.
Apart from many reputable local banks, most international banks have their presence in Dubai. However, it should be noted that international banks do not open corporate bank accounts for start-ups. The company has to be at least 2 years old with a substantial annual turnover record.
Our experts will help you choose the bank, subject to your business objectives and will help prepare all necessary documents and follow-up between you and the bank until your bank account is open, online activated and fully operational. Our company has extensive experience in this area of business and will carry on supporting you even after your account is open. Please note that for the opening of any account in Dubai, UAE – personal or corporate – the presence of the bank signatory is required. You need to come to the United Arab Emirates for just a day to sign all bank forms in order to fulfil this official requirement which is imposed by the UAE Central Bank and applies to all banks with no exception.