Guidance and facilitation for opening corporate bank accounts in the UAE.
We support international businesses operating in India, UAE, and key global markets with structured, end-to-end entity management.
Bank Account Opening Assistance
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Why Bank Account Opening Can Be Challenging
UAE banks are subject to strict anti-money laundering (AML) and Know Your Customer (KYC) regulations enforced by the UAE Central Bank. As a result, the corporate account opening process involves rigorous due diligence, particularly for newly incorporated companies, non-resident shareholders, and businesses in certain high-risk sectors.
Common challenges businesses face include:
Incomplete Documentation: Banks require specific documents in specific formats. Missing or incorrectly prepared documents result in application delays or rejections.
Compliance Scrutiny: Banks assess the nature of your business, source of funds, expected transaction volumes, and beneficial ownership structure before approving an account.
Multiple Bank Policies: Each bank has its own internal policies, minimum balance requirements, and sector preferences. What works at one bank may not work at another.
In-Person Meetings: Most UAE banks require a face-to-face meeting with all signatories as part of their KYC process.
AB Nexis has established relationships with major UAE banks and understands what each institution requires. We match your business profile to the most suitable bank, prepare a complete application package, and coordinate the entire process on your behalf.
Types of Bank Accounts We Facilitate
We assist with opening all types of corporate banking facilities.
Current / Business Account
Standard corporate operating accounts for day-to-day business transactions, payroll, and supplier payments. Available in AED, USD, EUR, and other major currencies.
Savings / Fixed Deposit Account
Interest-bearing accounts for parking surplus funds. Suitable for businesses looking to earn returns on idle cash while maintaining liquidity.
Multi-Currency Account
Accounts that support transactions in multiple currencies without the need for separate accounts for each currency. Ideal for international trading companies.
Escrow Account
Specialised accounts used in real estate transactions, project financing, and contractual arrangements where funds must be held in trust until specific conditions are met.
Our Support
What Our Bank Account Service Includes
Bank Selection & Recommendation Based on Your Profile
Complete Documentation Preparation & Review
Business Plan & Financial Projection Drafting (If Required)
Bank Introduction & Application Submission
Documents Typically Required
While requirements vary by bank, the following documents are commonly requested:
Valid trade license
Memorandum of Association (MOA) or Articles of Association
Passport copies of all shareholders and signatories
UAE residence visa and Emirates ID (if applicable)
Proof of residential address (utility bill or bank statement)
Company profile or business plan
Board resolution authorising account opening and designating signatories
Certificate of Incorporation (for free zone and offshore entities)
Share certificates and ownership structure documentation
Banks We Work With
AB Nexis maintains active relationships with a wide range of UAE banks including Emirates NBD, Mashreq Bank, RAKBANK, Abu Dhabi Commercial Bank (ADCB), First Abu Dhabi Bank (FAB), Commercial Bank of Dubai (CBD), Dubai Islamic Bank (DIB), and several international banks with UAE branches. We recommend the most suitable institution based on your business type, expected transaction volumes, and specific banking needs.
Frequently Asked Questions
The timeline varies by bank and business profile. On average, account opening takes 2 to 6 weeks from application submission, though some banks offer faster processing for straightforward applications.
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Need Help Opening a Corporate Bank Account?
Our team will match you with the right bank, prepare your complete application, and manage the process from start to finish.
Everything your business needs
We deliver integrated support across compliance, entity management, and global expansion. Our global model ensures consistent service across jurisdictions and industries.
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Ready to coordinate your compliance operations, registration profiles, or statutory accounts? Our specialists are equipped to manage multi-jurisdiction frameworks directly. Get in touch with us today for a structured service consultation.