Best Financial Consultants in Dubai & UAE Banking Consultants
Loans | Banking Services | Investment Advisory
The Process of opening up a bank account in the UAE
1. Situation Evaluation
Our team will evaluate your company’s activities, operations, expected annual turnover, and initial funds available to open an account. Using this information, we will recommend the best bank for your business.
2. Required Documents
We will help you to prepare the required documents, such as certified company incorporation papers, a business profile, valid passport copies of all shareholders, personal profiles, six months of personal bank statements, Emirates ID, residence visa, etc.
3. Additional Information
If the bank needs additional information or processes, we will communicate with them and assist you in meeting their additional requirements. In some cases, we can act as your representative if you are unable to meet the Contact Point Verification Agent.
Important to know:
There are two ways to apply for a bank account: in-person or online.
For in-person applications, you will need to be physically present to meet with a bank representative, sign the application form, and submit the required documents.
For online applications, if you are located outside of the UAE, you can start the process online. However, you will still need to participate in a phone call or online meeting. If your application is approved, you will be required to come to the UAE to sign the account opening form.
Regardless of the application method, the processing time can take 25 or more working days, depending on the complexity of the application.
We offer the following Bank & Loan Services
Bank Account Consultation
We assist you in finding the right bank account that meets your needs, whether you’re an individual or a business.
Loan Application Assistance
We guide you through the loan application process, ensuring that you have all the necessary documentation and information to apply for a loan successfully.
Loan Consultation
Our team helps you understand the different types of loans available to start and grow your business.
Credit Score Improvement
Our team can help you improve your credit score, which is crucial for getting approved for loans and other financial products.