Our Banking Partners
We work with UAE's most trusted banks to ensure smooth account opening
Emirates NBD
Local BankTimeline
3-5 Days
Dubai Islamic Bank
Islamic BankingTimeline
5-7 Days
Business Account Types
Choose the right account type for your business operations
Corporate Current Account
Standard business account for daily operations and transactions
Corporate Savings Account
Earn competitive returns on your business surplus funds
Trade Finance Account
Specialized accounts for import/export businesses
Bank Account Opening Process
4 simple steps to activate your corporate bank account
Bank Selection
We help you choose the right bank based on your business needs, transaction volume, and industry requirements.
Document Preparation
Our team prepares and reviews all required documents ensuring completeness and compliance.
Application Submission
We submit your application to the chosen bank and schedule your meeting with the bank manager.
Account Activation
After bank approval, your account is activated with full online banking, cards, and cheque book.
Required Documents
Standard documentation needed for corporate bank account opening
Trade License Copy
Memorandum of Association
Passport Copies of Directors
Emirates ID of Signatories
Visa Copies of Signatories
Business Plan (if required)
Proof of Business Address
Board Resolution
Why Bank in the UAE?
Advantages of maintaining your business account in Dubai
Secure Banking
UAE banks offer world-class security with deposit protection and robust fraud prevention systems.
Global Access
Conduct international transactions with multi-currency accounts and worldwide banking networks.
Fast Processing
Account opening in 3-7 days with our streamlined process and banking relationships.
Complete Solutions
Access to loans, credit facilities, trade finance, and merchant services all under one roof.
Frequently Asked Questions
Common questions about corporate banking in Dubai
Q:How long does it take to open a corporate bank account in Dubai?
Typically 3-7 business days from document submission, depending on the chosen bank and business complexity. Emirates NBD is usually fastest (3-5 days), while others take 5-7 days.
Q:What is the minimum deposit required to open a business account?
Minimum deposits vary by bank and account type. Most banks require AED 25,000 to AED 100,000 initial deposit for corporate accounts. We help you find banks with requirements matching your budget.
Q:Can I open a bank account before getting my business license?
No, you must have a valid UAE business license before opening a corporate bank account. However, we can initiate preliminary discussions with banks during your license processing.
Q:Do I need to visit the bank in person?
Yes, most UAE banks require at least one in-person visit by company signatories for verification and signature specimen. We coordinate and accompany you to ensure a smooth meeting.
Q:What currencies can I maintain in my business account?
UAE banks offer multi-currency accounts supporting AED, USD, EUR, GBP, and other major currencies. This is especially useful for businesses engaged in international trade.
Q:Can offshore companies open UAE bank accounts?
Yes, but it's more challenging. Banks have stricter requirements for offshore companies. We specialize in offshore banking solutions and work with banks that accept offshore entities.
Ready to Open Your Corporate Bank Account?
Get started today with our expert banking assistance. We'll guide you through every step of the account opening process.
"Nexus Biz helped us open accounts with Emirates NBD and DIB seamlessly. Their banking relationships made the process incredibly fast."