Aurion Business Consultants
Close this search box.

Bank account in UAE

Bank account opening assistance in UAE

Bank account opening in UAE

Corporate Bank Account in UAE

UAE is well known for its highly secured and safe banking system. As per the statistics published in 2014, UAE Central bank has listed 23 National banks and 28 Foreign banks in UAE.

AURION renders assistance in opening bank account with leading banks like Banque Misr, EmiratesNBD, RAK bank, Mashreq Bank, HSBC, Commercial Bank of Dubai, WIO Bank, CBI International, First Abu Dhabi bank.

Inorder to open corporate bank account in UAE, it is mandatory for the all shareholders of company to be present in the UAE. If there is inconvenience for the Shareholders to be present, a resolution can be passed and attested by Offshore or Freezone authority authorizing any One person to be the authorized signatory and be present in the bank to open, operate and close company bank account.

Offshore Company Bank Account in UAE

Most of the banks in UAE open Offshore bank account. Offshore company account will not be eligible for credit card or cheque book, but they can use online banking system to transfer funds. Shareholders of Offshore company can open personal bank account also in the same bank.

Freezone Company Bank Account in UAE

Freezone company accounts are eligible for cheque book, debit card, credit card and all other credit facilities from bank. They can avail net banking facility also. Banks give loans to purchase vehicles or assets for the company.

1. Documents required to open offshore company bank account

2. Documents required to open Freezone Company Bank Account

3. Documents required to open Personal Bank Account in UAE

Note: Banks reserve their right to call for any document they seem relevant at any point of time.

Digital Banking in UAE

Digital Banking in UAE is becoming more mainstream with new players entering the market. Also, traditional banks are launching digital products to support the growing business requirements as well as to stay ahead of time.

There are a lot of technological advancements in the financial sector. It is moving to a more digital front and there is a new ecosystem of online payment gateways, online banking, fund management, international trading accounts, and more.

WIO Bank is the latest in the financial and banking sector, offering a completely digital banking experience in UAE. Individuals as well as corporates can utilize the digital banking facilities of WIO.

It is a fully functional digital bank that can be opened through a mobile app simply by uploading your identification documents and a selfie for your verification. WIO is more than just a digital bank.

The bank offers a host of additional services such as invoice management, VAT filing reporting, expense management, multi-currency transfers, and more through the mobile app

Businesses can manage their expenses by obtaining multiple cards, automated payment reminders, and effective financial management. Hence, the new digital banking experience from WIO is a beneficial financial tool for many new businesses especially.

Customers can obtain their Digital Bank Account with IBAN in the shortest possible time and using minimum documentation. Also, there is no minimum balance requirement for maintaining the account, however, a monthly maintenance charge of AED 99 is applicable for the account holders.

Related Blogs

Know Your Client

Please fill this form (All information below are mandatory). This data is required by AURION for knowing the Client and all the details entered herein will be kept strictly confidential.

Whatsapp consultant