Best Bank Offers for Business in Dubai, the UAE

There are 23 local and 28 foreign banks in the UAE. Banks in the UAE fall into four categories: Commercial, investment, Islamic and industrial. The significance of the UAE as the financial centre of the Middle East is constantly growing. It is a perfect combination of innovation, ease of doing business and the tax-free environment. If you are looking for a great deal on business accounts, the UAE is the right place for you. UAE banks offer entrepreneurs interest on account balances, overdraft facilities, cash flow management and many other personalized services.

How to apply for a business bank account in the UAE?

There is a quick online application on the websites of the majority of the UAE banks. Alternatively, you can order a callback or arrange an appointment at the bank.

Please, not that the initial deposit for opening a business account can vary depending on the bank offer in the UAE. Some UAE banks require larger amounts of money; some are satisfied with only a minimum balance. For example, it ranges from 25 000 dirhams in Dubai Islamic Bank to 350 000 dirhams for Marsheq Business Platinum Account. Secondly, the amount of the initial deposit is predetermined by the type of the business account you’d like to open. Please, not that in case you don’t fulfill the monthly minimum balance requirement, you will be charged monthly.

The majority of the UAE banks offer Corporate Internet Banking for businesses in the UAE providing a wide network of ATMs, phone banking, numerous delivery platforms and round-the-clock contact centres.

The Emirates NBD, the leading bank in the UAE market, offers its customers business banking packages. Emirates NBD business banking package offer contains comprehensive banking services and access to the bank’s business centres.

UAE banks become the choice of many businessmen because of their numerous offers and services they provide world-class while customers are served by a team of client-oriented dedicated managers. If you are looking for an opportunity to open a business account, banks offer for businesses in the UAE and Dubai, in particular, might be your perfect decision.