For those who would like to open bank account abroad, the United Arab Emirates is the one of most attractive option.
First, financial sector of the United Arab Emirates is noted for its impeccable reputation - country's banks are ranked as ones of the most reliable in the world.
Second, baking service charges in the United Arab Emirates, in comparison to European banks, are lower and the level of service is quite high. Almost all banks provide telephone and online banking.
How to open bank account in Dubai or other Emirate?
Opening a bank account is done in three stages: signing documents in presence of a bank officer (about one hour including your possible questions to the bank), receiving the account opening approval and account opening (approximately 2 weeks), receiving of access codes for internet banking (approximately 2 weeks).
There are formally no special restrictions relating to opening bank account, though there are some specific aspects in respect of individuals or legal persons.
How to open personal bank account in the UAE?
If you are a resident of the UAE, the account can be opened without any complications in almost any bank. For non-residents of the United Arab Emirates, some restrictions apply. First, there are banks that operate only with UAE residents. Second, you can only open savings account, which means it is impossibility to obtain a cheque book. All other banking options will be available to you in full extend.
How to open corporate bank account in the UAE?
For companies incorporated in the UAE, the procedure of opening an account is very simple. Shareholders are required to provide personal documents and those relating to the company. If you only plan to open a company and bank account in Dubai and other Emirate of the UAE, then the most rational solution in terms of costs will be offshore company in the UAE.
It is also possible to open an account for a non-resident company. This will require legalization of documents in the Ministry of Foreign Affairs and UAE consulate in the country where such company is registered.
How to open bank account abroad without problems?
Just contact our company and we will provide you with professional assistance in opening bank account. Experienced specialists will be pleased to guide you through the whole process of opening an account in the UAE, and will explain all aspects and advantages related to it.
Our company has built up long-term relationship with banking institutions throughout the United Arab Emirates. Based on your requirements related to type of services and tariffs, we will find the best bank for you. Due to extensive experience and professionalism of our staff the procedure of opening bank account for you will be the least burdensome.
Should you have any question regarding our services, please feel free to contact us.
