Bank Account Opening Assistant
Opening A Bank Account in Dubai
Do you need bank account opening assistance in Dubai? companies and businesses in Dubai at some point make efforts to open a corporate bank account in Dubai, UAE. Individuals may also choose to open bank accounts in Dubai to enable them to secure their monetary assets. In the United Arab Emirates, there are many local and international banking institutions. This gives a person seeking to open a bank account in Dubai the opportunity to choose the bank that works best for them. Just you have to find the right accounting services in Dubai. Don’t worry! Vigor business center provides you with the best services in opening a bank account in Dubai.
The processes and procedures of opening a Dubai bank account for corporate and business operations differ from one bank to another bank. To open a bank account online UAE, one needs to put in a lot of work and time to complete all requirements of the application to open a bank account in Dubai.
How to Open a Bank Account in UAE?
In the UAE, opening a personal bank account is the same as opening a business account anywhere else. Most goods are accessible for home delivery in a country that has refined luxury to fine art, so why should banking account opening assistance services be any different? Simply call them once you’ve received your residence visa, then sit back and wait for them to send an agent to your home – or business.
For all this, Vigor helps to open a bank account in UAE with all the services to facilitate what kind of bank you’re wanting.
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What are Some of The Banks In Dubai
The following are some banks that are in operations in Dubai:
- Dubai Islamic Bank
- BNP Paribas
- Commercial bank of Dubai
- Dubai Bank
- Union National Bank
- Arab Bank UAE
- Emirates Islamic Bank
- Invest Bank
- Emirates NBD
- First Gulf Bank
- United Arab Bank
- Commercial Bank International UAE
What Are The Advantage of Opening A Bank Account In Dubai, UAE?
- Opening a Dubai bank account offers the easy movement of capital to anywhere.
- With a Dubai bank account, you are guaranteed stability of the UAE’s national currency. The current rate (1 USD = 3.65 DPM) has been stable for over 20 years.
- Opening a bank account in Dubai provides total confidentiality to the account owner.
- The UAE banking system is very efficient, stable, and reliable.
- There are cost-saving bank processing payments as the rates are low.
- The Dubai banking infrastructure is the most powerful in the Middle East.
What are The types of accounts in dubai, UAE Banks that can be opened?
You can open a bank account in Dubai with our bank account opening assistance services are as follows:
- A current account for people living in Dubai.
- Personal savings account for people living in Dubai.
- A personal account on demand for people non-residents of Dubai.
- A corporate account for companies in the free zone of Dubai.
- A corporate account for limited liability companies in Dubai.
- A corporate account for offshore companies in Dubai.
What are The types of accounts in dubai, UAE Banks that can be opened?
What are The types of accounts in dubai, UAE Banks that can be opened?
- The company’s Trade License
- The company’s Certificate of Registration
- The company’s owner resume
- The company’s Memorandum & Articles of Association (MOA)The entry mark to the UAE
- The entry mark to the UAE
- An original extract from the account of the company’s founder for the last 6 months.
- The board resolution empowering a company officer to open the account.
- The company’s share certificate.
- Original passport copies of the shareholders and authorized signatories.
To open a Dubai offshore Business Account, some documents are required for submission.
These offshore bank account Dubai opening requires documents which are:
- The company’s certificate of registration
- The CV of the company’s partners
- Original passport copies of the shareholders.
- Original passport copies of the partners.
- Memorandum and Article of Association (MOA)
- A passport copy of the ultimate beneficiary if there is any
- A visa copy of the signatory if he resides in the UAE or the passport entry’s stamp page of his last visit.
- The company’s structure tree diagram on the company letterhead.
- A Power of Attorney (POA) or Board resolution in favor of the authorized signatory to make the opening, operating, and closing of the company bank account possible.
- Other documents that may be required by the bank.
To open a Dubai corporate account for a UAE-free zone company some documents are required for submission.
These documents include;
- A certificate of registration or the company’s Freezone Trade License
- The company’s share certificate
- Original passport copies of all the partners
- The company’s Memorandum and Article of Association (MOA)
- The company’s Board Resolution if there is any.
Generally, here are some of the documents required for opening a personal bank account in the UAE:
- Original passport copies of the applicant.
- The applicant’s utility bill or other documents confirming the address of the applicant’s residence.
- Entry to the UAE or a Visa.
- A recommendation letter from your former bank.
To open a non-resident Dubai personal bank account, some documents are required for submission.
- The applicant’s utility bill
- A bank reference letter from the home country
- Original passport copies of the Entry page
- A bank statement up to 6 months from the home country
To obtain a zero balance bank account in UAE, the applicant needs to have bonds, investments, insurance ( a minimum of USD 500), or maintain an average bank balance of AED 200,000 and with our bank account opening assistance services you can do this easily.
Contact us to know more about the requirements for other bank accounts.
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