Bank Account Opening

Opening a company bank account in the UAE is an essential step for businesses to manage finances effectively. However, the process can be complex, with varying requirements based on the bank and company structure. Wealth Wise simplifies this process, ensuring smooth and compliant bank account setup for your business.

Steps to Open a Business Bank Account in the UAE

Choose the Right Bank

The UAE offers a strong banking system with multiple options. We help you select the best bank based on your business needs. Popular banks include:
Emirates NBD
Abu Dhabi Commercial Bank (ADCB)
Dubai Islamic Bank (DIB)
First Abu Dhabi Bank (FAB)
Mashreq Bank

Gather Required Documents

Banks require essential business documentation. Our team assists in preparing and submitting:
📌 Company Trade License
📌 Memorandum & Articles of Association
📌 Certificate of Incorporation
📌 Share Certificates
📌 Board Resolution for Account Opening & Signatory Designation
📌 Passport Copies of Shareholders & Directors
📌 Proof of Address for Business & Signatories
📌 Bank Reference Letters (if required)

Application Submission & Processing

We ensure a hassle-free submission process, handling paperwork, liaising with banks, and monitoring application progress. Approval timelines vary but can take a few days to weeks.

Account Activation

Upon approval, you will receive:
Account Number & Banking Credentials
Online Banking Access
Corporate Banking Tools for Financial Management

Why Choose Wealth Wise?

🔹 Expert Guidance – Streamlined bank account setup tailored to your business needs.
🔹 Compliance Assurance – We handle regulatory requirements to ensure smooth approvals.
🔹 Banking Network – Strong connections with leading UAE banks for a seamless process.
🔹 Ongoing Financial Support – Accounting, tax compliance, payroll, and advisory services.

Get in Touch Today!

Simplify your business banking with Wealth Wise. Contact us now to start your bank account opening process with expert assistance!