Open Bank Account in UAE: Fast, Professional Banking Setup Services
Navigating the UAE banking system can be challenging, especially for newcomers and businesses. At Hers Consultancy, we simplify the process of opening bank accounts in the UAE, ensuring a smooth, hassle-free experience for individuals and companies alike.
Please share the details below & let us call you back
Trusted by Leading UAE Banks
Corporate & Personal Accounts
Quick Processing & Documentation Support
Services Available Across All Emirates
About Our Account Opening Services in UAE
At Hers Consultancy, we specialize in making the UAE banking system accessible to everyone. Our comprehensive bank account opening services help individuals and businesses navigate the complex requirements of UAE banks with ease and efficiency.
We understand that opening a bank account in the UAE can be challenging, especially for newcomers and international businesses. Our team of banking experts works directly with all major UAE banks to streamline your application process, prepare documentation correctly the first time, and secure approval faster than handling the process independently. Whether you need a personal account, business banking solutions, or specialized financial services, we provide end-to-end support tailored to your specific requirements.
Benefits of Professional Bank Account Opening Services
Expert Guidance Throughout the Process
We handle the complexities, so you don't have to. Our specialists are familiar with the requirements of all major UAE banks and can recommend the best options based on your specific needs.
Complete Documentation Support
We'll help prepare and verify all necessary documents, ensuring they meet bank requirements the first time, reducing delays and rejections common in the account opening process.
Quick Processing & Competitive Timeframes
Our established relationships with UAE banks accelerate your application, helping you gain access to banking services faster than handling the process independently.
Ongoing Banking Support
Get assistance with online banking setup, debit/credit card applications, and navigating banking services after your account is active.
Types of Bank Accounts We Help Open
Personal Bank Accounts
- Current accounts for daily transactions
- Savings accounts with competitive interest rates
- Zero balance accounts with no minimum balance requirements
- Premium banking services for high-net-worth individuals
- Accounts for UAE residents and eligible non-residents
Business Bank Accounts
- Corporate accounts for LLCs and other company structures
- Startup-friendly business accounts
- Merchant accounts for e-commerce businesses
- Offshore company bank accounts
- International business accounts with multi-currency options
Digital Banking Solutions
- Online-only bank accounts with simplified requirements
- Digital wallets and financial service platforms
- Mobile banking setup and assistance
Requirements for Opening a Bank Account in UAE
For Personal Accounts
- Valid Emirates ID (for residents)
- Valid passport with residence visa
- Proof of address (DEWA bill, Ejari, or telecommunications bill)
- Salary certificate or proof of income
- Minimum deposit (varies by bank)
For Business Bank Accounts
- Trade license and company registration documents
- Memorandum of Association and Articles of Association
- Board resolution authorizing account opening
- Passport copies and Emirates IDs of all shareholders/signatories
- Company profile and business plan (for new businesses)
- Initial deposit (varies by bank)
For Non-Residents
- Valid passport with entry stamp
- Bank reference letter from home country
- Proof of address from home country
- Additional documentation based on nationality and specific bank requirements
UAE Banking Institutions We Work With
Commercial Banks
Traditional banking services for individuals and businesses with comprehensive financial solutions
Investment Banks
Specialized services for investment management and capital market activities
Industrial Banks
Banking services focused on industrial and commercial development
Islamic Banks
Sharia-compliant banking services with ethical investment practices and interest-free options.
Documents Required for Opening a Bank Account in UAE
Personal Accounts | Business Bank Accounts | Non-Residents |
|---|---|---|
| Valid Emirates ID (for residents), Valid passport with residence visa, Proof of address (DEWA bill, Ejari, or telecommunications bill), Salary certificate or proof of income, Minimum deposit (varies by bank) | Trade license and company registration documents, Memorandum of Association and Articles of Association, Board resolution authorizing account opening, Passport copies and Emirates IDs of all shareholders/signatories, Company profile and business plan (for new businesses), Initial deposit (varies by bank) | Valid passport with entry stamp, Bank reference letter from home country, Proof of address from home country, Additional documentation based on nationality and specific bank requirements |
Eligibility For Bank Account Opening in UAE
Opening a bank account in the UAE requires meeting specific eligibility criteria that vary based on your residency status and account type. Understanding these requirements helps ensure a smooth application process.
For Residents:
- Valid Emirates ID and residence visa
- Minimum age of 18 years or above
- Proof of address (Ejari, DEWA bill, or telecom bill)
- Salary certificate or proof of income (for salary transfer accounts)
- Valid passport
- Initial deposit (amount varies by bank and account type)
- Credit history check may be conducted by some banks
For Non-Residents:
- Valid passport with entry stamp/visa
- Bank reference letter from home country
- Proof of address from home country
- Source of funds documentation
- Some banks may require in-person visits
- Higher minimum balance requirements typically apply
For Businesses:
- Valid trade license and company registration documents
- Memorandum of Association and Articles of Association
- Board resolution authorizing account opening
- Passport copies and Emirates IDs of all shareholders/signatories
- Company profile and business plan (for new businesses)
- Minimum deposit (typically higher than personal accounts)
- For free zone companies: NOC from relevant free zone authority
For Offshore Companies:
- Full set of company incorporation documents
- Proof of business activities
- Bank reference letters (if previously banked)
- Passport copies of all directors and beneficial owners
- Detailed business plan and projected transactions
- Higher documentation requirements and scrutiny
Each bank in the UAE may have additional specific requirements, and eligibility criteria are subject to change based on banking regulations and compliance standards.
Our Process
Initial Consultation
We begin with understanding your specific banking needs, preferences, and goals to recommend the most suitable banks and account types.
Bank Selection
Based on your requirements, we identify the banks offering the most advantageous terms, whether you need zero balance accounts, international banking facilities, or specific business services.
Documentation Preparation
Our team helps prepare and organize all required documents according to the selected bank's specifications, ensuring compliance with UAE regulations.
Application Submission
We handle the submission process, working directly with bank representatives to expedite your application.
Account Activation
Once approved, we assist with the final steps, including initial deposits, online banking registration, and card delivery arrangements.
Post-Opening Support
We provide ongoing assistance for any banking-related queries or services you may need after your account is active.
Banking Jurisdictions in UAE
Mainland
Traditional banking options with full access to local and international services, ideal for companies operating within the UAE mainland
Free Zone
Specialized banking services for free zone companies with certain privileges and requirements specific to free zone regulations
Offshore
Banking solutions for offshore companies with enhanced privacy features and international transaction capabilities
Which Bank is Best for You in UAE?
For Zero Balance Accounts
Several UAE banks now offer accounts without minimum balance requirements, including:
- Mashreq Neo
- Emirates NBD E20
- ADCB Hayyak
- Commercial Bank of Dubai’s digital accounts
For Business Accounts
- Emirates NBD and ADCB offer comprehensive services for established businesses
- Mashreq and RAK Bank provide favorable terms for SMEs and startups
- HSBC and Standard Chartered excel for international businesses needing global connectivity
For Digital Banking
- Digital-first platforms like Neo, CBD Now, and Liv. offer streamlined services with minimal paperwork
- Traditional banks with robust digital platforms include Emirates NBD, ADCB, and FAB
Common Challenges & How We Help
Document Verification Issues
Many applications are rejected due to incomplete or improperly formatted documents. Our team ensures all paperwork meets exact requirements before submission.
Minimum Balance Requirements
We help identify banks offering accounts that match your financial situation, including options with low or zero minimum balance requirements. Minimum balance requirements can range from AED 20,000 to AED 150,000 for some corporate accounts.
Language Barriers
Our multilingual team bridges communication gaps between you and banking representatives, ensuring nothing gets lost in translation.
Lengthy Processing Times
Our established relationships with bank representatives help expedite your application, significantly reducing waiting periods that can otherwise take up to three months for business accounts.
Stringent Compliance Procedures
UAE's Central Bank has implemented strict compliance and KYC (Know Your Customer) policies. We guide you through these requirements to ensure smooth approval.
Bank Selection Challenges
With numerous banking options available, selecting the right one can be overwhelming. We help you choose the most suitable bank based on your specific needs and circumstances.
Why Choose Hers Consultancy For Bank Account Opening?
Selecting the right partner for your UAE bank account opening is crucial for a smooth, efficient experience. Hers Consultancy brings unmatched expertise and banking relationships to simplify what is often a complex, time-consuming process. We eliminate common barriers that cause delays and rejections, leveraging our industry knowledge and established banking connections to secure the optimal banking solution for your specific needs. Our personalized approach ensures you receive tailored guidance throughout every step of your banking journey in the UAE.
- Established Banking Relationships: Our longstanding partnerships with major UAE banks give your application priority handling and personalized attention.
- Comprehensive Support: From selecting the right bank to activating online banking services, we manage the entire process from start to finish.
- Time and Stress Saving: Avoid multiple bank visits, paperwork rejections, and the frustration of navigating complex banking requirements on your own.
- Expert Local Knowledge: Our team stays current with changing banking regulations and new account offerings across the UAE financial sector.
- High Success Rate: We boast a 98% success rate in bank account approvals, even for complex cases that might face difficulties through direct applications.
- Available Across All Emirates – Serving clients in Dubai, Abu Dhabi, Sharjah, and other UAE regions with consistent service.
FAQs - Ejari Services in UAE
Yes, expatriates with valid residence visas can open bank accounts. Non-residents may also be eligible for certain account types at selected banks.
Current accounts are designed for daily transactions with features like checkbooks, while savings accounts offer interest on deposits but may have limited transaction facilities.
Several UAE banks now offer digital account opening for residents. Our team can guide you through the online application process or recommend banks with streamlined digital onboarding.
Minimum balance requirements vary widely among UAE banks, ranging from zero to AED 3,000 for basic accounts and up to AED 100,000 for premium services. Business accounts typically require between AED 20,000 to AED 150,000. We can help find options that match your financial situation.
With proper documentation, personal accounts can be opened in as little as 2-3 business days. Business accounts may take up to one month. Working with our consultants can help avoid delays that typically extend this process.
Non-residents can open bank accounts but options are limited. Typically, non-residents can open savings accounts with debit cards rather than checkbooks. Our consultants can guide you through the special requirements for non-resident banking.
For most UAE local banks, physical presence is required for processes like signing your application. However, some international banks with UAE branches may offer alternative options. Our banking consultants can advise on the best approach for your situation.
