Personal and corporate bank account opening in the UAE. We have opened 100+ accounts and maintain relationships with 7+ banks — including for clients where standard applications fail.
Opening a bank account in the UAE sounds straightforward but regularly is not — particularly for foreign nationals. UAE banks have become significantly more conservative since 2022 due to US Treasury pressure and FATF compliance requirements. Several major banks have implemented restrictions that affect Russian, Belarusian, and other passport holders, regardless of the individual's risk profile.
We have spent years building relationships with compliance departments at UAE banks and understanding which institutions are currently accepting applications from which nationalities and business types. Our value is not filling out the application form — it's knowing which bank to approach and how to present the case correctly.
Our banking service is split into two clear phases with separate pricing. This structure ensures our interests are aligned with yours: we only earn the full fee when you have a functioning account.
We assist individuals — residents and non-residents — in opening current accounts at UAE banks. A valid UAE residence visa is required for most banks, though some institutions accept non-residents for specific account types. We assess your situation and present the most viable options.
Corporate account opening requires significantly more documentation than a personal account. Banks typically request full corporate documents, business plan or source-of-funds explanation, beneficial owner KYC, and transaction flow projections. We prepare the complete package and present it in a format that bank compliance teams respond well to.
Traditional banks are not always the right solution — particularly for businesses that process international payments, operate in e-commerce, or require multi-currency capabilities. We also assist with accounts at regulated UAE and international payment service providers (PSPs) as an alternative or complement to a bank account.
Banks periodically request updated KYC information from account holders — this is a compliance requirement, not an indication of a problem. Failing to respond correctly and on time can result in account restrictions. We assist clients in responding to bank KYC reviews to ensure continued smooth banking operations.
| Account Type | Phase 1 (upfront) | Phase 2 (on success) | Total |
|---|---|---|---|
| Personal | $1,000 | $1,000 | ~$2,000 |
| Corporate | $2,500 | $2,000 | ~$4,500 |
Timeline: 4–6 weeks from document submission to account activation, depending on bank and applicant profile.