Corporate
Banking
Assistance
Corporate
Banking
Assistance
Let’s Get Started
Corporate Banking in the UAE
Corporate banking in the United Arab Emirates is a vital part of the country’s economy, providing essential financial services to businesses across a wide range of industries. The sector is highly competitive and regulated, and banks are constantly innovating to meet the evolving needs of their clients.
Why choose SPC Free Zone for Corporate Banking Assistance?
Corporate Banking Assistance by SPC Free Zone includes introduction to your banking provider, documentation assistance, follow-up with bank account opening and any other requests. We offer a comprehensive business bank account setup at a cost effective price. Please note that giving authority via POA (Power of Attorney) will not be allowed for any of our agents.
Steps of Opening Corporate Banking Account
This service includes introduction to your banking provider, documentation assistance, follow-up with bank account opening and any other requests. Please note that giving authority via POA (Power of Attorney) will not be allowed for any of our agents.
1
Log In to SPC Free Zone Customer Portal
2
Settle Payment
3
Submit Request with Required Details and Documents
1
Log In to SPC Free Zone Customer Portal
2
Settle Payment
3
Submit Request with Required Details and Documents
4
Meet with the Bank Representative
4
Meet with the Bank Representative
5
Sign and Submit Required Document
6
Receive Confirmation of Bank Account Opening
5
Sign and Submit Required Document
6
Receive Confirmation of Bank Account Opening
Documents Required
- Complete and Original Set of the Company Incorporation Documents
- Original Passport
- Original Emirates ID
- Stamped Six (6) Months to One (1) Year Bank Statement (Local or International)
- Tenancy Contract
- Any Utility Bill Which Features Your Address
- Updated Curriculum Vitae
- Business Plan with List of Potential Clients Inside or Outside UAE
- Company Stamp
Frequently Asked Questions (FAQs)
We have established relationships with multiple reputable UAE banks, allowing for efficient application processing and swift account approval.
A corporate bank account is essential for operating your business legally and professionally in the UAE. It allows you to:
- Securely receive and send payments from clients and vendors.
- Manage payroll and other business expenses.
- Establish a positive financial history for your company.
- Build credibility and trust with potential partners and investors.
There are no hidden fees. Our service fee of AED 2,000 covers the entire application process, including assistance with documentation and follow-up with the chosen bank. You will be informed of any potential bank fees upfront. Note that giving authority via POA (Power of Attorney) will not be allowed for any of our agents.
Our assistance with documentation is to make sure your application is not rejected. However, in the very rare instance of an unforeseen rejection, we’ll work with you and the bank to understand the reason and explore alternative solutions.
It includes introduction to your banking provider, documentation assistance, follow-up with bank account opening, and addressing any other banking-related requests.
After submitting all required documents, you will meet with the bank representative to sign and submit the necessary documents. Following this, you will receive confirmation of your bank account opening.
Yes, your physical presence is required at certain stages, such as meeting with the bank representative to sign the necessary documents.
For any questions or additional assistance, you can reach out to our customer support team through the SPC Free Zone Customer Portal or contact us directly via phone or email.
