Bank account opening consultation
IncludedStandard help with opening your bank account is already included in the UAQ FTZ and Ajman Offshore packages.
Comes with your setup. Nothing to add.
BankingFixed price · order on its own or with a company setup
Opening a corporate bank account in the UAE requires structured documentation and compliance-ready preparation. OMC prepares your file and guides you through the banking review, from eligibility to the bank's own decision.
Bank account opening
Fixed price, one-off
1Your company
Bank account opening5,000.001,362
VAT250.0068
What we do for it
Two levels of help
Standard help with opening your bank account is already included in the UAQ FTZ and Ajman Offshore packages.
Comes with your setup. Nothing to add.
Choose this for a fully managed experience: we handle the whole application and prepare all your documents.
Order bank account openingOur process
A structured, end-to-end approach: each stage exists to remove a reason the bank could send your file back.
Eligibility and profile assessmentOMC
We review your company profile and confirm which banks will consider a business like yours before any paperwork starts.
Business activity reviewOMCYou
We assess your business model and expected transaction profile, because that is what the bank's risk team reads first.
Documentation preparationOMC
We prepare and organise every required document in the format the chosen bank asks for.
KYC and compliance structuringOMC
We structure your KYC profile, ownership chart and source-of-funds evidence so nothing is left to interpretation.
Bank selection advisoryOMC
We recommend the institutions whose risk appetite, minimum balance and service actually fit your business.
Application submission supportYouOMC
We guide the submission and attend to the bank's process requirements as they arise.
Follow-up and coordinationBankOMC
We liaise with the bank through the review and keep you updated, rather than leaving you to chase it.
The right account for how you actually operate.
Newly formed companies
With the compliance profile structured properly from day one rather than repaired later.
Existing UAE businesses
Or refreshing KYC documentation your current bank has asked to see again.
Offshore entities
Where the documentation has to satisfy both the bank and the jurisdiction.
International shareholders
Source-of-funds evidence presented carefully, because this is what triggers enhanced due diligence.
Corporate current accountsThe core operational account: payroll, supplier payments and client collections within the UAE.
Standard
Multi-currency accountsReceive and settle in foreign currencies without converting twice.
Multi-currency
Offshore company accountsFor holding structures, international groups and offshore entities that need UAE banking access.
Holding
Personal accounts for investorsFor investor visa holders and resident shareholders, alongside the company's account.
Individual
Requirements vary by institution and entity type, and we confirm the exact list for your application rather than handing you a generic checklist.
Banking considerations
Approval
Every UAE bank applies its own risk appetite and compliance framework. We prepare your file to the highest standard; the approval decision rests with the bank.
Timeline
Depending on the institution, entity type and the complexity of the compliance review. We tell you where your case realistically sits.
Compliance
Every application goes through KYC and AML screening. Enhanced due diligence applies to offshore entities, international shareholders and higher-risk sectors.
Applying to the wrong bank for your business type, or submitting an incomplete file, is what causes most rejections, and a rejection can make the next application harder. A short conversation up front to confirm the right bank and the exact documents needed usually saves weeks.
Straight answers on timelines, documents and what a bank actually decides.
Typically two to eight weeks, depending on the institution, your entity type, and how complex the compliance review is. Offshore entities and international shareholding structures usually sit at the longer end because they attract enhanced due diligence.
The bank. Every UAE bank applies its own risk appetite and compliance criteria. What we control is the quality of your file: documentation, KYC profile and source-of-funds evidence prepared to the standard banks expect, which is what most rejections come down to.
UAE banks operate under strict KYC and AML obligations, so they must understand where your money comes from and what your account will realistically be used for. It isn't suspicion, it's regulation. We help you evidence it clearly at the outset.
We review the reasons with you, and where appropriate restructure the file or approach a bank whose risk profile is a better fit for your business. The service fee covers work already performed, as set out in our Refund Policy.
Yes. Alongside standard corporate current accounts, we assist with multi-currency accounts, accounts for offshore and holding structures, and personal accounts for investor visa holders and resident shareholders.
It varies by bank and by account type. Some banks set a modest minimum; others expect a substantial balance to be maintained. We tell you the requirement for the specific bank we recommend, up front.
We prepare your file to the standard banks expect (documentation, KYC profile and source-of-funds evidence), then coordinate the review on your behalf.
I had a great experience with OMC. The entire process was smooth, professional, and well-organized. Kashif was extremely helpful with the company registration process and guided me through every step with patience and clarity. Zubair provided excellent support with tax accounting, making everything easy to understand and ensuring all requirements were handled correctly. Roxy was also very efficient in assisting with the bank account opening process, making it quick and hassle-free. I truly appreciate the team's professionalism, responsiveness, and dedication. I highly recommend Oxford Management Consultancy to anyone looking to start a business in the UAE.
Bank account opening · Fixed price, one-off
Bank account opening5,000.001,362
VAT250.0068