Bank Account Opening Support

AGP Corporate Services brings over 18 years of experience in Banking and Finance, with extensive knowledge of UAE banking regulations and procedures. Our team of professionals is dedicated to delivering exceptional service, ensuring that your bank account opening process is as smooth and efficient as possible.

AGPLAW

Our Bank Account Opening services include:

  • Personalized Consultation
  • Selection of the right banking institution based on client needs.
  • Preparation and submission of required documentation.
  • Liaison with banks and regulatory authorities to expedite the process.
  • Assistance with compliance checks and due diligence requirements.

Key Components of Our Bank Account Opening Support Services

Business Needs Assessment:
We work with your company to understand its financial needs and recommend the most suitable banks for your operations, whether in mainland, free zones, or offshore jurisdictions.
Document Preparation:
Our team handles the preparation of all required documents, including the company’s license, Memorandum of Association, and details of shareholders and directors.
Bank Liaison:
We communicate directly with the bank on your behalf, submitting documents, and coordinating meetings with bank officers as required.
Personalized Banking Solutions:
For high-net-worth individuals, expatriates, and professionals, we offer tailored advice on selecting the right bank for personal banking needs.
Document Assistance:
We assist in gathering and submitting the necessary personal documents, including proof of residency, passport copies, and salary certificates.
Personalized Banking Solutions:
Banks in the UAE require thorough KYC checks before opening accounts. We ensure all compliance requirements are met and guide you through the process.
Anti-Money Laundering (AML) Procedures:
We help businesses and individuals meet the stringent AML regulations required by UAE banks, ensuring full compliance with local and international laws.
Swift Account Activation:
Once the documentation is submitted and compliance checks are completed, we expedite the process to ensure your account is opened and operational quickly.
Ongoing Banking Support
After your account is opened, we continue to provide support for any additional banking needs, including setting up online banking, facilitating international transactions, or managing account changes.
Understanding the requirements for opening a bank account in the UAE is key to ensuring a smooth and successful process. Our team helps you navigate these requirements, ensuring full compliance with banking regulations.

Requirements

Corporate Bank Account Requirements

  • Trade license and certificate of incorporation.
  • Shareholder details and company Memorandum of Association (MOA).
  • Passport copies and Emirates IDs of company directors and shareholders.
  • Proof of business activities and source of funds.

Personal Bank Account Requirements

  • Passport and Emirates ID copies. UAE residency visa.
  • Proof of address in the UAE (such as a utility bill or rental agreement).
  • Salary certificate or other proof of income.

We ensure that all required documentation is prepared and submitted to the bank, helping you avoid delays and ensuring the account is opened smoothly.

How can we help you?

Contact us for personalized information

* Due to the handling of personal and confidential information, which you submit with your application, kindly refer to our Data Protection Policy by clicking here.

Key Contact:

Christiana Constantinou

Head of Corporate Management

Email: uae@agplaw.com

T: +971 45 401 203