Bank Account

Services by: GFD

Information

The UAE boasts a diverse range of banking and financial institutions linked to international financial systems, including traditional banks, digital banks, international banks, and exchange houses. To help you navigate through this dynamic financial landscape, our Bank Account service ensures a seamless setup for your business bank account

Timeline:

1 Business Day to initiate an application with a bank.

  • Business License
  • Memorandum of Association (MOA)
  • Company Authorised Signatory Details
  • Business Activity Description
  • Company’s Customers and Suppliers
  • Company Turnover
  • Financial Service Provider
  • Minimum Balance
  • Bank Statement
  • Company Profile
  • Personal Profile
  1. Login to GFD app 
  2. Select Bank Account service 
  3. Proceed to payment 
  4. A representative will contact you for required documents (if any) 
  1. Support in selecting a suitable bank 
  2. Initiating an application with one or multiple banks 
  3. Scheduling an appointment with a bank representative 

 Note: The service supports the initiation and connection to banks. Obtaining a bank account is subject to bank approval. 

AED 1,500 incl. VAT

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