Business Banking Solutions 2025

Open business bank accounts, access digital banking platforms, and manage your corporate finances with UAE's leading banks. Comprehensive solutions for businesses of all sizes.

Business Banking Benefits

  • • Fast account opening (3-10 days)
  • • Award-winning digital platforms
  • • Competitive fees and rates
  • • Dedicated relationship managers
  • • Multi-currency support
  • • Comprehensive business solutions
Last Updated: October 2025
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Information Only:

This information is for educational and informational purposes only. Content is based on research and available information as of the last updated date and may not reflect the most current developments, regulations, or best practices.

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Professional Advice:

Banking and financial information is subject to change. Contact banks directly for current offers, rates, and requirements. This is not financial advice.

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Consult with qualified financial advisors, tax professionals, and official financial regulatory bodies before making investment or financial decisions.

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Every situation is unique. What works for one person or business may not be suitable for another. Consider your specific circumstances, risk tolerance, and objectives when making decisions.

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Last Updated: October 2025

Information current as of this date. Please verify for any updates or changes.

By using this information, you acknowledge that you have read and understood this disclaimer and agree to use the information at your own risk and discretion.

Business Account Types

SME Business Account

Tailored banking solutions for small and medium enterprises

Minimum Balance:
AED 3,600 - 30,000
Monthly Fees:
AED 60 - 240

Key Features:

Online bankingMobile appDebit cardsCheckbooksSMS alerts
Ideal For:

Startups, freelancers, small businesses

Setup Time:
3-5 days

Corporate Banking Account

Comprehensive banking for medium to large corporations

Minimum Balance:
AED 60,000 - 600,000
Monthly Fees:
AED 240 - 1,200

Key Features:

Dedicated RMCredit facilitiesTrade servicesTreasury solutionsBulk payments
Ideal For:

Established companies, corporations

Setup Time:
5-10 days

Multi-Currency Account

International business banking with multiple currency support

Minimum Balance:
USD 12,000 equivalent
Monthly Fees:
AED 180 - 600

Key Features:

Multiple currenciesFX servicesInternational transfersHedgingTrade finance
Ideal For:

Import/export, international businesses

Setup Time:
7-14 days

Islamic Business Banking

Sharia-compliant banking solutions for businesses

Minimum Balance:
AED 5,000 - 100,000
Monthly Fees:
AED 75 - 300

Key Features:

Sharia complianceIslamic financingMurabaha facilitiesIjara solutionsProfit sharing
Ideal For:

Businesses seeking Sharia-compliant solutions

Setup Time:
5-8 days

Digital Banking Features

Real-Time Account Management

24/7 access to account balances, transactions, and statements

Benefits:

  • Instant balance updates
  • Transaction notifications
  • Digital statements
  • Account monitoring

Bulk Payment Processing

Efficient salary and supplier payment processing

Benefits:

  • WPS compliance
  • Batch payments
  • Payment scheduling
  • Approval workflows

Cash Management Solutions

Advanced cash flow management and liquidity optimization

Benefits:

  • Cash pooling
  • Sweep accounts
  • Investment options
  • Forecasting tools

API Integration

Seamless integration with accounting and ERP systems

Benefits:

  • Real-time sync
  • Automated reconciliation
  • Custom integrations
  • Data export

Required Documents for Account Opening

Legal Documents

  • ✓Valid Trade License
  • ✓Memorandum & Articles of Association
  • ✓Board Resolution for account opening
  • ✓Power of Attorney (if applicable)
  • ✓Partnership Agreement (for partnerships)

Financial Documents

  • ✓Audited Financial Statements (last 2 years)
  • ✓Management accounts (recent)
  • ✓Cash flow projections
  • ✓Business plan and projections
  • ✓Tax registration certificate

Identity Documents

  • ✓Emirates ID of all signatories
  • ✓Passport copies of all signatories
  • ✓UAE residence visa (for residents)
  • ✓Salary certificates of guarantors
  • ✓No objection certificate from sponsor

Additional Requirements

  • ✓Security cheques (6-12 cheques)
  • ✓Initial deposit amount
  • ✓Completed application forms
  • ✓Recent utility bills (office address)
  • ✓Tenancy contract (office premises)

Business Banking Comparison

BankMin BalanceMonthly FeeFree TransactionsDigital RatingCommission
Emirates NBD
Eva AI assistant,Instant account opening
AED 3,000AED 100100/month5/51-2% deposits
FAB (First Abu Dhabi Bank)
Corporate digital platform,Treasury services
AED 25,000AED 150150/month5/51.5-2.5% deposits
ADCB
Business express banking,SME solutions
AED 10,000AED 7575/month4/50.8-1.8% deposits
Mashreq Bank
NeoBiz platform,AI-powered banking
AED 5,000AED 5050/month5/50.5-1.5% deposits

Payment Solutions & Services

Point of Sale (POS) Terminals

Accept card payments with modern POS systems

Setup Cost:
AED 500 - 2,000
Transaction Fee:
1.5-3% per transaction

Features:

Card acceptanceContactless paymentsMobile POSReporting dashboard

Online Payment Gateway

Accept online payments for e-commerce businesses

Setup Cost:
AED 1,000 - 5,000
Transaction Fee:
2-4% per transaction

Features:

Multiple payment methodsFraud protectionMobile paymentsAPI integration

Direct Debit Solutions

Automated recurring payment collection

Setup Cost:
AED 2,000 - 8,000
Transaction Fee:
AED 2-10 per transaction

Features:

Automated collectionsMandate managementRejection handlingReporting

International Wire Transfers

Global money transfer and foreign exchange services

Setup Cost:
No setup cost
Transaction Fee:
AED 50-200 + FX margin

Features:

Same-day transfersCompetitive FX ratesBeneficiary managementTrack transfers

Industry-Specific Banking Solutions

Trading & Distribution

12 Banking Partners

Specialized Services:

Import/export financingLetters of creditSupply chain finance

Requirements:

AED 25K+ balance, trade license

Construction & Real Estate

10 Banking Partners

Specialized Services:

Project financingPerformance guaranteesEscrow accounts

Requirements:

AED 50K+ balance, contractor license

Healthcare

8 Banking Partners

Specialized Services:

Equipment financingWorking capitalInsurance collections

Requirements:

AED 15K+ balance, health authority license

Technology & Software

15 Banking Partners

Specialized Services:

Growth financingInternational bankingPayroll solutions

Requirements:

AED 10K+ balance, DED/free zone license

Why Choose Professional Business Banking?

Financial Management

  • Separate business and personal finances
  • Professional financial reporting and tracking
  • Access to credit facilities and financing
  • International banking and multi-currency support

Business Growth

  • Enhanced business credibility and trust
  • Streamlined payment processing and collections
  • Digital tools for efficient financial management
  • Dedicated support for business banking needs

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