Open A Business Account In the UAE

For international companies operating in the UAE that need control over payments, FX, and cross-border flows

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Purpose-built for international companies
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Non-resident directors accepted
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Fully regulated business account designed for cross-border payments, FX execution, and outbound flows from the UAE
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A secure, compliant solution to manage multi-currency payments and international transfers — efficiently, transparently, and at scale
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Overview

If your company operates in the UAE but lacks appropriate banking and payment infrastructure, you are likely experiencing delays, restrictions, and unnecessary operational friction.

Many international and foreign-owned companies operating in the UAE face the same issues:

Challenge 1: Non-resident ownership friction

Accounts are often delayed or restricted due to non-resident directors, offshore shareholders, or complex group structures. This results in longer onboarding timelines, conditional approvals, or operational limits once live.

Challenge 2: Outbound payment limits

Many companies face caps, enhanced reviews, or additional approvals when sending funds outside the UAE. This creates cash flow uncertainty, execution delays, and increased administrative burden.

Challenge 3: FX pricing inefficiency

Converting currencies through local banks often results in wide spreads and inconsistent pricing, particularly for frequent or large transactions. Over time, this quietly erodes margins and impacts treasury efficiency.

Challenge 4: Payments to hard-to-reach corridors

Sending funds to certain countries — including China, Brazil, Africa, and parts of Asia or Latin America — can trigger delays, enhanced reviews, or payment re-routing, even for legitimate transactions.

Who this solution is designed for

It is designed for established, mid-sized to large international companies operating through the UAE that manage cross-border payments, multi-currency flows, and international counterparties. It is built for businesses seeking a secure, compliant, and cost-effective way to operate globally from a UAE base.

International operating companies

Holding companies and group structures

Investment funds and asset managers

Family offices

Multinational trading and services businesses

Corporates with UAE-based entities or counterparties

This is not a retail or SME banking product.

Next steps

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Submit initial company details

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Compliance and structure review

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UAE business account opened

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FX access and global payments enabled

FAQs

Can a non-resident director open a UAE business account?

Will the UAE business account be in my company’s legal name with local UAE details?

How can I receive payments into a UAE business account?

How can I send international payments from the UAE without delays or restrictions?

How can I manage FX efficiently from a UAE business account?

Can I operate a multi-currency business account in the UAE?

How can I avoid outbound payment limits from the UAE?

How is my money protected in a UAE business account?

Can offshore or foreign-owned companies use the UAE as a payments hub?

How long does it take to open a UAE business account with Banq Global?

Is this suitable for startups or small local businesses?

Why use Banq Global instead of a traditional UAE bank?

What documents are required to open a UAE business bank account?

Do UAE business bank accounts have minimum balance or monthly fee requirements?

Do I need a UAE trade licence or local legal entity to open an account?

How can I manage currency risk when operating a UAE business account?

Does Banq Global support FX risk management for large or frequent UAE transactions?