Traditional Providers
Open a UAE Dirham Business Account
Operate in the Gulf with confidence. Banq Global provides a dedicated United Arab Emirates Dirham business account for domestic and international companies, complete access to UAEFTS and SWIFT networks, and expert onboarding for complex, multi-jurisdiction structures and non-resident directors.
Reduce FX friction and simplify international transfers
Account details in your company’s name (where applicable)
Access
Suitable for international operations, non-resident directors, and multi-jurisdictional ownership
UAE Dirham
Currency name
UAE
ISO code
د.إ
Currency symbol
Why You Need a UAE Dirham Account
What’s Included with
Your UAE Dirham Business Account
An AED business account provides direct access to the UAE’s payment networks, reduces reliance on repeated conversions, and embeds your company into the region’s financial system.
Key Benefits
Hold, receive, and send AED internationally or within the UAE.
Domestic AED payments via UAEFTS RTGS system, often settled within hours.
Maintain full control over timing, liquidity, and AED exposure.
Avoid repeated FX conversions between USD, EUR, or GBP and AED.
The Risk
The Risk of Not Having a UAE Dirham Business Account
Operating in the UAE without an AED account forces reliance on international wires, repeated FX conversions, and delays that weaken your credibility with counterparties.
FX erosion:
Repeated, unplanned conversions compress margins.
Settlement delays:
International wires to UAE suppliers take days and incur intermediary fees.
Counterparty friction:
UAE suppliers prefer local AED transfers.
Regulatory gaps:
Without WPS compliance, payroll may breach UAE requirements.
Who We Serve
Our AED Business Accounts Are Designed for
We support a wide range of internationally minded businesses. From fast-growing companies expanding into the US to established global organisations managing complex operations.
Global Corporates
Centralise UAE receivables, manage supplier and payroll flows, align AED revenues with costs.
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Funds & Institutions
Manage capital calls and distributions in AED with role-based approvals and clear audit trails.
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Private Equity
Efficient AED flows for deals, fees, and SPV/holdco structures with policy-driven FX.
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Family Offices
Discreet AED management for assets, commitments, and inter-entity transfers.
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The All-in-One Platform
Banq Global vs. Traditional Providers
Open business accounts (20+ countries)
Open multi-currency accounts (30+ currencies)
Preferential exchange rates (130+ currencies)
Receive global payments (190+ countries)
Make global payments (190+ countries)
Currency risk management
Mass payments
Trade finance
All-in-one platform
Dedicated relationship manager
Business Account - Step by Step
How to Open a UAE Dirham Business Account
A clear, expert-led process that reduces rework, shortens decision time, and maintains certainty.
01
Scoping & Fit
Define structure, jurisdictions, directors/UBOs, volumes, and EUR use cases. We confirm feasibility and the optimal configuration.
02
Document Pack
A precise, tailored checklist for your entity type and structure, minimising rounds of clarification.
03
Compliance Review
Disciplined AML/KYC due diligence with prompt Q&A and clear status visibility.
04
Account Issuance
AED account in your company’s name with IBAN and UAEFTS access, plus SWIFT details for international receipt.
05
Go-Live & Controls
Users, roles, approvals, payment templates, and FX policy (including market orders) configured to your standards.
UAE Dirham Business Account - FAQs
Opening a AED account raises questions on eligibility, payment rails, non-resident onboarding, and compliance. Below are answers to the questions global finance teams ask most often.