Ahmed Al FarsiGeneral Trading LLC
AURION handled everything from our trade name to our first visa. We were operational in under two weeks — I had no idea it could be this fast.
Banking Services
Open Your Corporate Bank Account in the UAE
AURION helps you open corporate and personal bank accounts with the UAE's leading national and international banks — for Offshore, Freezone, and Mainland companies alike.
Trusted by 6,800+ businesses across 80+ countries
23National Banks
28Foreign Banks
9+Partner Banks
How It Works
Corporate Bank Account Basics
The UAE's banking system is one of the most secure and well-regulated in the region, with 23 national and 28 foreign banks licensed by the UAE Central Bank. To open a corporate account, all shareholders of the company are generally required to be present in the UAE.
If shareholders cannot travel, a board resolution — attested by the Offshore or Freezone authority — can authorize a single signatory to open, operate, and close the account on the company's behalf.
Introductions to leading banks including Emirates NBD, RAK Bank, Mashreq, HSBC, and WIO
Preparation of the bank account opening application
Drafting board resolutions for authorized signatories
Guidance on Offshore vs Freezone account eligibility
Document collection and verification support
Coordination of in-person bank appointments
Support opening personal accounts for shareholders
Ongoing liaison with your relationship manager
Account Types
Offshore vs Freezone Company Accounts
The type of account available to your company depends on its legal structure. Here's what each option includes.
Offshore Company Account
Most UAE banks open accounts for offshore companies, though these accounts do not include a chequebook or credit card. Offshore accounts operate through online banking for fund transfers, and shareholders can also open a personal account with the same bank.
- Online banking & fund transfers
- No chequebook or credit card
- Shareholders can open personal accounts too
Freezone Company Account
Freezone company accounts come with the full range of banking facilities — chequebooks, debit and credit cards, and access to net banking. Banks also offer loans for company vehicles and assets.
- Chequebook & debit/credit cards
- Full net banking facilities
- Eligible for asset and vehicle loans
Documentation
Documents Required to Open a Corporate Account
Offshore Company Account
- Incorporation Certificate
- Memorandum of Association
- Share Certificate
- Passport copy of shareholder
- Business profile of shareholder
- Proof of business in home country
Freezone Company Account
- Incorporation Certificate
- Memorandum of Association
- Trade License
- Tenancy Contract
- Passport copy of shareholder
- Business profile
1.Banks reserve the right to request any additional document they consider relevant at any point.
2.AURION reviews your documents before submission to reduce back-and-forth with the bank.
3.Processing timelines vary by bank and are not guaranteed by AURION.
Digital Banking
WIO Bank — Fully Digital Banking in the UAE
WIO Bank offers a completely digital banking experience for individuals and businesses, opened entirely through a mobile app by uploading identification documents and a selfie.
Beyond the account itself, WIO supports invoice management, VAT filing, expense tracking, and multi-currency transfers — with no minimum balance requirement and a flat AED 99 monthly maintenance fee.
Personal Bank Account Documents
Shareholders can also open a personal bank account alongside their company account.
- Passport copy
- Bank reference letter
- Utility bill
Our Network
Our Banking Partner Network
Established relationships with the UAE's leading national and international banks — every account opening, backed by AURION's introductions.
Common Questions
Bank account questions,answeredclearly.
Everything you need to know before opening a corporate or personal account in the UAE.
Do all shareholders need to be present in the UAE to open a corporate bank account?
Ideally yes, but if this isn't possible, a board resolution attested by the Offshore or Freezone authority can authorize one shareholder as the sole signatory to open, operate, and close the account.
What's the difference between an Offshore and Freezone company bank account?
Offshore accounts support online banking and fund transfers but don't include a chequebook or credit card. Freezone accounts include chequebooks, debit and credit cards, net banking, and are eligible for company loans.
Which banks does AURION work with?
AURION assists with account opening at leading banks including Emirates NBD, RAK Bank, Mashreq Bank, HSBC, Commercial Bank of Dubai, WIO Bank, CBI International, First Abu Dhabi Bank, and Banque Misr.
Can shareholders open a personal bank account too?
Shareholders of an Offshore or Freezone company can open a personal bank account at the same bank, typically requiring a passport copy, bank reference letter, and a utility bill.
What Our Clients Say
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Let AURION connect you with the right bank for your business.
From document preparation to bank introductions, we handle the process so you can focus on running your business.