Trakhees Approvals
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Read moreSRV-07 · Overview
Business Bank Account Opening in Dubai & the U.A.E.
Corporate account applications are rejected far more often than people expect, and rarely for the reason applicants assume. Banks are not judging your business idea; they are judging whether your file answers their compliance questions without follow-up. Vague activity descriptions, unexplained source of funds and mismatched documents are what sink applications.
We prepare the file the way the compliance team reads it, and we match you to banks whose appetite fits your activity, nationality mix and expected turnover — instead of applying to four at once and being declined by all of them.
SRV-07 · What's included
Scope of work
- Bank matching based on your activity, shareholder profile and expected turnover
- Compliance file preparation — business profile, source of funds, expected transaction flow
- Document set assembly, attestation and translation where required
- Relationship manager introduction and meeting coordination
- Response management for compliance queries during review
- Follow-up through to account number, cheque book and online banking activation
Process
How we run this file
Four stages, and you are told when each one clears. No chasing us for an update.
Documents you'll need
- Trade licence, memorandum of association and share certificate
- Passport, visa and Emirates ID copies of all shareholders and signatories
- Proof of address for shareholders, in and outside the U.A.E.
- Six months of personal or existing corporate bank statements
- Contracts, invoices or a business plan supporting your projected activity
Not sure whether you have everything? Send what you do have and we will tell you what is missing.
PROFILED
Bank matching
We assess your activity, shareholders and turnover, then shortlist banks likely to accept the profile.
PREPARED
File built
Business profile, source of funds and supporting documents assembled to compliance standard.
SUBMITTED
Application lodged
Introduced to the relationship manager, application submitted, and compliance queries answered as they arise.
ACTIVATED
Account live
Account number issued, cheque book collected, and online banking activated.
Questions
Bank Account Opening — what clients ask
No, and you should be careful of anyone who does. The decision sits with the bank's compliance department alone. What we can do is remove the avoidable reasons for rejection and put you in front of banks that accept your profile.
Straightforward files are often approved in a few weeks. Structures with offshore shareholders, high-risk nationalities or trading activities take longer because enhanced due diligence applies. We give you a realistic range once we have seen your documents.
Almost always yes — banks require the signatories to attend in person for verification and signature. We schedule the meeting around your travel so one trip covers it.
Related services
Often needed alongside this
Next step
Need bank account opening? Send us the details.
Tell us where you are in the process and what your deadline looks like. You get the required documents, the government fee and a realistic timeline before you commit.
- Free first consultation
- Fees quoted in writing
- One named contact