Dubai Bank Services
If you are doing business in the United Arab Emirates or have registered an offshore company in the UAE free zone, then it goes without saying that you will want…

Continue reading →

Banking empires of British origin are fading
The UK banking sector is not just an attractive destination for a successful entrepreneur, but also a strategically advantageous point on the financial map of the world for asset management.…

...

Interesting facts about the banks of the world
The more familiar word "bank" originated in Italy. The indigenous population gave usurers securities and money in the hope of their return. If the money changers went bankrupt, then they…

...

Dubai Bank Services
If you are doing business in the United Arab Emirates or have registered an offshore company in the UAE free zone, then it goes without saying that you will want…

Continue reading →

companies registered

Bank accounts in the UAE: changes and innovations

Unfortunately, in the UAE there are only a few banks that work with offshore, it is:
Emirates NBD, and the bank requires that the average monthly account balance be maintained at least $ 137,000;
United Arab Bank, and the bank requires that the average monthly balance on the account be maintained at least $ 100,000;
RAK Bank, and the bank requires that the average monthly account balance be maintained at least $ 275,000.
In addition, in order to apply for opening accounts of offshore companies in these banks, the owner of the company (shareholder) must be a resident of the UAE – in order to have a rationale for why you need a bank account in the UAE. Continue reading