Dubai bank account – debit cards regulations
For the bank accounts of physical persons (UAE residents and non-residents) as well as the onshore companies in Dubai and other Emirates of UAE, banks automatically issue the debit cards with ATM function so you can use such debit cards for the payments in UAE or withdraw the money over the ATM.
For the UAE and foreign offshore companies the bank debit cards are not issued.
The debit card, clearly, has the limit which you can put define in terms of the daily/monthly transactions whereby you can never withdraw more that the amount which is effectively available on your account.
Dubai bank account – online / internet banking
Absolute majority of the banks being present in UAE provide the internet banking facilities for corporate as well as private accounts, The internet banking in most of then is fairly multi-functional and practical in use.
Apart of the regular functions such as checking of the account balances and internet / online money transfers, most of the internet banking systems in Dubai provide the options for the utility bills payments, the telephones top up, putting the money on deposits, ordering cheque books, and other services required when using online / internet banking in Dubai, UAE.
Bank Account abroad, opening, over Dubai for offshore company with nominees
In addition to private and corporate bank account opening in the UAE banks, we can assist you over our Dubai office with account opening of the private and corporate accounts in foreign banks outside of the UAE. Our Dubai office can assist you with account openings in the following countries:
- Austria,
- Cyprus
- Latvia
- Lichtenstein
- Singapore
- Switzerland
Bank Account abroad, opening, over Dubai for offshore company with nominees › Read more
Account for Dubai company in a bank abroad.
Account for Dubai company can be opened in Dubai bank as well as in a bank abroad. Most of the foreign banks require the Dubai company documents certification. Such certification is quite costly as the UAE did not sign the agreement on apositlle and the documents are to be certified over Ministry of Foreign Affairs and the Consulate of the country for which the documents are prepared.
At the same time, due to our licenses and the status of the registered agent for the UAE companies, some of the foreign banks accept the companies documents certified over the simplified procedure.
Account in Dubai bank for a foreign company.
The account in Dubai, UAE for a foreign company – onshore as well as offshore – can be opened without any special limitations. However the bank in Dubai, UAE would require the documents of the foreign company to be certified. Such certification is quite costly as the UAE did not sign the agreement on apositlle and the documents are to be certified over UAE Embassy in the country of the company incorporation and then in the Ministry of Foreign Affairs of UAE.
