Account opening follows after the issuance of the trade license; however, some Free Zone jurisdictions requires shareholders to start opening a company account during the set-up process so that the paid-up capital can be deposited into the account prior to license issuance.
SPMC-Dubai will assist you with your banking requirements. We will introduce you and your company to different local and international banks in the UAE or outside the UAE to help you with the preparation, submission of the required documentation. We will also do the necessary follow ups to expedite the account opening process.
We have been working with Emirates Islamic Bank, Emirates NBD, United Arab Bank, Noor Bank, Mashreq Bank, First Abu Dhabi Bank (formerly known as First Gulf Bank/National Bank of Abu Dhabi), Emirates Private Bank, HSBC and others for offshore, onshore and mainland companies and clients.