Abu Dhabi Corporate Bank Account

Opening an Abu Dhabi corporate bank account is difficult and time consuming, and this is compounded by poor service standards in the Abu Dhabi corporate banking sector. Healy Consultants assists our clients to overcome the challenges of opening an Abu Dhabi corporate bank account without them needing to visit Abu Dhabi. The following is an overview of our Abu Dhabi corporate banking services:
1.	It is increasingly difficult to open an Abu Dhabi corporate bank account, especially for non-resident individuals. On average, it takes approximately two months to obtain Abu Dhabi corporate bank account approval, account numbers and internet banking access.
2.	The Abu Dhabi corporate banking sector suffers from i) understaffed bank account opening departments with inadequately trained personnel resulting in poor service standards and ii) increased bank due diligence requirements designed to combat money laundering and terrorist financing.
3.	The Abu Dhabi government requests local banks to implement strict 'know your client' procedures as part of their Abu Dhabi corporate banking policy. A comprehensive Abu Dhabi corporate bank account application is supported by detailed information on the company's activities (including proof of business such as brochures, website, examples of contracts and invoices), information on the company's customers and suppliers, and information about its shareholders and directors. Our Abu Dhabi corporate banking team will prepare the necessary package of information to satisfy bank requirements.
4.	Healy Consultants prepares Abu Dhabi corporate bank account application forms on our clients' behalf. In addition, our Abu Dhabi corporate banking staff attend a bank interview on our clients' behalf to outline the company's business activities and why it requires an Abu Dhabi corporate bank account.
5.	Healy Consultants will open a Abu Dhabi corporate bank account with a leading retail bank such as HSBC, Standard Chartered and Citibank. Thanks to the excellent relationship our Abu Dhabi corporate banking team enjoys with international banks, our clients are not required to visit Abu Dhabi to open an Abu Dhabi corporate bank account.
6.	Because Abu Dhabi corporate banking service standards are inferior to those in Singapore and Hong Kong, Healy Consultants does not recommend an Abu Dhabi corporate bank account to our clients when building global corporate structures.
7.	Healy Consultants' fee to help clients open an Abu Dhabi corporate bank account amounts to US$2,200. This fee includes the time spent by our Abu Dhabi corporate banking team liaising with the bank, submitting the Abu Dhabi corporate bank account application, attending a bank interview on your behalf, and preparing a detailed business plan. Please note that this fee does not include the initial bank deposit.
Contact Us
For more information on our Abu Dhabi corporate banking services, email email@healyconsultants.com or telephone us at (+65) 6735 0120.
Back to Abu Dhabi Company Formation page.

Buy the Singapore chapter of Healy Consultants' Asia Business Set Up book for US$100, to order call +65 6735 0120 or e-mail email@healyconsultants.com