Sharjah Corporate Bank Account |
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Opening a Sharjah corporate bank account is difficult and time consuming, and this is compounded by poor service standards in the Sharjah corporate banking sector. Healy Consultants assists our clients to overcome the challenges of opening a Sharjah corporate bank account without them needing to visit Sharjah. The following is an overview of our Sharjah corporate banking services: |
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| 1. | It is difficult to open a Sharjah corporate bank account, especially for non-resident individuals. On average, it takes approximately two months to obtain Sharjah corporate bank account approval, account numbers and internet banking access. |
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| 2. | The Sharjah 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. |
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| 3. | The Sharjah government requests local banks to implement strict 'know your client' procedures as part of their Sharjah corporate banking policy. A comprehensive Sharjah corporate bank account application is supported by detailed information on the company's activities in Sharjah and internationally (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 Sharjah corporate banking team will prepare the necessary package of information to satisfy bank requirements. |
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| 4. | Healy Consultants prepares Sharjah corporate bank account application forms on our clients' behalf. In addition, our Sharjah corporate banking staff attend a bank interview on our clients' behalf to outline the company's business activities and why it requires a Sharjah corporate bank account. |
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| 5. | Healy Consultants will open a Sharjah corporate bank account with a leading retail bank such as HSBC, Standard Chartered or Citibank. Thanks to the excellent relationship our Sharjah corporate banking team enjoys with international banks, our clients are not required to visit Sharjah to open a Sharjah corporate bank account. |
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| 7. | Healy Consultants' fee to help clients open a Sharjah corporate bank account amounts to US$2,450. This fee includes the time spent by our Sharjah corporate banking team liaising with the bank, submitting the Sharjah corporate bank account application, attending a bank interview on your behalf, and preparing a detailed business plan. |
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Please note that our fee to open a Sharjah corporate bank account does not include the initial deposit required by the bank. |
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| Contact Us | |||||||||||||||||
For more information on our Sharjah corporate banking services, email email@healyconsultants.com or telephone us at (+65) 6735 0120. |
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Back to Sharjah Company Formation page. |
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Buy Healy Consultants' Asia Business Set Up book, to order call +65 6735 0120 or e-mail email@healyconsultants.com
