Our Services

Bank Assistance

West Field Management Consultancy provides you all the banking assistance you need while starting your company in the UAE. Be it assistance for bank account opening or for bank guarantee, we can help you.

Business entities and high-net-value individuals from various nationalities strive to open a bank account in Dubai as well as in other parts of the UAE. There are numerous formalities to open a UAE business bank account. And we can help you identify the best business bank account in the UAE.

With West FieldManagement Consultancy, opening bank account in Dubai for non-residents or corporate entities becomes extremely easy. While bank account opening requirements can look complicated, West FieldManagement Consultancy aids you through the right banks in the region that offer low tariffs on banking facilities, simplified reporting system, high quality of services and competitive fees.

To have an account in the best bank in Dubai or to know about any of the UAE banks or offshore banking services, speak to our business setup consultants.

We’re Excellence Accounting Services: The Concierge of Personal and Business Services

Non-resident account

Opening a bank account in Dubai for non-residents is also not a difficult task. If you are not a resident of UAE, you can open a personal bank account in UAE with specific limitations on the choice of banks and the features they offer. However, this limitation is not a major concern as many prominent banks in UAE offer non-resident bank accounts. Most banks in the UAE permit non-residents to open savings bank accounts only. westfield consultants provide bank account opening services in UAE making it easier for people to open bank accounts in Dubai and other Emirates.

Along with the application non resident account,

submit the below-mentioned documents too

  • PASSPORT COPY
  • UAE ENTRY STAMP PAGE
  • TARDE LICENSE /SALARY CERTIFICATE
  • 3 MONTHS BANK STATEMENT FROM HOME COUNTRY
  • 3 MONTH UTILITY BILL FROM HOME COUNTRY
  • CUSTOMER CV/RESUME

The commercial banking sector in the UAE can be generally classified into two types. And they are locally incorporated banks and branches of overseas/foreign banks.

The Central Bank of UAE is in charge of all banking related regulations. All financial institutions and their operations come under the Central Bank of UAE; a KYC (Know Your Policy) has been set by the Central Bank to meet international standards. It is a general system that UAE banks will enquire you about your account transactions while opening your personal or corporate bank account in Dubai, UAE. WESTFIELD can guide you on KYC requirements to open a bank account in Dubai and it makes the documentation process easier for the applicants.

Be it a personal or corporate account, bank account opening in UAE requires certain basic requirements. No worries! Westfield financial consultants help you get through the entire process involved with opening bank account in Dubai. We at westfieldoffer complete bank account opening services in UAE to our clients.

Instructions to open a Corporate bank account in Dubai, UAE

The prerequisites to open a bank account in Dubai or UAE vary with banks. Banks do not follow a common guideline for opening a Corporate bank account. Get to know about the banking charges associated with various banks before selecting your desired bank.

The director and the shareholder of the company should be physically present for accomplishing the process. The detailed instructions for opening a corporate bank account in Dubai and UAE are listed below.

Every bank has an account opening form. Fill the form and provide additional company-related documents like
business proof, invoices, client details, etc.

Along with the application, submit the below-mentioned documents too.

  • Trade license of the company
  • Incorporation certificate
  • Board resolution document
  • Memorandum of Association and Articles of Association
  • Director’s copy of passport
  • Partner’s letter of reference
  • Registry of shareholders
  • Emirates ID and passport of the shareholder (copy)
  • Certificate of Authorisation
  • Business Plan
  • Prevailing contracts
  • Fund declaration
  • Company extract

The bank verifies the entire documents that you have submitted. Based on the verification, the bank either approves or withdraws the submission.

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Would you like to speak to one of our business consultants in Dubai for setting up a business in Dubai? just submit your necessary details and we will get in touch with you shortly! we are a leading consultancy in Dubai