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Establishing a Business Bank Account

Before you can fully operate a business in the UAE, you will need to open a corporate bank account. The process involves the submission of documents which identify the ownership structure of the business and verify the identity and contact details of the owners and/or managers to enable the bank to carry out its strict due diligence procedures

CBD can assist with this process by introducing clients to its banking relationships within the UAE and providing assistance, guidance and oversight of the account opening formalities.

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