Bank account opening
A business bank account, without the back and forth
We prepare a complete file and introduce you to banks that accept your activity. From AED 2,500; most accounts open in 2–4 weeks.
What we handle
Banks in the UAE look closely at new companies: who owns them, where the money comes from and who the customers will be. Most delays come from an incomplete file, so we build yours before any bank sees it, with company documents, a short business profile, expected turnover, source of funds and the contracts or invoices that back them up.
Fatima Rahman spent eleven years in relationship banking before joining Tamam. She knows which banks are taking on trading, e-commerce and consultancy companies this year, and applies to the two most likely to say yes. The decision is always the bank’s, so we never promise approval, and we never charge a success fee.
The steps
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File review
We check your documents and spot what compliance will ask about.
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Business profile
Two pages on your activity, suppliers, customers and turnover.
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Bank shortlist
Two banks chosen for your activity, nationality and turnover.
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Meeting and checks
A meeting with the relationship manager; we brief you first.
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Account opened
Online banking set up, cards ordered, first deposit made.
Documents to get ready
Tick them off as you go. Copies are fine to start.
0 of 11 ready
Prices
Starting prices for 2026. Your written quote lists every fee line by line before you pay anything.
Bank account opening
- Business account opening, one bankFile, business profile, introduction and meeting brief
- AED 2,500
- Each additional bank application
- AED 1,250
- Personal accountOnce your residence visa is issued
- AED 950
- Business profile onlyIf you’d rather apply yourself
- AED 1,200
Our service fees are subject to 5% VAT. Government fees are passed on at cost, with the official receipts.
See all pricesTwo banks had turned us down. Tamam rebuilt the file and the third bank opened our account in 19 days.
Questions about bank account opening
How long does it take?
Two to four weeks from a complete file. Trading and higher-risk activities can take longer, and we tell you which at the start.
Do I need to be in the UAE?
For most banks, yes, for one meeting to sign. A few start with a video call and only need you in person at the end.
What minimum balance will I need?
Most banks ask for an average of AED 25,000 to 50,000 for a business account; some digital banks ask for none. We give you each bank’s figure before you apply.
A bank already turned me down. Can you help?
Usually, yes. Rejections tend to come from missing source-of-funds evidence or figures that don’t match the business plan. We review the file, fix it and choose a better-suited bank.
Get your file bank-ready
Send us your company documents and we’ll tell you which banks to approach, and why.