Starter

Overview

Our Zero balance account in the UAE for all startups and entrepreneurs.

Starter account offers reliable and rewarding banking products and services, well suited to our talented entrepreneurs, with a flat monthly service fee.

Currency: AED, USD, GBP, EURO, JPY, CNY

Features and Benefits

• ZERO balance requirements
• Complimentary Business Debit Card with higher daily cash withdrawal limits.
• Suitable account package for new business starters / newly established businesses
  
• Standard fee for banking transactions and digital platforms
  
• Standard forex rates*
• Standard Trade Finance rates
• Dedicated relationship managers
• Dedicated SME Service Desks
  

*Conditions apply

Eligibility

Applicable for all type of newly established companies and start-ups in UAE

Required Documents

• National ID or valid passport with UAE residence visa and Emirates ID of all signing authorities and shareholders, if applicable
• Valid legal and constitutive documents (i.e. Trade License, Certificate of Commercial Registration, Free Zone Certificate of Incorporation, Memorandum of Association, Partnership Agreement) as applicable
• Power of Attorney or Board Resolution, if applicable
• Proof of Address
• Details of Ultimate Beneficial Owners
• Bank Reference Letter and Company Profile, if applicable
• No requirement for audited financial statements