Banking Solutions

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    Corporate & Individual Banking

    • Summary
    • Benefits
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    It’s fast and secure to open a bank account in the UAE and supervised by the Central Bank. The expert team of The Bizkey will conduct a pre-evaluation of your profile and include a list of prospective banks relevant to your requirements. The Bizkey will then contact the chosen bank once the bank is selected and schedule a meeting which the client has to attend personally.

    The bank would need at least 15 days to process the account opening after meeting the bank, submitting the necessary paperwork, and signing all the bank forms.

    Finally, the bank will deliver your banking details and access to finance your account and start your business operation once the account is opened.

    Clients may contact our office or E-mail us on info@thebizkey.com for a free consultation on opening a bank account in the UAE.

    Benefits of Banking Within UAE
    • Outstanding international security and privacy reputation.
    • E-banking facility.
    • The phone banking system and mobile banking apps.
    • Credit and debit cards facility
    • Cheque books and a token system for secure transactions.
    • Multi-currency accounts like (AED, GBP, USD, Euro, etc.).
    • Letter of credit letters, bank guarantees, and other commercial banking facilities.
    • Fast transfer for foreign markets and IBANs for the European markets.

    Corporate Banking for Free Zone sectors in the UAE
    The UAE is one of the leading business centers globally, making it important to have a stable, secure, sophisticated banking system. The UAE has a stable and powerful Central Bank-regulated banking system. Founded in 1980, the Central Bank, in compliance with UAE rules and regulations, supervises monetary, credit, and banking policies and their implementation. It strengthens the national economy and boosts the local currency’s reliability and stability. It also manages the precious metals and foreign currency reserves of the UAE government and controls banks operating within the UAE.
    Type of Banking in UAE:
    Commercial Banking:
    This leading banking service is focused on start-ups and small and medium-sized enterprises in the UAE and offers the best and most versatile banking facilities for starting a business. The banking vision of the UAE is to help and provide these two essential sectors with all the solutions required to boost the national economy.

    Retail Banking:
    It is a traditional personal banking scheme in which individual clients use the larger commercial bank branches. More than 50 retail banks are in the UAE. This banking system offers a wide variety of services, like personal savings and current accounts, debit and credit cards, personal and auto loans. Retail banking is focused more on the individual customer level as compared to the corporate level.

    Investment Banking:
    One of the highest rates of ROI is offered by the UAE banks starting at 3% interest. The UAE is a leading global investment center with its political and economic position.

    Islamic Banking:
    UAE banks offer Islamic banking supervised by the Shari’a Act and the 1985 Federal Law No. 6. H. H. Sheikh Mohammed bin Rashid Al Maktoum’s political approach includes the establishment of Dubai as a global Islamic banking hub.