uae bank account

Hello guys, Wio was the life saver for business banking in the UAE.. but many got their application rejected without any specific reason Most probably cause of the activities..(talking about non shaddy / non crypto). What are the "non liked" activities as per your feedback ? Cheers

I am selling 1 year old FZCO in Silicon Oasis. It has a mashreq business bank account opened. The company had no activity apart from paying salary to owner for a couple of months. My emirates id expires in 2025 and I have no plan of renewing it so I am selling this company. I heard opening a...

So I have registered my company in Sharjah media City with business bank account in mashreq Neo biz.I have a resident visa and rent a apartment in Sharjah.I pay myself a salary into my personal account in USD.I intend to withdraw money from my personal account to deposit USD into binance via...

Hello everyone, I came to Dubai, made a company in Dubai Freezone, but no banks are going to open a corporate bank account for me. Briefly about myself: - Belarus passport - I have good statements (~600k USD / 6months) from the bank account in Georgia and EMI (PayPal) - Sphere: online...

Hello everyone, I moved to the UAE almost 1 year ago now and I have my company here where I work on my online business (mainly e-commerce). The problem is that my clients are mainly individuals living abroad but not in the Middle East. The payment services available in the UAE (including...

Hello, I would like to ask those of you who have experience to point me to a good virtual bank account (think Transferwise borderless before they closed down for UAE) for a company registered in the RAKICC register from UAE (it's address is in Dubai). So far, I have experience with: -...

Hey everyone, a friend of mine currently sells items on Amazon and eBay, I have been speaking with a company in the UAE that have suggested I open a RAK Company with the cost for company formation and bank account opening assistance at approximately £1,800 and then a yearly fee of £1000, the...

Hi, what is the best option to get UAE residency and open a bank account and not stay all time in UAE maybe visit once a year? witbout having to rent an appartement all year. is gofreelance.ae an option for 3 years visa? most my work is freelancing online but i dont make 5k a month.

Hello everyone. I have couple of banks in mind (Swiss and UAE) to set up account. Main purpose - cash out crypto to fiat. What is better: 1 - to be proactive and discuss with bank main purpose, show all the proof of legality of my crypto, solve all the possible questions upfront. To prevent...

Hello everyone! I’ve received Emirates residency and looking for crypto-friendly bank in UAE to set up account. Despite I can provide proof of legality of my crypto and fiat funds there was information that not all UAE banks like transfers to/from cryptocurrency exchanges for whatever reason...

Which EMI do you recommend for a UAE business (SHAMS or IFZA)? Transferwise stopped supporting UAE entities!

Hi there, I have a residence visa in UAE, I need to open personal bank accounts there. I want to know if the banking app shows the full debit card number in the app itself? I have a ENBD bank account and they censor some numbers of card. Actually I have to change my card every few weeks...

I am researching the following: - setting up a Dubai free zone company, with visa and Emirates ID - setting up a corporate bank account for the above entity - purchasing an apartment or home in Dubai Before I would make the last step I would like to get a personal bank account in The UAE. Does...

It's been a long time since I've been around offshorecorptalk - great place, waow. I am looking for a bank account for our Swedish company that runs Internet trading. To make things a little easier for us, we are thinking of setting up a company with a bank account either in Cyprus or in the...