Business Current Account is ideal for your routine financial needs. It offers:
A free international debit card is also available for sole proprietorships and single signatory accounts.
You can make payments from your 24/7 smart BUSINESS platform for salaries through WPS or to local and international employee accounts (with any bank), for utilities (such as DEWA, Etisalat or Du) and to your corporate card. You can also make payments to local and international beneficiaries, as well as for immigration visas using e-Wallet Services and VAT.
You can initiate online transfers to your own account, as well as third party and vendor accounts,
You can make international and local telegraphic transfers and demand drafts through BUSINESS, ACCOUNTS as well as arrange third party payments in the UAE through Manager's Cheques.
BUSINESS allows you to apply for the issuance of Letters of Credit and Guarantees, as well as to amend those already requested. You can also view trade related reports and MIS through the platform.
With BUSINESS ACCOUNTS you can open new and amend Fixed Deposits, view account statements and a comprehensive account summary, and request balance confirmations on selected accounts. You can also download account information in real time, access historic account information and order cheque books.
Anyone who sets a company in UAE needs a bank account, and MarkAI is ready to guide you to make a relevant decision in opening a bank account as per the business needs. The bank account opening requirement can be for the existing customer or new business owners.
Once you have all the company documents ready, they should be submitted to the banks along with the application, and after this the banker will probe into the company’s genuineness. Based on the activity mentioned on the license one can do the transactions, and depending on the suppliers and customers of the business.
MarkAI will prepare the report on the cash and check flow analysis to be submitted to the bank for bank account opening in Dubai, and our proper detail help investors to save time in getting their bank account operated.
Dubai enjoys a central location between Europe, Africa and Asia, making it as a prime business destination for a variety of sectors. It is one of the safest cities in the world. Dubai is well serviced by international and local financial institutions and is a leading commercial center with a state-of-the-art infrastructure and outstanding business environment.