Banking plays a crucial role in business. It is mandatory to choose a perfect bank that will make our business improvement. Since Dubai has become a major hub for international business, banks in Dubai to have more positivity to support business people by creating a Business setup in Dubai .
Benefits of UAE Banking:
Banks offer the whole repatriation of corporate capital and also the profits. It has the most stable currency rate and has the international trading instruments. It supports the business by providing fast and easy transferring of the amount within 2 to 3 days worldwide. It gives the facility of debit card usage.
Categories of Accounts:
Personal account for UAE residents is the easiest and one of the most narrow categories. Every UAE resident is eligible for this category of a bank account. It can be opened nearly within 1 to 3 days in any of the banks with most simple documents like passport, visa, letter of salary and Emirates ID.
A personal account for UAE non-resident requires the personal visit of the person who is willing to open the bank account. It is mandatory to provide the following documents such as passport, a utility bill to give the proof