Business Accounts in Popular Dubai Banks

Business Accounts in Popular Dubai Banks
Includes popular Dubai banks, as well as some branches of foreign banks, with an assessment of the probability of opening an account for a Russian beneficiary.
Emirates NBD
+ business call account option for non-resident
Recommended Amount
from AED 50 000 (Prime)
from AED 200 000 (Preferred)
AED 500 000 (Prestige)
from AED 3 500 000 (Platinum) (often with investment products)
Opening Period
From 2 weeks to 2 months
Support for Russian Owners
Low (enhanced compliance, rejections)
Emirates Islamic Bank (EIB)
+ business digital option
Recommended Amount
from AED 10,000 (Digital / business women account)
from AED 50,000 (Premium)
from AED 150,000 (Gold)
from AED 400,000 (Platinum)
from AED 3,500,000 (Diamond) (often with investment products)
Opening Timeframe
From 2 weeks to 2 months
Support for Russian Federation Owners
Medium (with high turnover and full transparency)
Dubai Islamic Bank (DIB)
Recommended Amount
from AED 0 (e-trader)
from AED 50,000 (Plus)
from AED 250,000 (Premium)
from AED 500,000 (Infiniti)
from AED 3,500,000 (Ultimate)
Account Opening Period
From 2 weeks to 2 months
Support for Russian Federation Owners
Very low (many accounts closed)
ADCB
+ e-business account option
Recommended amount
from AED 0 (e-business)
from AED 10,000 - Silver
from AED 50,000 - Gold
from AED 100,000 - Platinum
Opening period
2 weeks to 3 months
Support for Russian clients
Low (only large structures with transparent reporting)
FAB
+ business call account option for non-resident
Recommended Amount
from AED 10,000 (basic)
from AED 250,000 (advantage)
from AED 500,000 (preferred)
Opening Period
From 2 weeks to 1.5 months
Support for Russian Federation Owners
Low (only large structures with transparent reporting)
RAKBank Business
Recommended Amount
From AED 50,000
From AED 500,000 and above (elite) with interest rates
Account Opening Duration
From 1 month to 3 months
Support for Owners from Russian Federation
Medium (with a complete set of documents)
ADIB
Recommended Amount
from AED 5 000 (Business One)
from AED 250 000 (Premium)
from AED 750 000 (Elite)
Opening Period
From 1 to 3 months
Support for Russian Federation Owners
Moderate (with a full set of documents)
Ajman Bank
Recommended Amount
from AED 10,000 (basic)
from AED 300,000 (Priority)
Account Opening Period
2 to 3 months
Support for Russian Federation Citizens
Medium (with complete set of documents)
National Bank of Fujairah
Recommended amount
from AED 25,000 (Plus)
from AED 350,000 (Priority)
Opening period
From 2 weeks to 2 months
Support for Russian Federation owners
Average (with a full package of documents and full transparency)
Al Maryah Community Bank (M bank)
Digital Bank
Recommended Amount
None. *Does not support international transfers. However, there is an option for cooperation with partner exchange offices.
Account Opening Period
From 2 days (application) to 2 weeks
Support for Russian Federation Citizens
Moderate (with a complete set of documents and full transparency).
WIO bank
digital bank
Recommended Amount
None
Opening Period
From 2 days (application) to 2 weeks
Support for Russian Owners
Medium (with a full package of documents and complete transparency).
Digital Mashreq Bank (NeoBiz)
digital bank
Minimum Balance
from AED 0
from 50,000 (Prime)
Account Opening Duration
From 2 days (application) to 2 weeks
Support for Russian Federation Residents
Moderate (individual approach, but enhanced verification)
Misr Bank (UAE branch)
Recommended Deposit Amount
from AED 25,000
from AED 250,000
Account Opening Time
From 1 month
Support for Russian Federation Account Holders
Medium (with regional ties and transparent operations)
Adriatic Bank (Dubai rep.)
Recommended Amount
from 15,000 Euro
Opening Period
From 2 weeks to 1 month
Support for Russian Owners
Medium-low (possible if the company structure is transparent)
Important Notes
* Terms and conditions may change and are clarified upon direct inquiry to the bank.
** Banks typically also set requirements for a minimum monthly balance.
*** Requirements may vary depending on the bank, the company's jurisdiction (mainland/free-zone), and the country of origin of beneficiaries.
**** Generally, UAE banks adhere to UN Sanctions and FATF lists.
Sanction Lists as of 01.08.2025
FATF BLACK-LIST
North Korea (DPRK), Iran, Myanmar (Burma)
FATF GREY-LIST
Under enhanced FATF monitoring: Algeria, Angola, Bolivia, Burkina Faso, Cameroon, Côte d'Ivoire, Democratic Republic of Congo, Haiti, Kenya, Laos, Lebanon, Monaco, Mozambique, Namibia, Nepal, Nigeria, South Africa, South Sudan, Syria, Venezuela, Vietnam, UK Virgin Islands
UN SANCTIONS
UN SECURITY COUNCIL SANCTIONED COUNTRIES: North Korea (DPRK), Iran, Iraq, Yemen, Somalia, Libya, Lebanon, Mali, Central African Republic (CAR), Democratic Republic of Congo (DRC), Eritrea, Guinea-Bissau, Sudan, South Sudan
OFAC COMPREHENSIVE SANCTIONED COUNTRIES
USA: Iran, North Korea, Syria, Cuba, Russia, Partially: Ukraine (Crimea region, Donetsk and Luhansk oblasts)
List of documents for opening a corporate account in Dubai banks (UAE)
Company Documents
Trade License, Memorandum & Articles of Association (MoA/AoA), Certificate of Incorporation / Share Certificate, Board Resolution (resolution on appointing a person to open an account), Office Lease Agreement (office address confirmation), contact information (email, local phone).
Business Documents
Contracts (or letters of intent for cooperation) with clients/suppliers
Business plan (often requested for new companies)
Financial statements (if the company has been operating for more than 1 year)
Company bank statements (+ recommendation letters from other banks) for the last six months (for an existing company, if available).
Owners / Beneficiaries Documents
Passport, UAE Resident Visa, Emirates ID, Proof of Address (utility bill or tenancy contract), contact information (email, local phone), CV, Bank statements from other banks for the last six months (in English).
Director (Manager) Documents
Passport, UAE Resident Visa, Emirates ID, Proof of Address (utility bill or tenancy contract), contact information (email, local phone), CV.
Additionally (upon bank request)
UBO Declaration (Ultimate Beneficial Owner declaration), Documents confirming the source of funds for the owners.
Contact Ekaterina Today
How to schedule a consultation?
You can schedule a consultation by calling the provided phone numbers, sending an email, or filling out the form on the website. We will contact you within 24 hours to confirm the meeting.
What services are included in the free consultation?
As part of the free 30-minute consultation, Ekaterina will conduct an initial analysis of your situation, identify key needs, and suggest possible solutions to your tasks.
Do you work with clients from Russia?
Yes, Ekaterina works with clients from Russia and other countries, helping them enter the UAE market or develop their existing business in Dubai.
Dubai, UAE: +971 58 178 7763
Russia: +7 922 83 555 26
Email: me@katyalawyer.com katyalawyer.office@gmail.com