Open Abu Dhabi Commercial Bank Business Bank Account

The United Arab Emirates' capital, Abu Dhabi, is noted for its vibrant economic environment and powerful financial industry. Acquiring a business bank account is one of the most critical tasks for any entrepreneur or business owner trying to build a sound financial foundation. Abu Dhabi Commercial Bank (ADCB) is a significant UAE bank in Abu Dhabi that provides various financial services such as savings and commercial accounts. This article will explore the advantages, features and procedures for ADCB Business Bank account opening.

ADCB Business Accounts - Features & Benefits

The Features and benefits of the ADCB Business Bank account opening are:

Business Choice Current Account- Silver

Accepted worldwide Business Choice Debit Card
Free Cheque book every four months
The requirement for minimum balance is low
E-statements are free
Access to the services of mobile banking, phone banking and Internet banking

Business Choice Current Account- Gold

Accepted worldwide Business Choice Debit Card
Free Cheque book every four months
The requirement for minimum balance is low
E-statements are free
Access to the services of mobile banking, phone banking and Internet banking
Tellers transactions are free 30 times a month

Business Choice Current Account- Platinum

Accepted worldwide Business Choice Debit Card
Teller transactions are free and unlimited
In case of theft and fire, complimentary insurance of business up to AED 500,000 is provided (T&C apply)
3 Cheque books are given for free in a month
The requirement for minimum balance is low
E-statements are free
Access to the services of mobile banking, phone banking and Internet banking

Business Choice Special Savings Account

Accepted worldwide Business Choice Debit Card
The requirement for minimum balance is low
E-statements are free
Access to the services of mobile banking, phone banking and Internet banking
Availability of Sweep Facility
Earn monthly payouts of up to 0.8% interest rates per annum on savings

E-business Account

Cheque book
International debit card
Access to the Internet and mobile banking
Facility for utility bill payment available
E-statements are free
Availability of Auto Sweep Facility
No requirements for the minimum balance
Teller transactions are free and unlimited
Domestic remittances are free

Eligibility Criteria to Open an ADCB Business Account in UAE

The eligibility factor required ADCB Business Bank account opening are:

To open a Business Choice Current Account- Silver, a minimum monthly balance of AED 10,000 is required.
To open a Business Choice Current Account- Gold, a minimum monthly balance of AED 50,000 is required.
To open a Business Choice Current Account- Platinum, a minimum monthly balance of AED 100,000 is required.
A minimum monthly balance of AED 10,000 to earn interest is required to open a Business Choice Special Savings Account.
The applicant must be a UAE or GCC national to open an E-business Account.

Documents Required to Open an ADCB Business Account in UAE

Required documents for the ADCB Business Bank account opening are:

Business Choice Current Account- Silver

Valid Tenancy contract
Power of attorney (if it is applicable)
Valid Trade licence

Business Choice Current Account- Gold

Valid Tenancy contract
Power of attorney (if it is applicable)
Valid Trade licence

Business Choice Current Account- Platinum

Valid Tenancy contract
Power of attorney (if it is applicable)
Valid Trade licence

Business Choice Special Savings Account

Valid Tenancy contract
Power of attorney (if it is applicable)
Valid Trade licence

E-business Account

E-Trader licence

How to open an ADCB Business account in the UAE?

Opening an ADCB Business Account in the UAE is a straightforward process. Here are the steps to follow:

Visit the Nearest Branch:

Head to the nearest branch of ADCB in the UAE. The bank has a very wide network of branches across Abu Dhabi and other Emirates. Speak to a representative at the branch and express your interest in opening a business account. They will guide you through the necessary steps and provide the required forms and documents.

SMS Application:

Another convenient method is to send an SMS to ADCB. Simply type "BCA" followed by the type of account you wish to open (e.g., BCA Savings or BCA Business) and send it to 2626. This will initiate the account opening process, and ADCB will contact you to complete the formalities.

Apply Online:

ADCB also provide ADCB online business bank account opening. Visit their official website and look for the "Open an Account" section. Fill out the online application form and provide the required details about your company and personal information. Submit the form, and ADCB will review your application, and this is how you open an ADCB business bank account online.

Why should you choose Dhanguard to Open an ADCB Business Account?

In conclusion, seeking Dhanguard's assistance for opening an Abu Dhabi Commercial Business Bank account in the UAE can greatly simplify the process and offer several benefits. With updated knowledge of the bank's legal formalities, Dhanguard can guide you through each step of the application process, ensuring a smooth experience. Additionally, Dhanguard can provide valuable assistance in tracking the application status, saving you time and effort. By availing their services, you can enjoy a hassle-free and fast procedure, allowing you to focus on your business goals while leaving the banking process in capable hands.

e-Business Account

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SmartStart Business Account

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Business Choice Current Account Silver

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Business Choice Current Account Gold

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Business Choice Current Account Platinum

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Other Bank Business Accounts

Open Selected Bank Business Accounts from other Countries

FAQ'S

Opening a Abu Dhabi Commercial Bank bank account in the UAE from abroad is possible, but the specific requirements and procedures may vary among banks. Some banks offer online account opening services, while others may require you to visit a branch in person or provide additional documentation.

Yes, a foreign company can open Abu Dhabi Commercial Bank an account in Dubai. However, the requirements and procedures may vary depending on the bank and the type of company. It is advisable to contact the bank directly to inquire about their specific requirements for foreign companies.

Yes, you can open a Abu Dhabi Commercial Bank business bank account in the UAE. The process typically involves providing the necessary documents, such as company registration papers, proof of address, and identification documents of authorized signatories. Different banks may have varying requirements and minimum deposit amounts.

Opening a Abu Dhabi Commercial Bank business bank account in a different country is possible, but the specific procedures and requirements will depend on the country and the bank. Some banks may require you to have a physical presence or meet specific criteria, while others may offer remote account opening options.

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