Home / Company Formation / Corporate bank account support
UAE corporate bank account support
Lexoford Services L.L.C-FZ prepares the corporate account file and coordinates with the bank. Licence 2651822.01. The bank decides whether to open the account.
This page uses the u.ae banking page updated 2026-09-04. It does not invent a corporate checklist the page does not contain.
What the service covers
Assemble the corporate documents the chosen bank asks for, and keep the licence, ownership and activity description consistent across the file.
Submit through the channel that bank uses, and answer its questions. Lexoford Services does not approve the account.
u.ae describes opening an account in general, and names a business account as one account type. A personal-document list is not a corporate checklist.
A refusal is the bank decision. The next step is to read the reason the bank gave, not to start a new application with the same gaps.
There is no separate published Lexoford fee for this support. Formation service fees start at AED 3,999. Bank charges are extra.
What u.ae says about opening an account
Checked on the u.ae banking page, updated 2026-09-04. The Central Bank is described there as the supervisor of the banking sector. The page says firms that carry on regulated activities must be authorised by the Central Bank. That sentence is about banks and other licensed firms. It is not an account-opening approval for a Lexoford client.
Local or international banks operating in the UAE. Many banks accept an application online or in a mobile app. A branch visit is also listed. Some banks offer digital account opening with identity checks in the app.
Emirates ID, a valid UAE residence visa, a passport or family book, a salary certificate or employment letter, and proof of address in some cases. Self-employed individuals may need a trade licence and company documents.
Current account, savings account, and business account. The page also says many banks require a minimum monthly balance and may charge a fee below it. It does not publish the amount.
From 2012, IBAN is mandatory for electronic payments and receipts within and outside the UAE, except credit-card payments. Each account has its own IBAN. Banks must tell the account holder that IBAN.
Source: u.ae — Banking. Updated 2026-09-04. Checked 2026-10-14. The Central Bank rulebook page on account opening returned HTTP 403 on the same date and is not cited.
How Lexoford Services handles the file
Licence activity, customers, and where money will come from and go. Inconsistencies are a common reason banks ask more questions.
Licence, constitutional documents, ownership, and signatory authority, in the form that bank requests.
Online, app, or branch, as that bank requires. Remote filing is not promised for every corporate account.
Activation happens after approval. Lexoford Services does not set the decision or the date.
What this page does not state
- No complete corporate KYC list. u.ae does not publish one on the page checked.
- No minimum balance in dirhams, and no approval rate.
- No corporate-account timeline. The few-hours-to-few-days sentence is left in its general context and is not reused as a company-account promise.
- No Central Bank rulebook citation. That page returned HTTP 403.
- No authorized bank partnership, and no guarantee that an account will be opened.
Lexoford Services is not a bank. What Lexoford Services does not guarantee.
Published Lexoford prices
The only Lexoford prices on the homepage and in pricing-config.json are the company-formation service fees below. This page does not add a separate fee.
0–1 visa: Starter AED 3,999. 2–3 visas: Business AED 4,999. 5 visas: Premium AED 7,999. Each additional visa adds AED 1,000 service fee beyond the visas your tier includes. Customer pays = government/free-zone fees at cost + Lexoford service fee.
Government and free-zone fees are extra, paid at cost. Estimate your itemised total.
Frequently asked questions
No. The u.ae banking page, updated 2026-09-04, says an account is activated once the application is approved. It does not say that a licence is an approval. The bank decides.
In the opening-a-bank-account section, u.ae lists an Emirates ID, a valid UAE residence visa, a passport or family book, a salary certificate or employment letter, and proof of address in some cases. It then says self-employed individuals may need a trade licence and company documents. The same page lists a business account among common account types.
No. That page does not publish a complete corporate due-diligence list, a minimum-balance figure, or a rule that a company account opens in a stated number of days. The sentence that approval usually takes a few hours to a few days, depending on the bank, sits in that general account section. This page does not treat it as a corporate-account service level. The Central Bank account-opening rulebook returned HTTP 403 on 2026-10-14, so this page does not cite it.
No separate bank-opening price is published on the homepage or in pricing-config.json. AED 3,999 / 4,999 / 7,999 are Lexoford company-formation service fees. Company formation includes preparing the corporate account file and coordinating with the bank. Bank charges are the bank charges. Account opening is not guaranteed.
u.ae says many banks allow an application online or in a mobile app, and that some banks offer digital account opening. It also lists a branch visit as a way to apply. It does not say that every corporate account can be opened from abroad. The bank sets the channel for that file.
No. Lexoford Services is not an authorized partner of the Central Bank of the UAE or of any bank. The only Authorized Professional Partner credential Lexoford Services publishes is IFZA, Partner ID 11215-7490, certificate dated 2026-09-25. Lexoford Services is also a SHAMS Authorized Partner and an Expo City Dubai Free Zone Channel Partner.
Discuss a corporate account file
Describe the licence activity, where customers pay from, and whether anyone already holds UAE residence. Do not paste bank statements or passport numbers.
You will receive a written reply after submitting.
Office 607, 6th Floor, RAG Tower Business Center, Al Barsha 1, Dubai, UAE. Meetings by appointment. Licence No. 2651822.01.