In house banking counters with our banking counters makes opening a bank account easier, and quicker
WolfDocs Business Setup provides you all the banking assistance you need while starting your company in the UAE. Be it opening a bank account for your company or offering bank guarantee we can help you.
OPENING A BANK ACCOUNT
Business entities and high-net-value individuals from various nationalities strive to open a bank account in Dubai as well as in other parts of the UAE. There are numerous formalities to open a UAE business bank account.
With WolfDocs Business Setup, opening bank account in Dubai for non-residents or corporate entities becomes extremely easy. WolfDocs Business Setup aids you through the right banks in the region that offer low tariffs on banking facilities, simplified reporting system, high quality of services and competitive fees.
To have an account in the best bank in Dubai or to know about any of the UAE banks or offshore banking services, speak to our business setup consultants.
BANK GUARANTEE FOR BUSINESS SETUP
A bank guarantee is given to a company or an individual regardless of the capacity, of the entity. Thus, a nominal understanding or fee is charged between the parties involved. Some business activities in the UAE require bank guarantees to make an investment or hold a working capital. WolfDocs Business Setup helps companies with a short-term bank guarantee facility that can be valid for 3 days to 10 days.
There are mainly two parties involved in the process of Bank Guarantee – Principal Debtor and Beneficiary for the bank. WolfDocs Business Setup assist you by becoming an enacting principal debtor making you the beneficiary. Through this, WolfDocs enhances the creditworthiness of your company to secure a bank guarantee.
There are various types of bank guarantee that a business may require, to know more on how WolfDocs Business Setup can assist you with the best banking facilities in UAE, speak to our experts!