UAE Digital Business Account

Not every business needs all of its payment activity to run through a traditional branch-based bank. Digital business and payment accounts can be useful for companies that value online account management, international payments, cards and efficient day-to-day payment tools.

Coutts Consultants can help identify a verified third-party provider whose facilities suit the company and assist with the application. We make clear whether the proposed product is a bank account or another type of regulated payment account.

Useful for online and international businesses

Digital accounts can suit consultancies, technology companies, e-commerce businesses and companies making regular international payments.

The best route depends on the currencies, countries, expected volumes and facilities required rather than simply choosing the most familiar brand.

Understand what type of account you are opening

Digital financial services can be provided by banks and by other regulated financial or payment institutions, depending on the jurisdiction and product.

We explain the nature of the proposed provider and the account before an introduction is made.

Digital onboarding still involves checks

Online applications still require identity, ownership and business information. Providers can also ask about source of funds, countries involved and expected transactions.

We help prepare this information so that the application reflects the business accurately.

How Coutts Consultants can help

We discuss the facilities required, identify a suitable verified provider and help prepare and coordinate the application.

Coutts Consultants does not provide the account or hold client funds. The third-party provider makes the final acceptance decision.