Opening a corporate bank account is critical to successful operations for your newly-formed company. Aside from being able to facilitate transactions, a corporate bank account is a must for certain mandatory processes such as VAT registration.
Calculus holds long-term partnerships with the leading banks in the UAE. Based on the products and services desired by your company, we can recommend the ideal banking partner that best matches your needs. Our service covers both opening & maintenance activities for corporate bank accounts.
For account opening, Calculus will fully handle relevant applications, including verification and submission of required KYC documents of Signatories as well as the Company. We also help appoint a specific Relationship Manager and engage in constant liaison with this bank representative to fulfil all requirements.
Once the account is opened, we also provide a retained service for day-to-day operations of the company, ensuring ad hoc execution of remittance or transfer of funds in or from Company’s account as per client instructions.
Our banking team can also provide advice on how to access other financial tools including funding, currency exchange, fixed income products, loans, risk management, compliance, and security.