ADCB Business Account for Icelanders

Why ADCB

Put simply, if ADCB is not the right fit for your profile, we say so and introduce you to a bank that is, because a well-matched request is approved faster. ADCB is known for ProCash digital banking, competitive fees for start-ups, good for Abu Dhabi-based businesses and trade and working-capital facilities, so we shortlist it for companies with that profile. On the ground, icelandic applicants benefit from the fact that ADCB already has many Icelandic shareholders on its register, so its officers recognise Iceland papers and name formats instantly.

How ADCB works with GoldenKey

1. 
   Step 1

   Profile review

   We review your licence, activity, shareholder nationalities and expected turnover and confirm that ADCB is a sensible match. For an ADCB business account for Icelandic owners, GoldenKey completes this stage with you on WhatsApp or by email.

2. 
   Step 2

   Document pack

   We compile the licence, memorandum, passport and visa copies, address proof, business profile and sample contracts in the layout ADCB expects.

3. 
   Step 3

   Introduction and meeting

   GoldenKey introduces you to a business banking officer at ADCB and joins the application meeting, in person or online. Expect clear updates from your GoldenKey consultant while this step runs for an ADCB business account for Icelandic owners.

4. 
   Step 4

   Compliance and activation

   As a rule, the bank's compliance team reviews the file, may ask follow-up questions that we help you answer, and activates the account on approval.

Documents required

Here is what you will need for an ADCB business account for Icelandic owners; GoldenKey checks every item before submission.

• A CV for each shareholder and the company's website or social links
• Office tenancy contract or flexi-desk agreement
• Proof of residential address for each signatory
• Sample invoices, contracts or purchase orders where available
• Trade licence, certificate of incorporation and memorandum of association
• Educational certificates attested by the Iceland authorities and the UAE embassy, for professional activities

Pricing

Pricing for an ADCB business account for Icelandic owners depends on the package you choose; every option below includes GoldenKey's service and the government fees stated. Importantly, all prices for an ADCB business account for Icelandic owners are indicative, shown in AED and confirmed in writing ahead of payment.

Why the UAE

The dirham has been pegged to the US dollar since 1997, which removes currency risk for an ADCB business account for Icelandic owners and makes international pricing simple. There are no restrictions on repatriating profits or capital, so earnings from an ADCB business account for Icelandic owners can be moved to your home country or reinvested freely.

Why GoldenKey

You deal with one named adviser from the first call until your ADCB licence, visa and bank introduction are complete, and that consultant answers your WhatsApp messages personally. Just as important, we will tell you plainly if ADCB is not the right choice for your plan and point you to a better option, even when that option costs less. GoldenKey is based in Ajman Free Zone and has helped founders from more than 60 countries with an ADCB business account for Icelandic owners, so the paperwork, approvals and timing hold no surprises for us.

Frequently asked questions