First Abu Dhabi Bank (FAB) Business Account for Irish nationals

Why First Abu Dhabi Bank (FAB)

As a rule, first Abu Dhabi Bank (FAB) is known for international correspondent network, strong corporate banking, global trade finance and premium relationship management, and that is why we shortlist it for companies with that profile. Importantly, having a UAE residency visa and Emirates ID for at least one signatory makes a First Abu Dhabi Bank (FAB) submission noticeably smoother. For Irish nationals, the practical advantages of First Abu Dhabi Bank (FAB) are the ease of travel between Ireland and the UAE, English is the working language in both countries, and a banking system that processes euro (EUR) transfers daily.

How First Abu Dhabi Bank (FAB) works with GoldenKey

1. 
   Step 1

   Profile review

   We review your licence, activity, shareholder nationalities and expected turnover and confirm that First Abu Dhabi Bank (FAB) is a sensible match.

2. 
   Step 2

   Document pack

   For most clients, we compile the licence, memorandum, passport and visa copies, address proof, business profile and sample contracts in the layout First Abu Dhabi Bank (FAB) expects. For a First Abu Dhabi Bank (FAB) business account for Irish owners, GoldenKey completes this stage with you on WhatsApp or by email.

3. 
   Step 3

   Introduction and meeting

   GoldenKey introduces you to a business banking officer at First Abu Dhabi Bank (FAB) and joins the application meeting, in person or online.

4. 
   Step 4

   Compliance and activation

   Crucially, after compliance review by First Abu Dhabi Bank (FAB), any queries are answered with our help and the account is opened. We keep a written record of this step so your file for a First Abu Dhabi Bank (FAB) business account for Irish owners is audit-ready.

Documents required

The document list for a First Abu Dhabi Bank (FAB) business account for Irish owners is short, and most clients already have everything on it.

• Sample invoices, contracts or purchase orders where available
• A passport issued by Ireland with at least six months' validity
• A CV for each shareholder and the company's website or social links
• A business profile describing products, customers, suppliers and countries of operation
• A bank statement from your Ireland bank for the last three months, which banks use to understand your profile
• Passport, visa and Emirates ID copies of all shareholders and signatories

Pricing

From day one, all prices for a First Abu Dhabi Bank (FAB) business account for Irish owners are indicative, shown in AED and confirmed in writing before you pay. From day one, the figures below for a First Abu Dhabi Bank (FAB) business account for Irish owners are updated by GoldenKey whenever the registrar changes its fees, so the price you see is the current one.

Why the UAE

For most clients, since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so a First Abu Dhabi Bank (FAB) business account for Irish owners no longer requires a local partner. The dirham has been pegged to the US dollar since 1997, which removes currency risk for a First Abu Dhabi Bank (FAB) business account for Irish owners and makes international pricing simple.

Why GoldenKey

GoldenKey is based in Ajman Free Zone and has helped founders from more than 60 countries with a First Abu Dhabi Bank (FAB) business account for Irish owners, so the paperwork, approvals and timing hold no surprises for us. Most of our First Abu Dhabi Bank (FAB) customers come to us through referrals from other founders, and for that reason we take pride in keeping every promise we put in writing. Day to day, if a document is missing or an approval is delayed on your First Abu Dhabi Bank (FAB) file, we tell you immediately and explain the fix, rather than letting the application sit.

Frequently asked questions