Bank Account Proposal Preview

Corporate Bank Account Opening — Vision Bank

Client Details

Proposal Preview

Corporate Bank Account Opening — Vision Bank

[Client Name] – [Company Name]

01 October 2026

1

Vision Bank

SPV and holding companies in DIFC and ADGM are commonly used structures for holding assets such as real estate, shares, and intellectual property, as well as for consolidating group structures and wealth structuring.

Foundations in DIFC and ADGM offer a separate legal personality with no shareholders, making them a popular choice for family wealth structuring, succession planning, asset protection, and philanthropic purposes.

As these types of companies are relatively new in the UAE, having only been introduced 4-5 years ago, most local UAE banks (such as Emirates NBD, Mashreq, and others) are still not very familiar with them and tend to consider them high risk due to their lack of popularity. Vision Bank (www.vision-bank.com) is built specifically for ADGM & DIFC structures (Foundations & SPVs) and is registered in ADGM itself, making it our recommended choice for this type of company.

2

List of Required Documents

For the Company:For Individuals:

Please provide the company's legal constitutional documents, including:

  • Trade License / Commercial License;
  • Certificate of Incorporation / Registration;
  • Certificate of Incumbency;
  • Articles of Association (AOA);
  • Memorandum of Association (MOA);
  • List of Shareholders and UBO (Ultimate Beneficial Ownership) Structure;
  • Entity Proof of Address.

Please provide valid identification and proof of address for the following parties:

  • UBOs / Shareholders holding 10% or more ownership;
  • Controlling Person(s), if applicable;
  • Authorized Signatories;
  • Directors;
  • Admin Users (Proof of Address N/A).
  • Source of Wealth document for the UBO(s) - this can be a bank statement or other relevant document showing the source of wealth.

Note:

In some cases, Vision Bank requires a minimum balance to be maintained in the account (this is not a deposit, but a minimum maintaining balance). The amount may differ depending on each case, approximately AED 300,000-500,000.

InBusiness will review and advise if any other documents are required for the bank account opening.

3

InBusiness Scope of Services

  • Preview of the case, informal discussion with the banker to understand the chances of the bank account opening success;
  • Preview of documents before official submission to the bank;
  • Collection of all required documents from the client;
  • Review of the received documents and submission to the bank;
  • Completion of the required bank forms;
  • Accompanying the client to the bank for an in-person meeting or arranging an online bank meeting, whichever is applicable;
  • Coordination of the entire bank account opening process with the client and the bank;
  • Follow-ups with the bank and provision of additional documents and details as requested by the bank;
  • Status updates to the client until the bank account is opened;
  • Assigning only trusted banker contacts we've worked with for years (if applicable).
4

Service Fee

We review the client's case, discuss with our bank contacts the chances of the account being opened, and then inform the client. The final InBusiness fees can be provided upon reviewing each case.

InBusiness Professional Service FeeAEDUSD
Bank Account Opening Assistance Fee11,017.503,000.00
5

Timeline

Estimated

~1 week

The account opening timeline depends on the complexity of the ownership structure and the completeness of the documentation provided. Generally, the process takes approximately one week once all required documents have been received.

Usually not required presence in UAE to apply/open the corporate account.
InBusinessConfidential