Closing bank accounts
Do you no longer need a personal or corporate bank account in the UAE? Then don't forget to close it! Even if you withdraw all funds from it and it has a zero balance, you will still be charged a service fee. This will lead to problems when leaving or visiting the Emirates.
Closing bank accounts
Closing a bank account in the UAE: what you need to know?
- The bank account can be closed by the client at any time convenient for the client
- The client is guaranteed the right to withdraw his accumulated funds
- The client may withdraw funds from the account or transfer them to another banking institution.
- After closing the account, it is recommended to receive a written confirmation from the bank.
- The whole process of account closing takes an average of five days
How do I close a bank account in the UAE?
The procedure for closing a bank account in UAE consists of the following steps:
Withdrawal of funds from personal or corporate accounts
Repayment of debts for bank account maintenance and existing loans
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Applying for account closure
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Obtaining documentary evidence of bank account closure
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Benefits of working with StableGrowz
We promptly process our customers' requests and offer them:
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Free consultations on the most topical issues
Cooperation with representatives of major UAE banks
The most effective solutions, even in non-standard situations
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Prices 30% lower than market prices without loss of quality of service delivery
Quick and legal completion of all procedures
Building a roadmap with a detailed description of all processes
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Maximum transparency and clarity in service delivery
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