The UAE financial institutes have been acknowledged globally and have obtained a perfect reputation in respect to the services they offer.
This is very important to understand the procedure of bank account opening for a corporate use, as it varies from bank to bank.
All the standard banking services are offered by UAE banks, including: cheque clearance, standing orders, direct debits and credit card repayments.
A certain number of transactions per year are usually free, after which there might be a charge levied, usually at the discretion of the bank manager. Charges vary between banks.