Business banking fit
How this bank fits a business
What ABK publishes for businesses in the UAE
ABK's UAE corporate banking page offers tailored solutions through relationship managers: working capital, trade finance, project finance and cash management. It lists no business account package, monthly fee, minimum balance or fall-below charge. The AED 3,000 minimum balance on ABK's UAE site is for personal accounts.
The only business tariff linked from its UAE fees page is a Business Banking Schedule of Charges with effect from 18 July 2018, with fees including VAT:
- Payments within the UAE through UAEFTS: AED 52.50; SWIFT transfers abroad: AED 105.
- Incoming payments: AED 1.05 from within the UAE, AED 63 from abroad.
- Manager's cheque AED 78.75; standing order set-up AED 52.50.
- Payroll through WPS: AED 525 to set up and AED 1,050 a year, plus charges per salary run by number of employees.
Because that schedule is from 2018 and has no account fees, ask ABK for its current corporate tariff in writing before you apply; a Central Bank regulation for SME customers entitles you to a written schedule of fees on request.
Who can open an account
ABK publishes no eligibility rules for mainland, free zone or offshore companies, freelancers or non-resident owners, and no document checklist for UAE businesses; its terms say some products may be offered to sole proprietors at the bank's discretion. ABK DIFC is a separate branch regulated by the DFSA that serves professional clients only.
About the bank and how to contact it
ABK UAE is made up of the Dubai and Abu Dhabi branches of Al Ahli Bank of Kuwait K.S.C.P., a Kuwaiti public shareholding company incorporated in 1967; the branches are licensed by the Central Bank of the UAE and are not a separate legal entity. Dubai branch: opposite Hamarain Centre, Abu Baker Siddiqui Road, Deira, +971 4 607 5555. Abu Dhabi branch: EIBFS Building, Al Muroor Street, +971 2 401 5109. Email UAE_Inquiries@abkuwait.com.
Since 13 September 2026 a Central Bank of the UAE regulation for SME customers requires banks to complete account opening within three business days for applicants assessed as low risk, counted from the full set of documents, and caps other delays at two weeks; banks may not charge a closing fee once an account has been open for six months.
Sources, checked 3 October 2026: ABK UAE corporate banking; ABK UAE business banking schedule of charges; ABK UAE fees and commission; ABK UAE branches; CBUAE SME customer protection regulation (C 2/2026).