Start your business with banking built-in
Get your bank account set up in minutes with your license at Innovation City.
Your Company
Automated Banking Connection
Company Bank Account
This is a demonstration only. Business bank account applications are subject to the banking partner's eligibility criteria, KYC, compliance checks, and final approval.
See how simple banking can be
Through our banking partnership, your business banking journey can begin alongside your Innovation City company setup.
- 01Completed
Start Your Company SetupBegin your business license application with Innovation City.
- 02Completed
Complete Your Setup DetailsProvide the required company, shareholder and contact information as part of your company setup.
- 03Completed
Add a Company Bank AccountSelect this option and the relevant information can securely move forward to our UAE banking partner.
You agree to our Terms of Service and Privacy Policy.
Your information will securely move forward to our UAE banking partner.
- 04Completed
Receive Your Business LicenseComplete your company setup and receive your Innovation City business license.
- 05CompletedContinue to Bank Review
Your company bank account request moves to our UAE banking partner for eligibility, KYC and compliance checks.
One setup. One set of information. One journey to your company bank account application.
Company bank account applications are subject to the banking partner’s eligibility criteria, KYC and compliance requirements, applicable terms and conditions, and final approval.
Banking in minutes, with no Emirates ID required.
Start nowBanking options for different business needs
Innovation City can connect your company setup journey with a range of banking partners, depending on your business needs and eligibility.
Amina Bank
Swiss-regulated banking combining fiat accounts, digital assets, custody, and tokenization capabilities — built for the new global economy.
Key capabilities
- ✓ Digital Banking
- ✓ Digital Assets
- ✓ Custody
- ✓ Tokenization
Amina Bank
Swiss-regulated banking combining fiat accounts, digital assets, custody, and tokenization capabilities — built for the new global economy.
- ✓ Digital Banking
- ✓ Digital Assets
- ✓ Custody
- ✓ Tokenization
Hubpay
Digital UAE business accounts with global transfers, payroll, virtual IBANs, and payment tools - designed for the modern distributed team.
- ✓ Business Accounts
- ✓ Global Payments
- ✓ Payroll
- ✓ Virtual IBANs
RAKBANK
One of the UAE's most established commercial banks offering comprehensive business banking, trade finance, and card solutions across the region.
- ✓ Business Accounts
- ✓ Trade Finance
- ✓ Payments
- ✓ Cards
Ruya Bank
Shari'ah-compliant digital banking with a simple, clean experience designed for modern businesses seeking ethical, principled financial services.
- ✓ Shari'ah-Compliant
- ✓ Digital Banking
- ✓ Business Accounts
- ✓ Low Fees
Wio
Purpose-built digital business banking covering onboarding, payments, payroll, and invoicing in one unified, mobile-first platform.
- ✓ Digital Banking
- ✓ Payroll
- ✓ Invoicing
- ✓ Instant Payments
Our team can help you understand the available options and guide you toward the right fit.
Why is it this simple?
Your company setup and bank account application work as one connected journey, allowing relevant information to move securely to our UAE banking partner.
- 01
Start your company
Complete your Innovation City company setup.
- 02
Select bank account
Choose banking as part of your setup journey.
- 03
Information moves forward
Relevant company information is securely carried forward.
- 04
Bank Verification
Complete the bank’s final checks and requirements.
Connected from the start
Connected From the Start
Your company bank account request can begin as part of your Innovation City setup instead of becoming another journey after your license is issued.
Provide Information Once
Relevant company and shareholder information can securely move forward to support your bank account application — without starting again from scratch.
Direct Bank Connection
The handoff from company setup to bank account onboarding is digitally connected, reducing repeated information, separate forms and unnecessary steps.
The usual way vs. the Innovation City way
Traditional Journey
- Company setup
- Receive business license
- Research banking options
- Contact a bank separately
- Explain your business again
- Provide company information again
- Submit banking requirements
- Follow up separately
- Bank review
Innovation City Journey
Connected- Company setup
- ✓ Select company bank account during setup
- ✓ Relevant information moves forward
- ✓ Connected to our UAE banking partner
- Bank review & verification
- Account & IBAN upon approval
Frequently asked questions
Everything you need to know about connecting your company setup with business banking.
Timelines vary by provider and depend on eligibility, documentation, KYC, and compliance checks. Innovation City helps simplify the handoff, but final timing is controlled by the banking provider.
Let’s start the conversation
Have questions about company setup, banking, workspace, or other Innovation City services? Get in touch with our team or visit us.