E-Trader Account for Startup Companies | Business Banking

E‑Trader Account

The right balance of affordability, flexibility & digital convenience for your DED-Licensed Online business

Empowering UAE & GCC National Startups

Emirates Islamic has recognised the growing trend of startup companies founded by UAE and GCC national entrepreneurs. The E‑Trader package is a tailor‑made solution for these businesses, designed to support their growth and help take their business proposition to the next level.

Key Benefits

Lower Costs from Day One

No minimum balance fee for the first 12 months and no relationship fee — helping you keep costs under control.

Savings on Digital Transactions

Benefit from 50% off electronic banking transactions, making everyday online payments and transfers more affordable as your business scales.

Eligibility

The E‑Trader Account is tailored for home based online businesses licensed by DET. To qualify:

personLicence Requirement:

Only UAE & GCC national-owned businesses with a Dubai Economic Department (DED) E‑Trader Licence are eligible.

moneyMinimum Balance:

Maintain a AED 3,000 minimum balance to enjoy all account benefits.

scheduleFall‑Below Fee:

If the balance falls below AED 3,000 after the first 12 months, a nominal AED 300 monthly fee applies.

Personal Finance Application Requirements

Documents Required

What you need to open an E‑Trader Account

Visit us with the following documents to start your Emirates Islamic E‑Trader Account.

inbox_text_person

Completed Emirates Islamic Account Opening Form

passport

Passport and Emirates ID copies of the business owner

id_card

Dubai Economic Department (DED) E‑Trader Licence

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Any additional documents as requested by the Bank

Note: All original documents must be presented for verification . Account opening is subject to Emirates Islamic’s internal due diligence and compliance checks.

Account Maintenance Queries(FAQs)

To update your registered mobile or email, you can access Instant Banking Services through businessONLINE and update in a few clicks. (Click here) for user guide or you can visit any of our branches / or dedicated business banking centers. Please bring the following documents.

Valid trade license
Company stamp
Latest MOA (Memorandum of association) if company is LLC
Valid identity documents (passport, visa and emirates id) for all partners

In order to update your KYC documents, you can visit our website - www.emiratesislamic.ae Or through Instant Banking Services. (Click here) for the user guide

You can request for a cheque book via Instant Banking Services on businessONLINE(Click here). Alternatively, you may visit any of our branches or dedicated business banking centers. Please note, the cheque book will be delivered to the key man mentioned in the request. However, in case you wish to amend the keyman details you have to visit any of our branches / or dedicated business banking centers to request for updation of keyman details.

To change your existing account package, you may visit any of our branches or dedicated business banking centers. Please bring the following documents:-

Valid trade license
Company stamp
Latest MOA (Memorandum of association) if company is LLC
Valid identity documents (passport, visa and emirates id) for all partners

To update your signatures, you may visit the branch with the request letter duly stamped and signed by the authorized signatory along with the following documents:-

Latest MOA (Memorandum of association) if company is LLC
Valid Trade License
Valid identity documents (passport, visa and emirates id)

Business Online

Stay connected with Emirates Islamic through businessONLINE or businessONLINE mobile app - simple, secure, and Shariah-complaint

Ways to Reach Us

Get the support you need with your existing or new accounts.

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Key Product Information

Important information for products and services.

Update your Information

Update your financial records and documents quickly.

Instant Banking Services

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E‑Trader Account

Empowering UAE & GCC National Startups

Key Benefits

Lower Costs from Day One

Savings on Digital Transactions

How E‑Trader Account Elevates Your Online Business

No Relationship Fee

Focus on your business, not fees

Zero Account Relationship Fee

Simple, cost‑friendly banking

Half-Price Digital Transactions

Save on online banking

Full Access to Business Solutions

Everything your e‑business needs

Simple Eligibility & Low Ongoing Requirement

Keeps banking simple

Eligibility

personLicence Requirement:

moneyMinimum Balance:

scheduleFall‑Below Fee:

Documents Required

What you need to open an E‑Trader Account

How to Apply

Terms & Conditions apply

Important Links & Documents

Fees & Charges

Key Fact Statement

Other Account Packages

Account Maintenance Queries(FAQs)

How can we update our registered mobile number or email?

How can we update the Trade License, Passport and other KYC documents?

How can I request for a cheque book?

How I change my existing account package?

How can we update / modify / delete our signatures?

How can we update the company name / title?

How can we request for an audit confirmation letter?

How can we amend our existing businessONLINE- profile?

Business Online

Ways to Reach Us

Key Product Information

Update your Information

Instant Banking Services

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