ADCB SmartStart Business Account

What is a Business Account?

A business account is a special type of bank account designed especially for your business needs. It boosts your business by allowing you freedom of making transactions. This type of account can be opened by companies only.

ADCB SmartStart Business Account

To enhance your business transaction experience, Abu Dhabi Commercial Bank brings SmartStart Business Account which multiplies the benefits and allows you to keep an eye on each transaction. This account allows you to organize your daily financial needs with ease.

Features and Benefits of ADCB SmartStart Business Account

Free cheque book

The first cheque book on your ADCB SmartStart Business account is complimentary. Every calendar year, the bank provides you with a free cheque book to facilitate large transactions.

Business Debit Card

With an ADCB SmartStart Business account, you receive a free business debit card. This type of card is offered to meet your daily needs. In case you are not able to visit the bank branch personally, you can visit the nearest ATM branch and borrow money. Besides, you can avail the overdraft facility through your debit card that lets you borrow credit on your bank account without paying high interest rates.

Regular E-statement

When you open an ADCB SmartStart Business account, you get the freedom to request your e-statement as frequently as you need for no cost. Unlike other bank accounts, this bank account even allows you to request multiple statements in a month. This facility enables you to keep an eye on every transaction ensuring that you stay at the top of your expenses.

No Minimum Balance Requirement 

The ADCB SmartStart Business account does not demand you to maintain any minimum balance. The bank permits you to maintain even a zero balance. This reduces your cost expenditure since you will not be liable to pay any penalties or additional amounts for not maintaining a minimum balance.

Timeless Banking

ADCB SmartStart Business account gives you absolute control over your finances without depending on your bank. Using ADCB Corporate Internet Banking you can avail of banking services on your ADCB SmartStart Business account irrespective of the banking working days or hours. You can make transactions, request e-statements, or use other facilities without seeking help from the bank.

Fee and Charges on ADCB SmartStart Business Account

Monthly Service Fee AED 105
Issued cheque returned AED 300
Special Clearing Inward/Outward (per cheque) AED 100
Additional Cheque Book AED 210
Teller transaction AED 26.25
The penalty fee for insufficient funds to effect payments to other banks AED 52.50
Duplicate Statement AED 26.25 Per month
Not providing a valid trade license within 60 days after the expiry date AED 250

Please note that the fee and charges are subjected to 5% VAT as per the norms in the UAE which is already included in the aforementioned charges.

Currency Accepted

You are allowed to make deposits via cash and cheque in ADCB SmartStart Business Account using AED currency. The account does not permit inward or outward payments using foreign currency.

Eligibility Criteria for ADCB SmartStart Business Account

Only UAE Nationals and residents with a valid visa who possess a valid trade license and power of attorney (if applicable) are allowed to open ADCB SmartStart Business Account.

Documents required for opening an ADCB SmartStart Business Account

The following documents are required to open this business account:

  • Trade License
  • Commercial Registration
  • Chamber of Commerce Membership Certificate
  • Memorandum of Associate
  • Any subsequent amendments
  • Power of Attorney (if any)
  • Original Valid Passport
  • Passport copies of all partners
  • Emirates ID for the signer
  • Resident Proof

Please note that this list is not exhaustive and the bank may demand more or other documents at the time of applying. Please carry both duplicates and original documents.

How to Apply for ADCB SmartStart Business Account

To open the SmartStart Business Account you can:

  • Visit the nearest ADCB branch
  • Fill the application form
  • Submit required documents
  • Please carry your original documents

You can also choose the online option to open your account. To open an account online:

  • Visit the ADCB webpage
  • Fill the online application form
  • Attach a scanned copy of required documents
  • Keep your originals handy
  • Upload a scanned copy of your signature

You can open SmartStart Business Account via in a few simple steps

  • Visit
  • Fill the online application form
  • Attach a scanned copy of required documents
  • Keep your originals ready
  • Upload a scanned copy of your signature

The bank will verify your documents and open your account in the next few working days.

FAQs on ADCB SmartStart Business Account

Q1: Are there any charges for inward or outward transfers using AED currency?

Ans: No. ADCB SmartStart Business Account is a business account designed for giving you the freedom of making as many transactions as you need. Therefore, no additional charges will be levied for any transaction.

Q2: Is this account approved by Shari’a and the supervisory board?

Ans: Yes, the account has been approved by Shari’a and the supervisory board.

Q3: Is there any other way I can open my ADCB SmartStart Business Account?

Ans: Yes, you can choose to open your bank account by calling the bank at 600 57 6363. This number is active 24 hours a day. You can also apply for this account by sending an SMS ‘SA’ at 2626.

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