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The UAE Corporate Account, Reimagined.
Common Challenges with Banking in the UAE
Opening an account in the Emirates can be inefficient and time-consuming. Businesses often encounter unpredictable delays, extensive documentation, and restrictive policies that strain liquidity and slow operations. For a modern enterprise, this friction is unnecessary.
Slow Onboarding
Account opening can take weeks to months, even with all documentation in place.
High Minimum Balances
Many banks mandate large deposit thresholds (often AED 50,000 or more), penalising smaller or newer clients.
Physical Presence Needed
Traditional accounts often require a registered UAE office and an in-person presence.
Complicated KYC and Compliance
Foreign companies, non-resident directors, and multi-layered ownership structures face heightened scrutiny and extensive documentation.
VFX was engineered to remove this friction. We provide a bridge between the UAE's regulatory environment and the operational clarity that global businesses demand.
One Smart Platform. Full Control.
Operate your UAE business accounts and global finances with confidence, anytime, anywhere.
The VFX Platform provides 24/7 access via desktop, tablet, or mobile app, giving tech-savvy clients the tools to manage payments, multiple currencies, and FX risk independently.
Bring your financial operations together through a single, secure interface, so you can focus on business priorities, not admin.
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Local Business Accounts.
Get local UAE (AED), UK (GBP), EU (EUR), and Canadian (CAD) account details. Fund accounts locally and access domestic payment rails to send and receive funds like a local entity in key markets.
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Easy Payment Processing
We provide full access to a global payment network. This includes SWIFT for international transfers, SEPA, and SEPA Instant for Eurozone payments, and UK Faster Payments for GBP. In North America, we integrate with Fedwire and Lynx for high-value transfers in USD and CAD. In the UAE, we seamlessly integrate with local rails such as UAEFTS and Aani.
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One View of Your Finances
Hold, transact, and manage over 60 currencies across 190 countries. Eliminate the need for multiple banking relationships and gain real-time visibility over your global treasury. The VFX platform is designed for a single, consolidated view.
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Fast Onboarding.
Account opening is measured in days, not months. Our experts guide your team through every step, anticipating potential compliance nuances related to multi-layered ownership structures, non-resident directors, and holding companies. The process is transparent, efficient, and direct.
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Collect & Manage Funds with Virtual IBANs
UAE clients can issue Virtual IBANs in over 30 currencies, enabling businesses to receive and hold funds as if they had local accounts around the world. Each VIBAN is uniquely assigned, ensuring clear and simple management of incoming payments across multiple markets. Cash can be collected faster, converted efficiently, and used where your business needs it most.
Dedicated Relationship and Onboarding Support
In a landscape of cross-border trade, multiple jurisdictions, and market volatility, choosing the right financial partner is crucial. At VFX, you are not simply an account number; you are a valued client with a direct line to a dedicated team of experts.
Our senior-level support team:
Streamlines Onboarding: Guides your team through every aspect of KYC and compliance, ensuring a swift and predictable setup, even for complex or multi-jurisdictional entities.
Provides Expert Advisory: You will have direct access to a dedicated account manager and specialist FX brokers who understand your business requirements and operational goals.
Ensures Discretion: We operate with the utmost discretion and professionalism, providing a level of personalised service typically reserved for only the largest clients at traditional financial institutions. This is a partnership built on trust and strategic alignment.
Our dedicated team is available via phone, email, WhatsApp, or LiveChat, whichever you prefer.
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Manage Currency Risk
Effective FX risk management is central to protecting businesses, securing margins, and creating a competitive advantage. VFX helps clients turn currency and payments exposure into a calculated and manageable component of their global financial strategy.
Our team of specialists provide proactive guidance and access to a full suite of hedging tools, including:
Spot Contracts: For immediate currency needs.
Forward Contracts: To lock in an exchange rate for a future date, protecting your margins from volatility.
Limit Orders: To secure your preferred rate automatically when the market moves.
We provide clarity and control over your currency exposure, empowering you to make rational, data-driven decisions that safeguard your bottom line.
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Operating with Full Authorisation
VFX is fully authorised and regulated in the UAE by the DFSA, as well as in the United Kingdom and Canada. This regulatory framework ensures clients are safeguarded to the highest standards, giving businesses operating in the Emirates confidence that every solution is secure, compliant, and built to support cross-border operations.
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