Overview
Commercial Bank of Dubai, at a glance.
Commercial Bank of Dubai is a bank headquartered in the United Arab Emirates, regulated by Central Bank of the UAE. Business accounts cost AED 525 a month. Opening an account takes 3–5 days.
Commercial Bank of Dubai P.J.S.C. is a licensed bank in the UAE, regulated by the Central Bank of the UAE.
Why businesses pick Commercial Bank of Dubai
- Accounts in six currencies: AED, USD, GBP, EUR, JPY and CNY
- Free incoming international transfers on Premium
- Two free digital local or international transfers a month, then AED 31.50
- A business debit card with free issue and renewal
- Accepts sole proprietorships, partnerships, LLCs, free-zone companies and branches of foreign companies
Watch out for
- Premium needs an average balance of AED 350,000; below it costs AED 525 a month
- Transfers made at a branch cost AED 262.50
- Card spending abroad costs 2.1% plus scheme charges
- Incoming local transfers cost AED 1.05
- Trustpilot score of 1.8 from 304 reviews
Business fit
Will Commercial Bank of Dubai accept your business?
Four quick answers. Where your company is registered and what it does rule a provider in or out faster than anything else.
Based on Commercial Bank of Dubai's published rules
Likely no
Commercial Bank of Dubai does not list United Kingdom among the countries where it accepts companies.
Commercial Bank of Dubai does not publish a minimum company age or turnover, so those two answers are not checked here.
This is one provider. Your profile checks all of them.
- Every provider that fits your business
- The reason behind each match
- Company age and turnover checked too
Who it works with
Accepted and not accepted.
What Commercial Bank of Dubai publishes about the businesses it takes on.
Who Commercial Bank of Dubai serves
- Startups and SMEs
- Import and export
- Professional services
- Holding companies
Not supported
Industries and countries Commercial Bank of Dubai does not accept, from its own published lists.
Industries
- Not published
Countries
- Not published
Coverage
Where can you use Commercial Bank of Dubai?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
AED, USD, GBP, EUR, JPY and CNY
- EUR
- USD
- GBP
- JPY
- AED
- CNY
Payment reach
Not published
Who can apply
Company incorporation countries1 countries · show list
- United Arab Emirates
Owner nationality
Not publishedOwner residency
Not publishedCompany types
Sole proprietorships, Partnerships, LLCs, Free-zone companies, Joint stock companies, Branches of foreign companies
Pricing
What does Commercial Bank of Dubai cost?
Look beyond the monthly fee. Your total cost depends on how many transfers you make, where they go and how much you convert.
Account cost
Opening fee
Not published
Monthly fee
Free
Premium Business Account
AED 0 per month
Setup fee not published
Transaction fees
| Cost | Listed amount | How it is charged |
|---|---|---|
| Incoming | ||
| SWIFT / international | Free | No charge |
| Outgoing | ||
| SWIFT / international | AED 31.5 | Fixed fee · Digital; two free a month; AED 262.50 at a branch |
Other fees
Currency exchange (FX)
| Cost | Listed amount | How it is charged |
|---|---|---|
| FX markup | Not published |
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| Physical card issue | Free | No charge |
| Card FX | 2.1% | Percentage of the amount · Plus scheme charges |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Apply
Start the application online or through the sales team.
- 2
Company and people
Give the company's registration details, directors and owners.
- 3
Checks
Upload the documents requested and complete identity verification.
- 4
Account live
Once approved, the account is opened and you receive its details.
Documents you need
Not published
FAQ
Your questions, answered.
Is Commercial Bank of Dubai a bank?
Yes. Commercial Bank of Dubai P.J.S.C. is a licensed bank in the UAE, regulated by the Central Bank of the UAE, licence 01.01.01.010.1969.02.
How much does the CBD Premium Business Account cost?
No maintenance fee while the average balance is AED 350,000 or more; below it, AED 525 a month. Two digital transfers a month are free, then AED 31.50 each.
Which currencies does CBD offer?
Accounts in AED, US dollars, pounds, euro, yen and renminbi.
Who can open an account?
UAE-licensed businesses: sole proprietorships, partnerships, LLCs, free-zone companies, joint stock companies and branches of foreign companies, subject to CBD's review.
Alternatives
How Commercial Bank of Dubai compares.
If Commercial Bank of Dubai is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 Commercial Bank of DubaiThis pageBank |  | Business accountMulti-currency |
 Emirates NBDBank |     +4 | Business packagesVisa debit card |
 RAKBANKBank | | SME banking4 currencies |
 Mashreq NeoBizBank |   | Digital bankNo initial deposit |
 Zand BankBank | | Digital bank5 currencies |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.