Global Accounts
Open a United Arab Emirates Dirham business account from Canada
Open an AED account online from Canada with Airwallex. Your account will come with local AED bank and branch codes and a dedicated account number. Use your United Arab Emirates Dirham account to receive, manage, and send AED with no hidden fees.
Hassle-free currency accounts with local bank details
Skip the lines and excessive paperwork usually involved in setting up a multi-currency business account. Open multi-currency accounts online and collect payments from your global customers in their preferred currency. Spend your proceeds later in the same currency, eliminating unnecessary conversion fees.
Save on unnecessary bank charges
There are no account opening fees, monthly maintenance charges, or minimum transaction requirements.
Streamline your global cash management
Convert balances to different currencies in just a few clicks and review your global transactions in a single view.
Know your funds are safe and secure
Relax knowing that your money is secure and protected with end-to-end encryption and bank-level security.
Avoid costly conversion fees
Eliminate unnecessary conversion fees by receiving payments in the same currencies that your customers pay in.
Global Accounts
How to open an AED business account from Canada
Businesses can open an AED account from Canada easily with Airwallex. Simply sign up online and, once onboarded, you can open multiple domestic and foreign currency accounts in minutes. Your AED account will come with local bank account details, making it easy for you to receive payments in AED which you can either spend or convert at the interbank exchange rate. Avoid bank queues and endless paperwork, and open your AED account online with Airwallex today.
Your United Arab Emirates Dirham account
How will your AED business account work?
Get your AED account details
Open your United Arab Emirates dirham account online and receive a local UAE account number and branch code. Share these details with your clients and customers in the UAE and start receiving payments in United Arab Emirates dirham via local bank networks. You can also link your AED account to eCommerce platforms such as Amazon and Shopify.
Spend in United Arab Emirates dirham
Once you have funds in your Business Account, you can spend them using Airwallex Corporate Cards, or transfer them to your recipient’s bank account. Use your United Arab Emirates dirhams to pay suppliers and employees in United Arab Emirates and elsewhere efficiently, without being subject to needless currency exchange fees.
Convert currencies at market-beating rates
Airwallex gives you access to the interbank exchange rate (sometimes known as the mid-market rate). That means that if you need to convert currencies, you’ll enjoy market-leading foreign exchange rates no matter the transaction size. You can also hedge against currency exchange risk by only converting currencies when the exchange rate is favorable.
Global Accounts
Who is the Airwallex Global Business Account for?
The Airwallex global Business Account is ideal for companies that operate across borders. Including companies that invoice overseas clients, sell globally on platforms such as Amazon and Shopify, and work with international suppliers. Our platform allows businesses to centralize their financial operations in one place, even when managing multiple global entities. From expense management to bill payments, payment acceptance, and FX, Airwallex has you covered. We make global money management simple and cost-effective for businesses of all shapes and sizes - that’s why we’re trusted by over 150,000 businesses worldwide.
FX & Transfers
End-to-end global money management from Canada
When a payment gets sent to one of your Global Accounts, those funds are instantly visible to you in your Airwallex Account. Easily convert currencies at interbank rates and use Airwallex to make fast, cost-effective domestic and international transfers.
Frequently asked questions
How can a non-resident business from Canada open an AED account in the UAE?
Airwallex simplifies the process of opening foreign currency business accounts around the world. Sign up online and, once onboarded, your business can open multiple domestic and foreign currency accounts, including the United Arab Emirates dirham (AED) accounts, in minutes. This means you can skip the lengthy paperwork and long wait times usually associated with opening multiple foreign currency accounts.
What documents are required for Canada businesses to open a United Arab Emirates dirham account?
The key documents required to open an Airwallex account are similar across regions and will enable you to open an AED account. We typically ask for the certificate of incorporation or equivalent document, as well as information on the business, its activities and anticipated transaction volumes. We are also required to collect details and IDs for certain individuals - this includes any beneficial owners but can extend to directors and authorised signatories signing up for the account. Non-resident businesses may be asked to provide proof of address for their operations, which can be established through utility bills, contracts or other correspondence.
What other popular currencies can I open a business account from Canada?
See below for a range of other currency accounts you can open from Canada: