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A Swiss-regulated route through ADGM

AMINA Bank (formerly SEBA Bank) is a Swiss bank authorised and regulated by FINMA, with an Abu Dhabi office operating under an ADGM Financial Services Permission effective 7 February 2022. Its offering spans crypto banking, custody, trading, staking and tokenisation.

What AMINA Bank (Abu Dhabi / ADGM) typically asks for

Prepare the application file

01Corporate documents6 items
  • ✓ Trade licence (issued and active)
  • ✓ Memorandum & Articles of Association (MOA / AOA)
  • ✓ Certificate of Incorporation & share certificates
  • ✓ Registered office lease (Ejari / free-zone lease)
  • ✓ Board resolution to open the account
  • ✓ Establishment card / immigration card
02Shareholder & signatory KYC6 items
  • ✓ Passport + UAE visa page for every UBO ≥ 25%
  • ✓ Emirates ID (both sides) for resident signatories
  • ✓ Proof of address (utility, tenancy or bank statement, ≤ 3 months)
  • ✓ CV / bio for each UBO and signatory
  • ✓ Source-of-wealth & source-of-funds statement
  • ✓ Ownership & control chart if a corporate shareholder exists
03Business file5 items
  • ✓ One-page business brief: activity, geographies, counterparties
  • ✓ 12-month cash-flow forecast (incoming / outgoing volumes)
  • ✓ Sample invoices, contracts or LOIs (if trading)
  • ✓ 6-month bank statements for the parent or personal accounts
  • ✓ Website or short deck (helps for services / tech)
A mixed team around a table in a corporate office

What AMINA Bank (Abu Dhabi / ADGM) is good for

  1. Access & relationship

    ADGM permission in place

    Holds an ADGM Financial Services Permission effective 7 February 2022.

    Startup package

    A dedicated banking package for startups and scale-ups.

  2. Custody & digital assets

    Regulated crypto banking

    A FINMA-authorised bank offering crypto accounts alongside traditional banking.

    Institutional custody

    Digital asset custody with flexible access levels.

    Multi-asset trading

    Equities, fixed income, ETFs and cryptocurrencies on one platform.

    Yield and deposits

    Fixed-term and 35-day notice deposit accounts for cash surplus.

Account thresholds and practical considerations

Minimum balance

Crypto bank account / everyday banking
Not publishedNo minimum balance published.
Custody (secure storage of digital assets, flexible access levels)
Not published
Deposits — fixed-term and 35-day notice accounts
Not published
  • Currencies

    Not published

    The site references available fiat currencies and crypto assets but does not list them on the pages fetched.

  • Debit & corporate cards

    Issued after account is funded.

    Corporate card limits scale with balance and turnover.

  • Trade finance

    Not published

    No trade finance services stated.

Who usually opens here

Stronger fit
  • Sample fileInstitutional digital asset firm
  • ShareholdersInstitutional or fund shareholders with disclosed UBOs
  • OfficeADGM or international licensed entity
  • Trade laneCross-border digital asset trading and custody flows
  • Expected turnoverInstitutional volumes
  • Evidence readyRegulatory status, AML policies, asset provenance, audited financials
May need more context
  • Product needsUAE mainland SMEs needing an AED operating account with cheques
  • Activity typeCash-based retail businesses
  • Product needsCompanies needing letters of credit and documentary trade finance
  • Licensed activityClients expecting UAE-licensed retail banking products
  • Activity typeUnregulated ventures without AML and governance frameworks

Choose the bank that matches your file

Why AMINA Bank (Abu Dhabi / ADGM) applications stall

Jurisdictional scope limits

AMINA states its products are licensed in Switzerland and not registered or approved outside it.

ADGM activity boundaries

The ADGM permission covers advising and arranging activities rather than all banking.

Institutional bar not met

The client focus is institutional and professional rather than mass retail.

AML framework gaps

Digital asset clients need documented AML/CFT and wallet controls.

Provenance of assets

Crypto holdings without traceable provenance extend diligence.

Local AED needs

Clients needing UAE domestic AED clearing and cheques are a poor fit.

Check banking fit before you apply

Your licence route, activity, and profile affect which banks are realistic. Tell us the setup and we’ll tell you whether this bank is a fit, what the pack needs, and what to fix before submission.

  • A dedicated specialist reviews your case.
  • Fixed scope in writing before any work begins.
  • Avg reply 3 minutes on WhatsApp, 24 × 7.

Request a consultation

What clients say

Frequently asked

Is AMINA Bank (Abu Dhabi / ADGM) suitable for every UAE business?
No bank is right for every application. AMINA Bank (Abu Dhabi / ADGM) may suit some companies, but practical fit depends on the business activity, ownership, source of funds, expected transaction profile, required currencies and services, documents, and the bank’s current onboarding appetite.
Can Sonsoto guarantee a AMINA Bank (Abu Dhabi / ADGM) business account?
No. AMINA Bank (Abu Dhabi / ADGM) makes its own final decision after its KYC, compliance, and risk review. We can help prepare a clear application, coordinate the supporting documents, and assess sensible banking options, but approval remains entirely bank-led.
What documents may AMINA Bank (Abu Dhabi / ADGM) request?
The requirements vary by company and applicant profile. They may include company documents, shareholder and director identification, ownership records, a clear business explanation, expected transaction details, source-of-funds evidence, and commercial support such as contracts, invoices, or a website where relevant.
Do all shareholders need to attend a bank application?
Not always. Attendance requirements depend on the bank’s onboarding policy, applicant profile, ownership structure, signatory arrangements, and account type. Some cases require in-person verification or original-document review. We confirm the practical requirement before submission.
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