UAE bank question advise

[aboveandbeyond]

Hi All, I'm going through the pain staking process of applying to UAE business accounts‌ for a "management and project development consultancy". I need to reply to the following question‍ for one of the banks

"DEAR CUSTOMER ,1)Please confirm will your COMPANY will receive commission⁠ only or third party investment is also expected..."

I can't make up my mind on⁤ which is the better/ more appropriate answer. I understand that investments are seen as a⁣ plus by the banks, but then again I imagine 3rd party investments can be considered⁢ a bit of a compliance red flag/headache.

Any advise would be appreciated.

 

[VESTANON]

@aboveandbeyond

reachout to @Fred , @CaptK ,@Sols @Martin Everson for guidance and steps...
you could write directly on each members wall...

would sure receive an outright feedback from the‌ above!!

 

[JohnnyDoe]

Third party investments require more DD from banks, so it’s better if you︀ can to stick with commissions only.
Good luck with UAE banks, you need a ton︁ of patience to deal with them.

 

[CaptK]

"Investment" requires a licence at about AED 200K/ USD 50K, so stick with︀ commission.

 

[Martin Everson]

My feeling is if you tell the‍ bank one thing and then later do another thing it may not go well. Only⁠ you will know what kind of money you are receiving to answer that question appropriately.⁤

Maybe @Fred can answer it best for Dubai banks.