Receive Sterling payments directly into your UAE business account.
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Abu Dhabi Global Market
Your British IBAN
GB123456789012345
What is a GBP IBAN?
A GBP IBAN is a unique bank account identifier that allows your UAE-registered business to seamlessly receive and send payments in British GBP.
Why should UAE businesses have GBP IBAN?
A GBP IBAN acts as a local account in United Kingdom enabling you to conduct transactions with clients, suppliers and partners in United Kingdom using local and international payment rails. This significantly reduces intermediary fees, minimizes delays, and simplifies reconciliation.
How can GBP IBAN help UAE Businesses?
Using your own British IBAN with Hubpay helps expand your reach and optimize financial operations in United Kingdom and related markets.
It just takes 3 easy steps to get a GBP IBAN
Simple steps to set up your account within 1 business day
Get virtual IBANs in many more global currencies
With Hubpay Business Account, you get access to global currency IBANs with just one single account. No hidden fees.
Any questions? We’ve got answers
How do I open a GBP business account in the UAE?
You can open a GBP virtual IBAN through a regulated fintech platform like Hubpay. This provides you with unique UK account details in your company's name, allowing you to send and receive British Pounds (GBP) as if you had a local UK bank account, all while managing it from the UAE.
What is the best way to receive GBP payments from UK clients in the UAE?
Open a named GBP virtual IBAN through Hubpay. This gives your UAE business unique UK account details — sort code and account number — so UK clients can pay you via Faster Payments or BACS exactly as they would pay a local UK supplier. Funds arrive in your Hubpay GBP wallet and can be held or converted at transparent rates.
Can I use a GBP virtual IBAN to pay UK-based suppliers or freelancers?
Absolutely. Your Hubpay business account allows you to hold GBP in your wallet and make fast, low-cost outbound payments to your UK suppliers, contractors, or remote employees. This helps you avoid poor exchange rates and high transfer fees charged by traditional providers.
Can Hubpay convert my GBP receipts to AED or other currencies?
Yes — convert incoming GBP to AED (or 150+ currencies) at the best possible FX rates directly in Hubpay, helping you reduce costs and improve margins.
How quickly can I get a GBP IBAN with Hubpay?
Most businesses receive access to a GBP wallet and IBAN within 1 business day after completing onboarding on a Hubpay Scale or Treasury plan.
Have more questions?
From anything to everything, get in touch with our support team