Premium Current Account

"Premium Current Account can be opened by Business firm, companies, institutions and other corporate bodies etc but excluding banks and financial institutions."

  • Key Features
  • Eligibility
  • Charges
  • Apply Online

Key Features

  • Open your account in AED & USD currencies
  • Enjoy the benefits of interest with “Auto sweep facility available”
  • Sweep / Reverse sweep will be for AED 50,000/- / USD 13,600/- in excess / shortfall of AED 250,000/- / USD 68,000/-
  • Interest will be payable @1.00% after maturity of one month on amount sweeped in TD and 0% in case of premature payment.
  • System will automatically reverse sweep the TD, if outstanding balance in current account (apart from TD) falls below the minimum balance requirement
  • Sweep / Reverse sweep will take place at the time of day end activities
  • One cheque book of 50 leaves is free per half year (Apr-Sept & Oct-Mar).


  • Duly filled account opening form
  • Copy of registration with economic department*
  • Share certificates*
  • Original Trade License and a photocopy of the same*
  • Original Passport with photocopies of all relevant pages of the director/s/authorised signatories with residence Visa Copy
  • Chamber of Commerce Registration*
  • Free Zone Registration*
  • Labor Agreement*
  • Copy of the Memorandum and Article of Association along with all amendments
  • LLC Agreement
  • Certified copy of the board of directors resolution regarding conduct of the account along with signatures of the authorized signatories as per the format printed in the application form
  • Introduction of the Business Account holder
  • Two recent size photograph of the director/s/person
  • Copy Of Tenancy Contract
  • Bank account statement of existing A/c - if corporate maintains account with other Bank
  • Original documents to be produced for verification
  • All A/cs are opened based on KYC guidelines as prescribed by the Central Bank of UAE
  • In case of overseas companies incorporated abroad following documents are to be notarized in country of incorporation & legalized by UAE Govt./Consulate

(*require as per constitution of firm)

Click here to view the check list as per constitution of firm.


As applicable from time to time, please refer Service charges guidelines separately or click Service charges to see more details.

Apply Online

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