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Accounts for Limited Liability Companies
(LLC)/ Establishment, Free Zone Companies / Establishments, Offshore companies, Professional, Partnership and Personal |
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Minimum Balance AED 5000, For BVI companies AED 25,000/- or its equivalent. |
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A/c can be opened in AED, USD, GBP
and EUR. For A/cs other than BVI companies, minimum balance in the A/cs for all currencies put together should not fall below AED 10000/- or its equivalent. |
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Cheque Book Facility available |
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Mailing of statement of
accounts whenever transactions take place and monthly consolidated statement through email - free of charge |
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All A/cs are opened based on KYC
guidelines as prescribed by the Central Bank of UAE |
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In
case of overseas companies incorporated abroad
following documents are to be notarized in
country of incorporation & legalized by UAE
Govt./Consulate
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Memorandum & Articles of Association |
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Board resolution regarding conduct of the
account along with signature(s) of the
authorized signatories |
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Incorporation/Registration Certificate |
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No
Cheque Book facility will be provided. Only Bank
to Bank transfers will be offered |
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Mandate facility - free |
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Free online internet banking facility
(View based only) |
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All relevant documents to be produced in original for verification |
