Special features for a special you!

Open your platinum current account now!

  • Key features
  • Eligibility
  • Charges
  • Open your account in AED and 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.

  • Interest paid on balances kept in excess of minimum threshold by creating Flexi Fixed Deposits (FFD) as per below:

    Period ROI
    0 to 29 daysNIL
    30 days to 59 days0.10%
    60 days to 89 days0.10%
    90 days0.20%
    • 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 and 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 photographs of the director/s/person

  • Copy of tenancy contract

  • Bank account statement of existing A/c - if corporate maintains account with other banks

  • Original documents to be produced for verification

  • All A/cs are opened based on KYC guidelines as prescribed by the Central Bank of the UAE

  • In case of overseas companies incorporated abroad the following documents are to be notarised in country of incorporation and legalised by the UAE Govt./Consulate (*required as per constitution of firm)

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

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Select Deposits Type
  • BOB Gold Current Accounts
  • Current Account (Non-Individual)
  • Platinum Current Account
  • Premium Current Accounts
  • Others

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