With a great business plan comes great responsibility

Try the Current Account (Offshore) today!

  • Key Features
  • Documents Required
  • Charges

Current Account (Offshore) : Key Features

  • Currency: A/c can be opened in AED, USD, GBP and EUR
  • Minimum balance – Monthly AED 50,000 or its equivalent in other currencies
  • Cheque Book/ATM facility not available
  • Certificates in a year will be issued twice without any charges
  • Only Bank to Bank transfers will be offered for other currency accounts.
  • Cash deposit/withdrawal not allowed
  • No restriction in no. of transactions
  • Baroda Connect with Transaction right facility available

Current Account (Offshore) : Documents Required

  • Account opening form duly filled and signed
  • Certificate of Incorporation
  • Memorandum& Articles of Association
  • Share Certificate/Share Register
  • Certificate of Incumbency
  • Certificate of Good Standing
  • Board resolution to open the account
  • Emirates ID and VISA copies verified from Original of the authorized signatories
  • Passport copies with visa page verified from Original of the authorized signatories
  • One Passport Size Photograph of each Authorized Signatory
  • Documents of the shareholders
  • KYC Details of Beneficial Owners
  • Company stamp
  • All documents issued overseas by overseas Authorities should be notarized and legalized in country of origin by the foreign affairs Ministry &consularized by the UAE Embassy. Then attested by the Ministry of Foreign Affairs in UAE

Current Account (Offshore) : Charges

  • 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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