A great business plan needs functional flexibility
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- Current accounts to suit to the requirement of the business, trading, companies, institutions and other corporate bodies.
- Accounts for Limited Liability Companies (LLC) / Establishment, Free Zone Companies / Establishments, Professional, Partnership and Personal
- A/c can be opened in AED, USD, GBP and EUR.
- Minimum Balance AED 10,000(MAB); for other currencies 1000 (MAB)
- There is no restriction on no. of transactions.
- Cheque Book Facility available
- Monthly consolidated statement through email - free of charge
- Internet banking facility available.
- Copy of Trade License, Chamber of Commerce & Economic Dept Registration.
- Copy of MOA and AOA. (In case documents in Arabic, then English translation of all documents).
- Self attested copy of Passport, Visa and Emirates ID/Pan card of all partners.
- Copy of Tenancy Contract with Ejari.
- One recent color Passport size photograph of the authorized signatory.
- Board resolution for opening of account with BOB as per format given in the account opening form.
- Bank’s account statement for last 6 months for existing company.
- Resident Tenancy contract copy.
- In case of subsidiary/Branch office of the foreign company, duly legalized and consularized Board Resolution of the parent company for setting up Subsidiary/Branch office at UAE.
- MOA and AOA of the parent Company.
- Share holding pattern/Share certificate of the parent company.
- NOC from Sponsor, In case sponsor name different on VISA.
- original of all the documents for verification.
- Submit AECB report for account opening.
- 1 year vat returns/2 years audited balance sheet
- Company Seal/Stamp.
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