How to open a bank account in Ajman Bank

• the bank is headquartered in Ajman, with branches all over the UAE;
• the first Islamic bank registered in Ajman has received strong support from the emirate’s government, which owns 25% of the bank’s shares;
• the bank opens savings (deposit) and current accounts;
• the bank opens accounts only for local companies: DAFZA, JAFZA, DMCC and Dubai Mainland (other FZ of Dubai and other emirates are also considered), personal accounts for residents;
• the bank does not open accounts for non-Emirati companies;
• the bank opens accounts for new companies;
• it is possible to open an account in USD, AED (for EUR it is necessary to specify additionally);
• the bank can open a personal account for non-residents with a  large deposit – from USD 500 000;
• accept clients with deposits only – from AED 500 000 (~ USD 136 000) to AED 1 000 000 (~ USD 270 000);
• for account opening visit of the beneficiary in UAE is required;
• issue bank cards;
• pre-approval before starting the process of opening an account – a positive answer allows you to say that the account is likely to be opened;
• transfer fee is 80 AED (~ USD 22)*;
• Internet Banking in English

* These fees are indicative and may vary depending on the banking package chosen by the client