Being professional intermediaries, we are limited in giving public opinion about some financial institutions. Please contact us directly to obtain more detailed feedback.
Beginning of cooperation
Key information and main requirements:
- the bank is headquartered in Ajman, with branches all over the UAE;
- the bank opens savings (deposit) and business accounts;
- the bank only opens accounts to local companies: LLC, Free Zone Company, UAE offshore companies; personal accounts for residents and non-residents;
- the account opening timeframe - case by case (please ask your consultant);
- the minimum balance of account is AED 25 000* (~USD 6 806) for companies and AED 3 000* (~USD 817) for personal accounts;
- the beneficial owner must visit the UAE for account opening;
- USD payments are possible;
- the bank issues bank cards;
- pre-approval procedure: a positive answer means that the account is most likely to be opened;
- the fee for transfer is AED 80 * (~USD 21);
- the account maintenance fee is charged if the account drops below the minimum balance and is AED 25 (~USD 7) per month;
- online banking in English
* These fees are indicative and may vary depending on the banking package chosen by the client
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