How to open a bank account in MTS Bank

Fee for foreign economic transactions is 0.3% (300 - 1,300 AED, ~ 82-354 USD)

The bank does not charge a fee for Incoming transfer

Плата за обслуживание счета взимается в случае снижения минимального остатка и составляет 550 AED (~150 USD) в месяц.
Плата за открытие счета составляет 7 500 AED (~2 050 USD)

Internet Banking

MTS Bank provides services to individuals and companies in Russia and the UAE.
Services for private clients: loans, remote services, insurance, deposits and savings, transfers and payments, mortgages, bank cards, investment services, Private Banking.
Services for corporate clients: financing, foreign economic activity participants, payroll projects, investments, factoring, remote services, settlement and cash services, acquiring, collateral

Bank cards can be issued

A visit of the company director to the UAE is required to open an account

For a legal entity: License; Memorandum and Articles of Association; Director's resolution on opening an account and appointing an account manager; Completed Company Profile, completed application forms in the form of a bank for the company and the owner; bank statements from the company's account for the last 6 months (if the company is new, then you can provide statements from the account of another owner's company); copies of current contracts with contractors; office lease agreements, cash flow chart, ownership structure chart, etc.
For an individual (directors / shareholders / beneficiaries / attorneys): proof of identity (passport) + Emirates ID; proof of address (not older than 3 months); Summary; bank recommendation + bank statements for the last 6 months.

Savings; Current

Predictable

Moderately detailed: along with a description of the business, you must provide information about the sources of funds