EMIRATES NBD

Opening an account with EMIRATES NBD (UAE)

Cost for the private persons from 1000

Cost for the legal entities from 0

Opening Term: 2 months

Remotely: no

Emirates NBD is one of the largest banks in the UAE and is considered one of the most reliable banks in the Middle East, as its assets are backed by the UAE's gold and foreign exchange reserves. The Emirates NBD Group has strong investment and private banking capabilities, with a particular focus on asset management and brokerage services.

For private individuals, Emirates NBD offers personal current and savings accounts, chequebooks, and gold accounts. Emirates NBD also provides mobile banking and contactless payment services.

To open an account with Emirates NBD for non-residents of the UAE, there is a minimum account balance requirement:

  • for a current account - from AED 15,000 to AED 50,000
  • for a savings account - from AED 100,000

There is no minimum balance requirement for UAE citizens. Emirates NBD Bank mainly opens accounts for companies registered in the UAE. To open an account with a UAE bank for a company, the shareholder of the company must have a UAE resident visa. For companies, there is a minimum account balance requirement of AED 50,000 or more per month.

Emirates NBD Bank adheres to the principle of ‘know your customer’ and reserves the right to request additional documents in each case, which will lead to an increase in the time required to open an account, and may also refuse to open an account without giving any reason.

For questions about opening an account with the Emirates NBD bank (UAE), contact Maira Consult.

EMIRATES NBD advantages

1

Contactless payments

2

Investment and escrow accounts

3

Accounts in USD, EUR, GBP, AED

4

Bank works with checks and checkbooks

General Information

Types of accounts

Personal and corporate accounts.

Personal visit

A personal visit to the UAE to meet with a private banker is required.

Service rates

Tariffs are provided on an individual basis depending on the type of company's activity.

Useful information

www.emiratesnbd.com

Stages of account opening

01

Preparation of documents

Toopen an account with EMIRATES NBD you need to fill out our questionnaire and provide us with information about your activities and counterparties. Along with the questionnaire, you need to provide corporate documents of the company (for legal entities) and personal identification documents (for individuals).EB

02

Analysis of documents

Our specialists analyze the information and documents provided and fill out the EMIRATES NBD forms.

03

Submission of documents

We send the ready-made package of documents for opening an account with EMIRATES NBD to a private banker for review.

04

Passing verification

The director and beneficiaries (for a legal entity) or an individual (for a personal account) are verified during a personal meeting with a private banker in the UAE. Banking forms are signed at the meeting. The private banker is provided with the originals of corporate documents (for a legal entity) and identification documents (for an individual).

05

Compliance Check

At this stage, EMIRATES NBD checks the client and may request additional information about the activities and source of funds.

06

Account opening

The account in EMIRATES NBD is opened within 3-6 weeks after a personal meeting with a private banker and the full package of documents is submitted to the bank. EMIRATES NBD does not provide international delivery of the card and Digi Pass, they can be picked up by the client in person.

Answers to the Most Common Questions:


Our Contacts

Client Relations Department

+380 73 427-66-30

Address

Kyiv, 01054, Ukraine,

40B Ivan Franko St., office 207

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