All Banks

Your consultant

Alina Marinich

Senior Business Consultant

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Our professional team cooperates not only with the UAE banks, but also with other banks in various jurisdictions. We can also offer our services, assisting in opening an account in a Payment System.

We will help you with filling out a bank application and bank forms, collecting the required documents, going through interviews with the bank representatives and any further communication and administration of your account.

United Arab Emirates

Bank	Country	Account Types	Minimum balance, €	Year of foundation	Bank’s shareholders	Price AED	Site
Emirates Islamic Bank	UAE	Savings Current	250.000 AED	2004	Emirates NBD PJSC (99.89%)	from 2.500	https://www.emiratesislamic.ae/eng/
Abu Dhabi Islamic Bank (ADIB)	UAE	Savings	10.000 AED	1997	Emirates International Investment Company LLC – 39,4%; Abu Dhabi Investment Counsil – 7.62%; Other investors – 52,98%	from 2.500	https://www.adcb.com/en/personal/
Emirates NBD PJSC	UAE	Savings Current	50.000 AED	2007	Investment Corporation of Dubai (UAE) – 55,64%; Public – 44,36%	from 2.500	https://www.emiratesnbd.com
Ajman Bank	UAE	Savings Current	25.000 AED	2007	25% is owned by the Ajman government, other – leading financial institutions and individuals from the UAE	from 2.500	https://ajmanbank.ae/
Mashreqbank	UAE	Savings Current	50.000 AED	1967	Bank’s shares are listed on the Dubai Financial Market	from 2.500	https://www.mashreqbank.com/
RAKBANK	UAE	Savings	25.000 AED	1976	The Bank is 52.76% owned by the Government of Ras Al-Khaimah and its shares are publicly traded on ADX	from 2.500	https://rakbank.ae/
Abu Dhabi Commercial Bank (ADCB)	UAE	Savings	10.000 AED	1985	The main shareholder is the Government of Abu Dhabi, with 65% of the shares held through a special investment fund	from 2.500	https://www.adcb.com/en/
Banque Misr	UAE	Savings Current	10.000 AED	1974	Banque Misr – state bank, 100% of its shares belong to the Egyptian government	from 2.500	https://www.banquemisr.ae/
Commercial Bank of Dubai (CBD)	UAE	Savings Current	350.000 AED	1969	The main shareholder of the Commercial Bank of Dubai (CBD) is the Government of Dubai	from 2.500	https://www.cbd.ae/

^{Opening an account for an UAE company is highly likely to require the provision of}^{legalized documents}^.

EUROPE

Bank	Country	Account Types	Minimum balance, €	Departure to the bank	Price USD	Site
Bank of Andorra	Andorra	Savings Current	500.000 EUR	Not required	2.730
Euram Bank AG	Austria	Savings	100.000 EUR	Not required	1.640	https://www.eurambank.com/ru/euram-bank/
Hypo Vorarlberg Bank AG	Austria	Savings Current	1.000.000 EUR	Obligatory	1.640	https://www.hypovbg.at/hypo-vorarlberg/
LGT Bank	Austria	Savings	1.000.000 EUR	Not required	1.640	https://www.lgt.com/
Raiffeisen Bank International AG	Austria	Current	No restrictions	Not required	1.640	https://www.rbinternational.com/
AstroBank	Cyprus	Savings Current	Not required	Not required	1.200	https://www.astrobank.com
Bank of Cyprus Plc	Cyprus	Current	Not required	Not required	1.200	https://www.bankofcyprus.com/
Hellenic Bank	Cyprus	Current	Not required	Not required	1.200	https://www.hellenicbank.com
BENDURA BANK AG	Liechtenstein	Savings	300.000 CHF	Not required	1.640	https://www.bendura.li/
Neue Bank	Liechtenstein	Savings Current	100.000 CHF	Not required	1.640	https://www.neuebankag.li/
Banco de Portugal	Portugal	Savings Current	500 EUR	Not required	2.730
Novo Banco SA	Portugal	Savings Current	350.000 USD / 0 USD	Not required	1.640	https://www.bes.pt
CA Indosuez SA	Switzerland	Savings	3.000.000 CHF/USD/EUR	Not required	1.640	https://switzerland.ca-indosuez.com/
CIM Banque SA	Switzerland	Current	Not required	Not required	1.640	httsp://www.cimbanque.com
Credit Suisse AG	Switzerland	Savings Current	5.000.000 USD	Not required	1.640	https://www.credit-suisse.com/
EFG Private Bank SA	Switzerland	Savings	50.000 USD	Not required	1.640	https://www.efginternational.com/ch
UBS AG	Switzerland	Savings	2.000.000 EUR	Not required	1.640	http://www.ubs.com/
VP Bank (Schweiz) AG	Switzerland	Savings Current	500.000 CHF	Not required	1.640	https://ch.vpbank.com/

^{Opening an account for an UAE company is highly likely to require the provision of legalized documents.}

ASIA

Bank	Country	Account Types	Minimum balance, €	Departure to the bank	Price USD	Site
Bank of Singapore LTD	Singapore	Savings	5.000.000 USD	Not required	2.070	https://www.bankofsingapore.com/
OCBC Bank	Singapore	Savings Current	500 EUR	Obligatory	2.070	https://www.ocbc.com

^{Opening an account for an UAE company is highly likely to require the provision of legalized documents.}

OFFSHORE

Bank	Country	Account Types	Minimum balance, €	Departure to the bank	Price USD	Site
Bank of Asia	BVI	Savings Current	No restrictions	Not required	2.730	https://www.bankasia.com/
KYBank	Cook Islands	Savings Current	5.000 USD	Not required	1.980
Hermes Bank	Saint Lucia	Current	5.000 EUR	Not required	1.420	https://hermesbank.com/

^{Opening an account for an UAE company is highly likely to require the provision of legalized documents.}