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Abu Dhabi Commercial Bank (ADCB)

Emirates Commercial Bank, Federal Commercial Bank and Chilean Commercial Bank. Offices and ATMs throughout the country, as well as branches in India, Jersey, the UK and Singapore.

https://www.adcb.com/en/personal/

from 8 000 AED
General Information
Banking products
The Bank provides a wide range of banking and financial services, including servicing private and corporate clients, providing private banking services, asset management, investment activities, lending.
Account Types
Private; Corporate; Savings
Minimal Requirements
Minimum balance, €
The minimum average monthly balance in the account is AED 10 000
Permissible number of transfers per month
There are no restrictions on the number of transfers for settlement accounts
Efficiency of payment
Transfers are performed day to day.
Tariffs
Transfer, € (for the amount of € 50 000)
Transaction fee - from AED 31.50
Crediting, € (for the amount of € 50,000)
Transaction fee - from AED 31.5
Account maintenance, € / year
The account maintenance fee is charged if the account drops below the minimum balance and is AED 150 (~USD 40) per month
Account Opening
Requirements

For a personal account: proof of identity (passport); confirmation of address (not older than 3 months); resident visa (Resident Visa); Summary; bank recommendation + bank statements for the last 6 months. The list is not exhaustive. The Bank has the right to request any other documents and information.

For a corporate account: completed questionnaires in the form of a bank for the company and owner; bank statements from the company account for the last 6 months (if the company is new, then you can provide statements from the account of another company of the owner); copies of current contracts with counterparties; office leases, cash flow chart, ownership structure chart, etc.

Departure to the bank
To open an account, the beneficiary must visit the UAE.
Duration of application, months
1-2 months