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Emirates NBD PJSC

Emirate NBD was formed in October 2007 following the merger of Emirates Bank International (EBI) and National Bank of Dubai (NBD) and immediately became the largest (in terms of assets) Gulf bank with total market capitalization of USD 11.3 billion. And retains this status to date. The bank operates in the UAE, the Kingdom of Saudi Arabia, Qatar, the United Kingdom, Singapore, and Jersey, and has representative offices in India and Iran

https://www.emiratesnbd.com/en/

from 8 000 AED
General Information
Banking products
The bank offers a wide range of banking and financial services, including bank accounts for corporate and individual clients, private banking, asset management, investments, and loans
Account Types
Private; Corporate; Savings; Current
Minimal Requirements
Minimum balance, €
Minimum average monthly account balance - from AED 200.000 - depending on tariff
Permissible number of transfers per month
The number of transfers is not restricted for business accounts
Efficiency of payment
The payments are executed same day
Tariffs
Transfer, € (for the amount of € 50 000)
Any 5 transactions per month are free of charge, every transaction beyond that costs AED 20
Crediting, € (for the amount of € 50,000)
Any 5 transactions per month are free of charge, every transaction beyond that costs AED 20
Account maintenance, € / year
The account maintenance fee is charged if the account gets below the minimum balance and is AED 250 (~USD 68) per month
Account Opening
Requirements

For a personal account: proof of identity (passport); proof of address (not older than 3 months); Resident Visa; CV; bank reference letter + bank statements for the last 6 months.

For a corporate account: completed bank questionnaires for the company and owner; bank statements from the company account for the last 6 months (if the company is new, then bank statements from the owner’s other company account); copies of existing contracts with partners; office lease contract, cash flow chart, ownership structure chart, etc.

Departure to the bank
The beneficial owner must visit the country for account opening
Duration of application, months
1-2 months