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Founded in 1967. One of the leading banks in the UAE with a growing presence in the region, including Egypt, Qatar, Kuwait and Bahrain. Twelve overseas offices in nine countries, including Europe, USA, Asia and Africa


6 610 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 balance in the account is AED 50 000 (~USD 2 722)
Permissible number of transfers per month
There are no restrictions on the number of transactions
Efficiency of payment
The payments are executed same day
Transfer, € (for the amount of € 50 000)
The incoming transfer fee is AED 75 (~USD 20)
Crediting, € (for the amount of € 50,000)
The outgoing transfer fee is AED 100 (~USD 27)
Account maintenance, € / year
Account Opening

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
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