Emirates NBD (UAE)

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Emirates NBD (UAE)

Emirates NBD – the largest bank in UAE has more than 140 branches. The bank was founded in 2007. Emirates NBD was formed as a result of a merger of the two banks: Emirates Bank International (EBI) and National Bank of Dubai (NBD).

Today, Emirates NBD, one of the most dynamically developing banks in the Middle East.  Besides the UAE, branches of the Bank are located in the Kingdom of Saudi Arabia, Qatar, UK, the Channel Islands, moreover,      rep offices of the Bank are located in India and Iran.

Types of accounts

Private, corporate accounts (all multi-currency accounts)

Cost for account opening (bank fee)

For physical entities: for free

For legal entities: for free

Minimum balance: 3000 - 68 500 (USD).

Other bank services

Great Britain, Saudi Arabia, Qatar, Iran, Singapore, India, Egypt, Jersey, United Arab Emirates.

Managing your account

Internetbank.

Issuance of Digipass – 70 USD

Using the Digipass - 70 USD/month

Bank tariffs

Account maintenance

 

At observance of requirements to the minimum balance: free

At non-compliance with requirements to the minimum balance: 30 - 150 USD/month

 

Transfer:

7 - 20 USD.

Срок открытия счета

The process of account opening consists of the preparatory period and the account opening itself

The preparatory period: includes collecting and providing us with the documents required for opening an account. The duration of this preparatory period depends directly on you.

The process of documents reviewing by the bank staff and the decision to open an account takes from 10 to 15 working days following the date after a personal meeting with the bank manager.

Emirates NBD adheres to the “know your client” principle and thus you may be requested any additional information or documents. This may extend the process of the account opening. Bank also may refuse to open the account without any explanations.

Staff

English-speaking, Russian-speaking (only private managers)

Credit/debit cards

Visa, MasterCard,  

(for offshore companies – only debit cards under  the warranty. With these cards, you can dispose of 80% of Deposit amount.

Other bank services

Lending, deposits, funds, safes.

Documents necessary to open the account

Forms for signature feature in the main office of the Bank in person.

Documents necessary from the company

You have to transmit the originals of all the founding and statutory documents of the company. In case the company was registered more than one year ago the Certificate of Good Standing with apostile is required.

Documents necessary from the account holder:

  • original of internal passport;
  • original of foreign passport ;
  • notarized translation of utility bill no older than 3 months into English;
  • original of bank reference in English with indication of address the account holder.

Documents necessary from company’s beneficiary:

  • original of internal passport;
  • original of foreign passport ;
  • notarized translation of utility bill no older than 3 months into English;
  • original of bank reference in English with indication of address the account holder.

The procedure of opening an account

Needed a personal meeting attorney/beneficiary, director or shareholder with the Bank Manager in the main office of the Bank. If attorney/beneficiary is not fluent in English, you make use of services an interpreter, as communication will be in English.

Web-site

www.emiratesnbd.com