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Table of Contents
Incorporation Details
Fee schedule
| Bank | Bank Assistance Fee | Minimum Initial Deposit |
|---|---|---|
| Emirates NBD Bank | US$ 1,900 | AED 3,000 – AED 5,000 |
Overview
- Emirates NBD is the leading banking group in the UAE.
Emirates NBD, the leading Banking Group in the MENAT region, was formed on 19 June 1963, when H.H. Late Sheikh Rashid bin Saeed Al Maktoum signed the Charter of Incorporation of the National Bank of Dubai (NBD) which became the first National Bank established in Dubai and the United Arab Emirates (UAE). With the blessings of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, NBD merged with Emirates Bank International (EBI) on 06 March 2007, to form Emirates NBD, the largest banking group in the region by assets. On 16 October 2007, the shares of Emirates NBD were officially listed on the Dubai Financial Market (DFM).
As at 30th September 2022, total assets were AED 721 Billion, (equivalent to approx. USD 196 Billion). The acquisition of DenizBank represents a significant milestone for Emirates NBD with the Group expanding its presence to 13 countries, servicing over 17 million customers. The Group is ranked among the top 20 in the Forbes’ list of the World’s Best Regarded Companies, securing a leading spot among global brands. The Group has operations in the UAE, Egypt, India, Turkey, the Kingdom of Saudi Arabia, Singapore, the United Kingdom, Austria, Germany, Russia and Bahrain and representative offices in China and Indonesia with a total of 885 branches and 4,113 ATMs / SDMs.
Services Offered
- Account Types:
- Current Accounts
- Savings Accounts
- Fixed Deposits
- Business Accounts
- Banking Services:
- Debit and Credit Cards
- Online and Mobile Banking
- Loans: Personal, Auto, Home
- Investment and Wealth Management Services
- Insurance Products
- Foreign Exchange Services
- Remittance Services
Required Documentation for Bank Account Opening
For Business Accounts:
- Trade License
- Certificate of Incorporation
- Memorandum & Articles of Association
- Board Resolution
- Valid Passports and Emirates IDs of Shareholders and Authorized Signatories
- Proof of Address
For Personal Accounts:
- Valid Passport (with UAE residence visa for expatriates)
- Emirates ID
- Proof of Address (e.g., utility bill or tenancy contract)
- Salary Certificate or Employment Letter
- Recent Bank Statements (if applicable)
For Non-Residents:
- Valid Passport
- Proof of Address in Home Country (e.g., utility bill or bank statement)
- Reference Letter from a Bank in Home Country
Account Opening Summary
Country Reviews
Related Jurisdiction
Follow the right path with the right procedure
STEP 01
Select package and submit KYC documents
STEP 02
Sign application forms and do due diligence requirements
STEP 03
Submit the application and receive corporate documents
STEP 04
Annual registration renewal to keep business in good standing


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