Emirate NBD was established in October 2007 by the merger of Emirates Bank International (EBI) and National Bank of Dubai (NBD), and immediately became the largest bank in terms of assets in the Gulf countries, with a combined market capitalization of $ 11.3 billion.
World rating
239
Country Rating
1
Founding date
2007
Account Opening Terms
Recommendations
Not required
Description of activity
Detailed
Account type
Personal, corporate
Minimal turnover
24000
Accounts types
Personal; Corporate; Savings; Settlement
Required documents
For corporate accounts (accounts are opened only for local companies) - legalized copies of all the constituent documents of the resident company, including documents of shareholders and beneficial owners (UAE has not signed the Convention Abolishing the Requirement of Legalisation for Foreign Public Documents). For personal account - copy of internal passport and international passport (stamp of entry in the UAE is desirable)
Transaction speed
Payments are executed on the same day
Minimum balance
2000
Limit of transfers (per month)
No restrictions
Initial founding fee
0
Account opening nuances
Opening an account is possible without entry into the country of the bank; Opening an account is possible without a meeting with the banker
Account opening, possibility
Calculated and perceived
Cost and nuances of account maintenance
Translation cost
2 EUR per month
Enrollment fees
See rates
Account maintenance cost
Servicing is free for personal account; for corporate account - 20 EUR per month
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