Mashreq Bank

Request for service

Cost of account opening

от 1990 EUR

Open an account

General information

Name

Mashreq Bank

Country

UAE

Official web-site

https://www.mashreq.com/en/uae/emirati-banking/

Bank history

Mashreq Bank is 4 years older than UAE itself. First branch was opened in 1967 and UAE was founded in 1971. Before 1993 the structure was called Oman Bank and modern name appeared after.

Country Rating

Founding date

1967

Account Opening Terms

Recommendations

Required

Description of activity

Detailed

Account type

Corporate and personal.

Required documents

Passport of an applicant, directors/shareholders/beneficiaries; filled bank form with client's personal info, account and its purpose; corporate documents; bank statement for 6 months; bio of applicant/brief description of company's history; proof of address of applicants/shareholders

Minimum balance

11992

Account opening nuances

Impossible to open account for a foreign company, therefore one needs to open a branch in UAE - a visa is required within 3 months from account opening. Shareholder should prove existing of the same business in the country of residence

Account opening, possibility

Calculated