The bank was founded in 1982 and at the moment, has one of the smallest number of branches (16) in UAE. It doesn't interfere with provision of quality services. NBF is developing distance banking which is the reason this service is high-quality
Founding date
1982
Account Opening Terms
Recommendations
Required
Description of activity
Detailed
Account type
Corporate and personal.
Required documents
First cope and then original travelling passport during meeting in the bank; filled, printed and signed copies of bank for opening corporate accounts
Minimum balance
24019
Account opening nuances
Company must be not only be registered in UAE but also have an actual office there. Not smart office or flexi desk, because NBF representative will check the address stated in the application. The account manager must have resident visa.
Account opening, possibility
Calculated
Cost and nuances of account maintenance
Translation cost
20-50AED depending on amoun of transaction a month; other currency - 45-75AED
Account maintenance cost
None
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