The cost of opening an account: From 1990 USD
The cost of opening an account:
From 1990 USD

General information

Name
Arab Bank for Investment and Foreign Trade (Al Masraf)
Country

UAE

Official site
http://www.almasraf.ae
Faunded
1 976
History
The bank was created in partnership with UAE, Libya and Algeria with HQ in Abu-Dhabi. It offers a full spectre of financial services across 11 branches
Employees
English
Security
High

Account

Terms of opening for admission (days):
21
Opening terms for cancellation (days):
21
Recommendations:
Требуется
Description of activity:
Detailed
Account type:
Corporate and personal.
Departure to the bank:
Required
Required documents:
Passports of applicant, directors/shareholders/beneficiaries; filled bank form (client ID, info about the account, purpose); corporate documents; Emirates ID card; visa copy; commercial license copy
Account opening, probability:
Calculated
Particularities during account opening:
The bank requires Emirates ID and it is applicable only to tax residents

Terms

Balance, minimum:
24000 €

Services and costs

Cost of translation:
40 AED
Cost of enrollment:
0,125 %
Cost of account maintenance:
150 AED
Access to the account:
Phone, internet-banking
Bank services:
Deposits, credits and credit cards, investment and banking services, including finance and investments
Bank cards:
VISA /Mastercard