News: Open account in United Arab Bank
The cost of opening an account:
From 1990 USD
The cost of opening an account:
From 1990 USD
General information
Name
United Arab Bank
Country
UAE
Official site
https://www.uab.ae/
Faunded
1 975
History
UAB was founded in Sharja as a partner company between various investors of Emirates and French «Société Générale». The bank opened 25 branches across the country. UAB is in official alliance with Commercial Bank of Qatar and National Bank of Oman. Thus the foundation for active growth of all three banks in the region was created.
Employees
English
Security
High
Presentation
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:
Passport; resident visa with entry stamp; Emirated ID if applicable; CVs of shareholders; 3 months bank statement; info about beneficiaries; corporate documents; description of area of client's business activity; bank recommendation letter from previous bank
Account opening, probability:
Calculated
Particularities during account opening:
The bank is interested in clients who have from 1mil EUR/USD in account turnover a year and large leftovers on company's accounts. The bank doesn't open accounts for companies directly/indirectly linked to military technology.
Rating
Rating on loans:
BA3
Terms
Balance, minimum:
120087 €
Services and costs
Cost of translation:
Transfers via internet-banking inside UAE - free; Transfers in foreign currency through SWIFT via internet-banking - 30AED
Cost of enrollment:
Incoming transfers -free; accepted foreign currency transfers in that currency - 10USD; transfers in foreign currency converted to AED - 10AED+conversion commission
Access to the account:
Via phone and internet-banking
Bank services:
Personal and corporate accounts for citizens and resident visa holders; accounts for offshore companies; debit and credit Visa cards with applicable discounts for owners; deposits; overdraft; credits; investments; international and internal transfers
Bank cards:
Visa
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