You may want to contact your bank to get the specific list of documents that they require. In terms of physical persons' accounts, it doesn't matter if he/she is a resident of the UAE or not. Fees. Terms and conditions. Q.9 To open an account, what is the required ADCB savings account minimum balance? Please refer to the Schedule of Fees. Abu Dhabi Commercial Bank (ADCB) launches its paperless account opening app in the UAE called ADCB Hayyak. Most of the ADCB accounts come with Shariah compliance. Required documents. Opening a bank account in Dubai is very easy, although requirements vary from bank to bank. Features of ADCB SME Account. Saving accounts from ADCB are available in AED and other major currencies. App users can fund their ADCB account opened from the Hayyak app using any other UAE accounts as well. Terms and conditions. ADCB runs documents verification and delivers the welcome-kit within 48 hours of the account opening. if the account doesn’t hold the exact salary transfer amount required by the bank, then the bank will charge you a fee of 25 Dirhams for each month your bank account doesn’t have the amount). Interest can be accrued monthly, quarterly and half yearly with ADCB saving accounts. When you apply for a cash trading account, we’ll ask you to show us: Articles of Association; ... Board Resolution to operate the account; open any kind of ADCB Accounts. There are no charges on any of the savings account of ADCB. Each bank in UAE has varying requirements for the documents required to open a bank account. While choosing a bank, you should be definitely sure it corresponds to your requirements and preferences regarding bank services, bank tariffs and required minimal deposit amount. Ans- You will need AED 5000 or USD 1500 to open a savings or a current account in the ADCB bank. The complete overview on the bank accounts opening in Dubai, UAE – private and corporate banking, how to choose a bank, document requirements for opening bank account, compliance and all other points you need to know Terms and conditions apply. The welcome-kit will consist of a Debit Card and Cheque book(on current account) which will be personalized. With local banks based in the UAE, your presence will be required at the time of opening your account. But typically, below are the list of documents required to open a bank account. Q.10 What is the minimum balance required for Business Choice Current account for silver, gold and platinum? How to open ADCB Business account in the UAE. Please refer to the Schedule of Fees. 0% interest rates are paid on current account Bank takes around 3 working days to activate the account You get assigned with a dedicated relationship manager for this account This account can be opened in AED or other major currencies also Documentation is simple Easy and fast process to get your loan approved To open a current/checking account, you have to be a resident. Terms and conditions apply. All the ADCB saving accounts come with a free debit card. List of documents required for Opening Bank account in UAE. To this end, you need to know that all of these bank accounts have a AED 25 to be charged in case of not maintaining the eligibility criteria (i.e. Required documents. The set of documents required for RAK company bank account: This is also true for most UAE-based accounts, even if you choose an international bank. However, some banks allow non-UAE residents to open saving accounts. Fees. 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