Opening an account with Mashreq Bank
from 1500 c.u.
The Middle East has its own leader in the field of banking services, and this is Mashreq Bank. The bank has been operating since 1967 and currently has more than 10 offices in Africa, Asia, Europe and the USA. But that’s not all. Mashreq Bank enters the TOP-10 of the best banks in the UAE. Account maintenance and transaction fees are very low compared to competitors, although Mashreq Bank has a number of higher requirements for those who want to open an account.
MASHREQ BANK provides the following services:
- All types of banking operations;
- Work in the Internet banking system;
- Opening of deposit accounts;
- Issue of credit cards, including nominal ones;
- Provision of call account service for clients;
- Work with investment products;
- Provision of storage services for papers and valuables.
To open an account MASHREQ BANK requires the following conditions:
- Account manager shall be exclusively a citizen of the UAE;
- When opening an account, the account manager must be present in person;
- For corporate accounts, it is obligatory to attach both originals and copies of statutory documents;
- To open a personal account, the bank requests a statement on the movement of funds;
- Notarized documents of all account holders must also be provided;
- Provide proof of registration of shareholders and directors of the company;
- Legal address of the company;
- Letter of recommendation from the bank where an account is already opened;
- All documents must be submitted in English and be notarized.
Please note that the time for opening a current account is from 3 weeks and a minimum initial deposit is 2500 USD.
Applying for an account with a bank like Mashreq Bank on your own is a long and difficult process. Our company will help to solve all problems with the collection and execution of documents. We will protect you from potential financial risks and help you go through the entire process to the end in the shortest possible time.
Oleg Venediktov
General counsel of VIP Departament
Also, our company provides licensing services for various types of activities
You can get additional information by phone:
+35725263434 or email: assist@legalawyers.com
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