Premium

Overview

Premium Account designed for our SME clients who have high business transaction volumes. This account is for the client who prefers to maintain higher bank account balances.

Features and Benefits

• Feature-rich business account 
• No account maintenance fees providing minimum monthly average balance of just AED 350,000 is maintained at total relationship level
• Choice of 6 account currency denominations
• Free first chequebook and complimentary business debit card
• Branch-based client relationship management
• Access to Business Banking Zones and fast track Business Banking tellers
• Free online banking account enquiry service, with the option to upgrade to a comprehensive interactive online banking service
• Free SMS transaction alerts
• Dedicated Business Banking call center
• Dedicated self-service phone banking
• Competitive rates on money transfers, remittances and foreign currency exchange
• Preferential pricing on a range of additional business banking and insurance products and services
• Optional WPS salary processing service
• Access to website-based business advisory services and business planning toolkits through resource centers

Required Documents

• National ID or valid passport with UAE residence visa and Emirates ID of all signing authorities and shareholders, if applicable
• Valid legal and constitutive documents (i.e. Trade License, Certificate of Commercial Registration, Free Zone Certificate of Incorporation, Memorandum of Association, Partnership Agreement) as applicable
• Power of Attorney or Board Resolution, if applicable
• Proof of Address
• Details of Ultimate Beneficial Owners
• Bank Reference Letter and Company Profile, if applicable
• No requirement for audited financial statements