Opening an Account with Noor Bank
Noor Bank is one of the most reliable and prestigious banks in the UAE. The bank opens accounts for non-resident individuals or for companies registered exclusively in a UAE Free Zone, or for local UAE companies. An account cannot be opened remotely: opening requires one trip to the bank, in addition to the time spent on forming a company in the UAE.
To open an account with NOOR bank you will need:
- Passport
- Emirates ID.
- Résumé (CV)
- Account opening application
- Company documents
- Good standing certificate if the company is older than 1 year.
- Statement of the personal account of the company's beneficial owner.
Account opening support fee
2000$
Account types
- Multi-currency — USD, EUR, AED, GBP
- Personal and corporate
Account opening cost (bank fee)
The account opening fee consists of:
- a fee for connecting to online banking — 1500 AED
Bank presence in other countries
None
Service fees
Required minimum balance of 10 000 AED, with which the maintenance fee is zero.
Maintenance fee of 200 AED if the minimum balance is not maintained.
Account opening time
2-3 weeks
Banking products
- current accounts
- deposits
- loans
- letter of credit
- payment cards
Staff
English-speaking, or Farsi.
Account management
Internet banking