Deposit operations
According to the economic content of the deposit can be divided into groups: - demand…

Continue reading →

Types of money
Money currently exists in the form of cash and non-cash money. Cash exists in the…

...

Banking services people need
The bank chose an evolutionary path of development and this model suits me as a…

...

Open a bank account in Germany
A bank account abroad is one of the most attractive and thoughtful products for diversifying…

Continue reading →

company is registered

Bank accounts in the UAE: changes and innovations

Unfortunately, in the UAE there are only a few banks that work with offshore, it is:
Emirates NBD, and the bank requires that the average monthly account balance be maintained at least $ 137,000;
United Arab Bank, and the bank requires that the average monthly balance on the account be maintained at least $ 100,000;
RAK Bank, and the bank requires that the average monthly account balance be maintained at least $ 275,000.
In addition, in order to apply for opening accounts of offshore companies in these banks, the owner of the company (shareholder) must be a resident of the UAE – in order to have a rationale for why you need a bank account in the UAE. Continue reading