Current Account

Multiple currencies, preferential exchange rates, free monthly statements and more..
Multiple currencies, preferential exchange rates, free monthly statements and more..

Current Account

NBQ's Business Current Account is available in major currencies and is the ideal solution for managing your day-to-day business transactions. With easy access to our Online Banking Service, free standard cheque books, you’ll need to deposit and maintain minimum balance of just AED 20,000 to get started. With the NBQ Business Current Account, we can support all your business transactions, large or small.

Features and Benefits

  • First cheque book issuance is free
  • Free monthly statements
  • Unlimited transactions at Branch counters
  • Convenient Online Banking Services to take care of your daily banking needs
  • Useful Direct Debit service to help you plan your payments
  • Helpful money transfer service between your accounts
  • Convenient foreign currency options for your new account
  • Preferential exchange rates for forex transactions
  • Option to arrange an Overdraft Facility

Fees and Charges

  • AED 150 per month if balance falls below AED 20,000

Eligibility

Account available for any established business in UAE with valid Trade License


Documents Required

  • Current Account Application form
  • Your Trade License, Commercial Registration, and/or Chamber of Commerce Membership Certificate
  • For LLC or partnership companies, we'll need your Memorandum of Association, and any relevant subsequent amendments or POA (Power of Attorney)
  • Your current valid passport and passport copies for all business partners
  • A list of authorized signatories, along with Passport copies including Residency visa page
  • Details of Emirates ID and Emirates ID copies of all partners including authorized signatory
  • A copy of your Board Resolution in a standard format
  • If we need to see anything else to get your application approved, we’ll contact you

Terms and conditions apply



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