Current Account
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 & Benefits
When you open an NBQ Business Current Account, you will enjoy the following benefits:
- First cheque book issuance is free – add your logo for a small fee
- 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 LicenseDocuments Required
- Current Account Application form
- Your Trade License, Commercial Registration, 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 their Residency visas
- A copy of your Board Resolution in a standard format
- Details of Emirates ID and Emirates ID copies of all partners including authorized signatory
- Other documents may be requested at the discretion of the Bank
Terms & Conditions Apply
Call Deposit Account
Enjoy earning interest, whilst still being able to withdraw or increase your savings
Fixed Deposit
Fix a preferential interest rate
Salary Wage Protection Program (WPS) & Salary Card
Save hours. Automate your salary processing with our NBQ E-Banking platform.