ADIB Business One Account

Looking for a basic account package to support your business ambitions? The ADIB Business One account offers a minimum average balance of AED 5,000 and a competitive fee structure.

Features & Benefits:

• Business Classic Debit Card: Access your funds with ease.
• Business Classic Cheque Books: Personalized cheque books for your business needs.
• Multi-Currency Options: Open your account in over 15 currencies, including USD, EUR, GBP, JPY, and CNY.
• Business Internet Banking: Bank on the go with free telex transfers via ADIB Business Internet Banking.

Note: This account follows the Islamic principle of Qard Hasan, meaning your deposits are considered a non-profit bearing loan to ADIB, which the bank is obliged to return upon request. You have the option to maintain your account in currencies such as AED, EURO, USD, JPY, and GBP.

Eligibility:

• Minimum Balance: Maintain a minimum monthly average balance of AED 5,000.
• Maintenance Fees: AED 100 per month.

Required Documents:

• Business Documentation: Trade license, commercial registration, chamber of commerce membership certificate, memorandum of association, and any amendments, along with any power of attorney (POA) if applicable.
• Partner Identification: Original valid passports and copies for all partners, including residence visas for signatories.
• Signer’s Identification: Original valid passports and Emirates IDs for the signers.
• Additional Documents: Any other documents requested by the bank.