United Arab Bank Business Access

Last Updated on 07 February 2019

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United Arab Bank Bank

Business Access

interest rate

Interest Rate

0%

min balance

Min Balance to Maintain

AED 10K

monthly fee

Monthly Fee

AED 100

relationship manager

Relationship Manager

Yes

Currency Account

Yes

approval time

Approval Time

3 Days

transfer cost

Local Transfer Cost

AED 75

inter transfercost

International Transfer Cost

AED 100

interest rate

0%

Interest Rate

min balance

AED 10K

Min Balance to Maintain

monthly fee

AED 100

Monthly Fee

relationship manager

Yes

Relationship Manager

Yes

Currency Account

approval time

3 Days

Approval Time

local transfer cost

AED 75

Local Transfer Cost

inter transfer cost

AED 100

International Transfer Cost

 

Required Documents

  • Application form
  • Trade Licence
  • Valid passport and Copy of Visa
  • Memorandum of Association (MOA)
  • Articles of Association (AOA)
  • Chamber of Commerce Certificate copy
  • Board Resolutions
  • Address proof

Main Benefits

  • Free Cheque book
  • You can access United Arab Bank’s personal internet banking and mobile banking
  • Free Debit Card
  • Free E-statements

Frequently Asked Questions

Q. Do you need to have a business plan before applying for business loan in United Arab Bank?

A. Yes, in United Arab Bank it is a requirement to have a business plan before applying for business loan.

Q. Can a startup company with no credit history qualify for business loan in United Arab Bank?

A. Yes, if it has creditworthy customers and employees.

Q. What if I made a duplicate payment error, can I get refund for that?

A. Yes, it’ll automatically get credited to your business account in United Arab Bank.

Q. How does the bank decide the tenure for your loan application?

A. United Arab Bank decides the tenure for your application on the basis of your debt ratio and monthly income.

Q. Can a struggling company qualify for a business finance in United Arab Bank?

A. As long as the company has customers who pay bill on time, it is eligible to get business finance from United Arab Bank.

United Arab

Headquartered in Sharjah, with over 25 branches across the UAE, United Arab Bank, P.J.S.C. (UAB), which was incorporated in 1975, has established itself as a leading banking services provider in the UAE. UAB has a Vision ‘of being the trusted partner and the UAE bank of choice for customers’ and a Mission of ‘offering a superior customer experience, creating shareholder value, and adopting an innovative banking approach while remaining loyal to the nation's heritage and contributing to the overall development of the UAE.’ UAB follows the values of :

  • Integrity
  • Customer Focus
  • Competence
  • Consistency
  • Courteousness

   Get in touch with United Arab Bank Customer Care

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