Emirates NBD Business Banking Select Account

Emirates NBD Bank is one of the most popular banking solutions providers in the UAE. The bank serves more than 14 million customers while operating in over 13 countries throughout the world. Emirates National Bank of Dubai offers various useful financial products and services such as bank accounts, loans, credit cards, fixed deposits, mortgages and more for both individual and business customers. 

Business Banking Select Account is one of the business bank accounts that the bank offers to its customers. The bank account offers various useful features and benefits to help account holders get the best out of their finances. Let us go ahead and learn more about Emirates NBD Business Banking Select Account, followed by the documents required and eligibility criteria to open one. 

Features and Benefits of Using Emirates NBD Business Banking Select Account

Here are the major features and benefits of opening an Emirates NBD Business Banking Select Account.

1. Minimum Balance Requirement

Emirates NBD Business Banking Select Account comes with a minimum balance requirement of AED 500,000 for the account holders.

2. Preferential Rates

Emirates NBD Business Banking Select Account offers preferential rates on different trade services for the account holders. 

3. Special Rates on Deposits

Emirates NBD Business Banking Select Account offers special rates on investments and deposits made by the account holders.

Why Open Emirates NBD Business Banking Select Account?

Here are a few major reasons why you must consider opening an Emirates NBD Business Banking Select Account.

1. Discounted Daily Transactions

Emirates NBD Business Banking Select Account enables account holders to make unlimited discounted day-to-day transactions for free without any hassle. 

2. Easy Account Opening Process

Emirates NBD Business Banking Select Account comes with an easy account opening process and enables applicants to open their bank account both online and offline.

3. Full-time Help and Support

Emirates NBD offers 24/7 help and support desk for its Business Banking Select Account members. The account holders can call the helpline number anytime to find answers to their queries.

Eligibility Criteria to Open an Emirates NBD Business Banking Select Account

Here are the eligibility criteria for opening an Emirates NBD Business Banking Select Account.

  • The applicants must meet the minimum monthly income and balance requirements.
  • All UAE residents are eligible to open an Emirates NBD Business Banking Select Account.

Documents Required for Opening an Emirates NBD Business Banking Select Account

Here is the list of documents required to open an Emirates NBD Business Banking Select Account.

Categories Documents
UAE Nationals
  • Emirates ID - Original and a copy
  • Passport - Original and a copy
  • Trade License - Original and a copy
Residents
  • Emirates ID - Original and a copy
  • Passport - Original and a copy
  • Trade License - Original and a copy
Non-Residents Identification documents – 
  • Passport - Original and a copy
  • Trade License - Original and a copy 
Any one of these documents-
  • Utility bill – not more than three months old
  • Bank statements - not more than three months old
  • Reference letter from the bank in the home country validating the relationship
  • Residential address proof as per the home country bank records

How to Apply for an Emirates NBD Business Banking Select Account?

Here are a few simple ways of opening an Emirates NBD Business Banking Select Account.

1. Visit the Bank’s Website

The applicants can visit the bank’s website to apply for an Emirates NBD Business Banking Select Account. All they need to do is fill out the online application form and submit the required documents along with the form on the website. Once done, they need to wait for one of the bank’s representatives to contact and process their application. If everything goes right, it takes two business days to open a Business Banking Select Account.

2. Visit the Bank’s Branch

The applicants can also visit one of the nearest Emirates NBD branches to apply for a Business Banking Select Account. They need to fill out the application form at the branch and submit all the essential documents to complete the application process.

3. Log in to Online Banking Portal

Emirates National Bank of Dubai offers an easy-to-access online banking portal for its customers to help them access the banking products and services with great ease. They can log in to this portal using their unique banking credentials and go to the request section to apply for Emirates NBD Business Banking Select Account. The applicants need to upload the necessary documents on the portal to submit the application. 

4. Log in to Emirates Mobile Banking App

Emirates National Bank of Dubai offers a mobile banking app to help its customers manage their finances more efficiently. The existing Emirates NBD bank account holders can use this mobile app to apply for opening an Emirates NBD Business Banking Select Account. The applicants can upload their documents through the mobile app itself.

5. Our Website

The applicants can also visit our website to open an Emirates NBD Business Banking Select Account. All they need to do is go to the bank accounts section, where they can then get detailed information about their chosen bank account. The applicants can call our helpdesk to find answers to any of their queries. Our experts will explain the features, benefits, eligibility criteria and more to help them open a bank account with great ease.

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