Digital Pakage Digital Pakage

Benefits

  • Preferential FX Rates
  • Dedicated Relationship Manager
  • Complete Suite of Cash Management Products
  • One-stop solution for all your financing needs

Products

Our Business Solutions give you access to a broad range of liability and financing solutions that help you achieve the long-term goals of your organization.

Day-To-Day Banking

Manage your day-to-day banking activities with our specially designed daily banking solutions:

  • Current Accounts that offer you the convenience and liquidity to meet all your basic banking needs

Savings and Investments

Get the best investment solutions, including specialized advice and access to some of the best Shari'a compliant funds including the Emirates Islamic Real Estate Fund, Global Balanced Fund, Dynamic Liquidity Investment Fund, etc. In addition you can also utilize:

  • Investment Saving Accounts offering a unique balance between generating profit and liquidity.
  • Fixed Deposits that enables you to deposit your funds for fixed periods of time, enabling you to earn higher profit rates.

Financing

Use our financing solutions to manage your cash flow, asset acquisition and expansion requirements for your business. Our Murabaha and Ijarah products are designed to provide solutions for:

  • Working capital and fixed assets financing of up to AED 3 million on an unsecured/partially secured basis or up to AED 5 million on a fully secured basis.
  • Trade finance products including Sight/Time LC's, Cash LC's, LC Murabaha financing and all types of Letters of Guarantee.
  • Vehicle fleet, buses and heavy trucks financing
  • Initial Public Offering (IPO) financing (on selective basis)

Eligibility

You can take advantage of our business banking services if you meet the following criteria:

  • Average Monthly Credit Balance in Current Account of AED 35,000 and more Or
  • Any financing facility

Please Note: A nominal fall below fee of AED 300 per month will apply for Business Premium Services if the above conditions are not met.

Documents Required

  • Company profile and valid legal documents including
    1. Passport copies of all owners
    2. Commercial registration
    3. Business and/or Trade License
    4. Articles of Association or partnership documents
    5. Chamber of commerce certificate
  • Audited/in-house financial statements for 3 years
  • Bank statements for 12 months
  • Facilities request letter
  • Any other documents (as required by the Bank)

* Please Note: Originals of all documents will be required for verification.

Account Maintenance Queries

To update your registered mobile or email, you can visit any of our branches / or dedicated business banking centers. Please bring the following documents:-

  • Valid trade license
  • Company stamp
  • Latest MOA (Memorandum of association) if company is LLC
  • Valid identity documents (passport, visa and emirates id) for all partners

In order to update your KYC documents, you can visit our website - www.emiratesislamci.ae. Alternately, you can Visit any of our branches / or dedicated business banking centers.

You can request for a cheque book via smartBUSINESS e-banking solution. Alternatively, you may visit any of our branches or dedicated business banking centers. Please note, the cheque book will the delivered to the key man mentioned in the request. However, in case you wish to amend the keyman details you have to visit any of our branches / or dedicated business banking centers to request for updation of keyman details.

To change your existing account package, you any of our branches or dedicated business banking centers. Please bring the following documents:-

  • Valid trade license
  • Company stamp
  • Latest MOA (Memorandum of association) if company is LLC
  • Valid identity documents (passport, visa and emirates id) for all partners

To update your signatures, you may visit the branch with the request letter duly stamped and signed by the authorized signatory along with the following documents:-

  • Latest MOA (Memorandum of association) if company is LLC
  • Valid Trade License
  • Valid identity documents (passport, visa and emirates id)

You may visit the branch with the request letter duly stamped and signed by the authorized signatory along with the following documents:-

  • New company stamp
  • New trade license
  • Latest MOA (Memorandum of association) if company is LLC
  • Valid identity documents (passport, visa and emirates id) for all partners

If your auditor is registered on www.confirmation.com, the you may request for the letter on the same website.

Alternatively in case your auditor is not registered, then you may visit our branches / dedicated business banking centers to request for the same

You may contact our smartBUSINESS call center on 04-3160065. Alternatively, you may visit any of our branches or dedicated business banking centers.