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Update your renewed Trade License with the bank
As per the UAE Central Bank regulation, Banks are required to retain a copy of the Valid Trade License of all the Companies maintaining accounts with them.
In case valid Trade License is not submitted for more than 60 days after expiry, charges will be recovered from the account each month until a valid Trade License has been submitted to the Bank.
Please note that, with immediate effect, Emirates Islamic branches will no longer be accepting Trade License update / renewal requests. For your convenience, all such requests can now to be initiated through our alternate channels. Please refer the options below:
You can now perform a host of services through BusinessONLINE anytime, anywhere including updating your trade license online. Click here for Demo & Guides.