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Open an Account

with Bank of Baroda

  • Memorandum of Association (MOA)
     

  • Trade License
     

  • Power of Attorney (POA)
     

  • Board Resolution
     

  • Proof of address (Title deed/UAE; VAT filing; Ejari/Tenancy contract; Utility bill – last 3 months)
     

  • Bank statements (last 3 months)
     

  • Emirates ID
     

  • Passport copy
     

  • Valid VISA (if applicable)
     

  • Certificate of Incorporation/Trade License
     

  • Shareholder structure (optional)
     

  • Additional documents may be requested during compliance

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Account type

Fee (AED)

Processing time

Business
account

7,000

6 weeks

Personal
account

3,000

1 business days

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