At Mashreq we understand your Business & we aim to provide you convenience. Click at different sections to view comprehensive guideline on:
Trade License Renewal/Change
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 Business account each month until a valid Trade License has been submitted to the Bank.
In case of any change in Ownership/other changes in the Trade License, please update your KYC. To know more Click Here.
Please note the following restrictions will be applied to the business current account if the renewed copy is not provided:
Details of the Actions
Days after expiry
Cheque Book facility revoked
90 Days
Debit Freeze on all accounts
180 Days
If the Trade License has not been updated after 180 days of expiry, the bank may take a decision to close the account.
Update Your Contact Details
It is important that we have your updated contact details. Your contact details are required for:
Verifying the authenticity of transactions
Sending transaction alerts for a debit or credit to an account
Notifying you about any Credit Card transaction
Delivering e-statements
Please note communication is only done through the registered contact details, so you don't miss out on alerts and promotions.
Your account is at risk if the registered contact details are used by any unauthorised personnel.
Verify your contact details today by:
Calling +971 4 4244763 Or
Visiting your nearest Mashreq branch
Cheque Book Issuance/ Renewal Request
Partner/POA- Deletion/Addition
For Partner/POA Deletion, submit the request either on Business Banking General request form or on Company letter head along with Business Banking General Request form.
Partner/POA Deletion
For Partner/POA Deletion, submit the request either on Business Banking General request form or on Company letter head along with Business Banking General Request form. Click here to download the Business Banking General Request form
For Partner/POA Addition
Documentation required for Partner/POA addition are:
Request on Company Letter head
Original Trade License
In case of Offshore Company, provide certificate of Good Standing/Incumbency Certificate- validity- 1 year from the date of Issue.If issued outside UAE,certified from Ministry of Foreign Affairs
Original Share Certificates(In case of Free Zone/Offshore/Non Resident)
Original Memorandum of Association (MOA)/Article Of Association (AOA) with all amendments till date
Original Board Resolution (In case of change in the signatory to the account)
Original Passport & Visa of all partners including the partner being added / deleted
For POA(Power of attorney) addition, submit Original POA form - Mashreq Format OR Notarized by Dubai Courts
Mashreq SWIFT And TRN
Mashreq SWIFT Code / BIC
BOMLAEADXXX/BOMLAEAD
Bank Routing Code
203-320-101
Mashreq Tax Registration Number
100-282-764-800-003
Branch
All UAE Branches
Address
AL GHURAIR CITY, 339-C, AGC, AL RIQQA STREET, DUBAI – UAE