Commercial Bank
For your Shuraa activity review, use code 6419001 to identify Commercial Bank within Dubai Mainland. Compare the supplied record with the work your company intends to undertake.
Activity code 6419001
Listed activity name: Commercial Bank
- Activity code
- 6419001
- Jurisdiction
- Dubai Mainland
- Licence type
- Commercial
- Group code
- 651901
Activity description
Includes firms which regularly receive money from the public in the form of call, notice or time deposits, or invest loan instruments or deposit certificates to use them partially or fully in the granting of loans and advances for their account and on their own responsibility. This also includes firms which issue and receive cheques, introduce public and private loans, trade in foreign currencies or precious metals, open documentary credits, exchange travel cheques , and carry out other banking
Additional requirements
No additional requirements are supplied in this record. This does not mean that no approvals are required; check the requirements for your application.
Authority reference: Invest in Dubai. Confirm the latest scope and requirements with the authority.
Scope checks for your Shuraa consultation
- Write down the exact work your business will carry out and compare it with the supplied description above.
- Identify any parts of your operation that the description does not clearly address.
- Keep any approval notes with this activity code and ask which requirements apply before submitting an application.
Plan your next step with Shuraa
Bring this activity code to your Shuraa consultation to discuss the intended scope of work, jurisdiction choice and application requirements.
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