Request to Open and Close Bank Accounts for Federal Entities
About this service
This service allows the opening and closing of bank accounts at the Central Bank of the UAE and banks and financial institutions operating in the country, after approval by the Ministry of Finance, in order to serve the needs of the federal entity and enhance the efficiency of banking operations procedures, in implementation of the provisions of Ministerial Resolution No. (141) of 2023 regarding the rules for opening and closing bank accounts, managing banking operations and supplying resources at the Central Bank of the UAE and banks and financial institutions.
The process
- Access the Ministry of Finance website or smart application.
- Click on the Services menu, then select the "Opening and Closing Bank Accounts for Federal Entities" service.
- Click on the "Start Service" button.
- Log in using UAE Pass.
- Complete the digital form to request the opening or closing of a bank account.
- Upload the required supporting documents.
- Review and confirm the information before electronic signature.
- Submit the application by copying the application link and sending it to the authorized signatory for approval.
Conditions of use
Non
Required Documents
A decree from the entity's Authorised Signatories.
Dependent on other services
No
Digital Accessibility
This service has been designed in accordance with the Digital Accessibility Policy issued by the Telecommunications and Digital Government Regulatory Authority (TDRA). It ensures easy access for all users, including People of Determination, with support for keyboard navigation, screen readers, content zoom up to 200%, and clear display of messages and alerts. Accessibility features will be continuously updated whenever any enhancements are made to digital channels or the user journey.
Service channels
Website
Target audience
All Ministries & federal entities
Responsible Department
Treasury
Support
Service completion duration
5 Working days
Service fees
No fees
Service availability
Open 24 x 7