How to open an account with Dar Es Salaam Investment Bank?
To open a resident personal account with DES you need: – An Introduction letter from a reputable bank. – Photocopy of IDs. – Photocopy of Iraqi nationality Certification. – Photocopy of Habitation card * Min Balance required: CUA IQD 1,000,000 USD 1,000 SSV IQD 500,000 USD 500 – Source of funds that will be credited into account. * If balances fall below this minimum balance, customers will be charged IQD 1,500 / USD 1 per month. To open a non resident personal account you need: – Group Introduction form (If an HSBC customer) or an Introduction letter from a reputable bank. – A photocopy of a valid passport. – Minimum Deposit Required of: USD 100,000 or equivalent in other currencies and need to be placed on a minimum 6 months time deposit. – Source of funds that will be credited into account. To open a corporate account for a company registered in Iraq: Sole Proprietorship: – Registration Certificate issued by Ministry of Trade. – Professional License. – Registration Certificate issue
