To open an account in DFM/ADX please follow the steps below:
- Visit any Emirates NBD Capital office
- Submit completed and duly authorized application forms to open brokerage account in ADX/DFM Market
- All documentation will be processed by Emirates NBD Capital
For Saudi nationals:
- For all clients that are legal persons, Authorized Person must obtain sufficient information about the nature of the business and its ownership and control structure so that it can identify the individual(s) that ultimately own(s) or control(s) the client.
- Specimen signatures shall be obtained for all account signatories.
- A copy of Commercial register issued by the competent authority.
- A copy of the Articles of association, or the memorandum of association and their annexes, and any amendments
- A copy of the identification card of the manager in charge.
- A copy of the issued resolution forming the Board of Directors.
- A copy of the Board resolution evidencing the approval of the opening of the account and conferring Authorization on the signatories;
- A List of the persons authorized who are qualified to deal with the accounts, pursuant to what is provided for in the commercial register, and a copy of the identification card of each.
- A List of all company's owners whose names are included in the memorandum of association and a copy of identification card of each.
- If the company has activities that require license from another government authority, a copy of that license is required.
For Nonprofit Organizations & Entities:
- A copy of the license issued by the relevant government authority.
- A copy of the Board resolution evidencing the approval of the opening of the account.
- A copy of the articles of association.
- Authorization from the board of directors for the persons whom would open & deal with & operate the accounts and a copy of the identification card of each.
- A copy of the Authority’s approval of accepting the client & open account for.
For Government Entities:
- A copy of all required documents in accordance with its Law and organization regulatory.
- A copy of the authority approval of accepting the client & open account for.