Abu Dhabi Commercial Bank

Abu Dhabi Commercial Bank (ADCB) is exceptionally one of the well recognized banking institutions in the United Arab Emirates (UAE).

In July 1985, three separate banks namely, Emirates Commercial Bank, the Federal Commercial Bank, and Khalij Commercial Bank, formed a merger in order to establish a more powerful bank called the Abu Dhabi Commercial Bank India (ADCB).

Being the financial capital of India, Mumbai was the first location of the earliest branch of ADCB.

To date, the bank has only 2 branches globally which are situated in India and United Arab Emirates.

The branch opening in India is an outstanding success as proven by its more or less 14,000 customers.

This led to more innovations spearheaded by the bank as it creates a good avenue for well informed investors.

Basic services:

The very basic services that the bank has in store for its customers include but not limited to personal and commercial loans, fund or trust deposits, Automated Teller Machine banking, corporate banking, and other personalized banking services.

One landmark innovation of the institution is the introduction of StockSmart Depositary Services which has captured good attention to many businessmen in India.

Abu Dhabi Commercial Bank (ADCB) Netlink is the service intended for doing banking transactions through your cellphones or on the web. Nowadays, online transaction is very popular that led most banks to integrate banking online.

Simple procedures:

In order for you to open your very first depository account, this will only need very easy and simple procedures. First of all, you have to approach the liaison office in DP Centre in Mumbai. The contact number that you can reach if you have questions prior to opening an account is 2702466/68.

You have to secure a proof of your identification and a recent picture upon your visit to the bank. Right after that, you will accomplish completely a set of documents necessary to open an account. You will be allowed to open several accounts and the good thing is that you may not be required to maintain a minimum balance for your securities.

You might as well want to know if you can dematerialize the market shares you have. That would be possible as long as these are coming from companies which are duly registered from NSDL. It is also possible to materialize your odd lot shares. The bank has allowed that.

The main office of Abu Dhabi Commercial Bank (ADCB) can be found at 75 Veer Nariman Road, Churchgate, Mumbai 400020, India. In order to keep updated about the latest financial services of Abu Dhabi Commercial Bank (ADCB), the websites of the bank are http://www.adcbindia.com and http://www.adcb.com.