Services

Service Procedures

1. After notifying the customer of the Ministry’s approval to add the activity, we send the reference number to review with one of the banks to pay the required guarantee difference according to the activity
2. Customer reviews the banks and deposits the required bank guarantee amount
3. Bank receives the amount of the bank guarantee from the customer, deposits it with the reference number issued by the ministry, and issues a certificate with the details of the paid bank guarantee.
4. E-bank system notifies the Ministry of Finance system and the Ministry of Human Resources and Emiratization system (electronically) of depositing the amount of the guarantee paid according to the activity, with a copy of the bank guarantee attached to the system in accordance with the requirements of the guarantee governance mechanism.
5. Details of the guarantee paid according to the activity are reflected in the Ministry's systems, then the final approval for the license is issued
6. Customer prints the license from the Ministry's systems and reviews the systems concerned with the commercial license