Updating Bank Account Signatories

To update the signatories for bank accounts at Dubai Islamic Bank (DIB) in accordance with your company's governance structure, you will need to follow these steps:
*. Prepare Official Documentation:
- Ensure you have the updated Memorandum of Association (MOA) for Saeed Ahmed Lootah & Sons Group (PSC).
- Draft a formal letter requesting the update of signatories, specifying the companies involved and the new signatories.
*. Submit Documentation to DIB Bank:
- Visit the branch of DIB Bank where your accounts are held.
- Submit the formal letter along with the updated MOA and any other required documents (e.g., identification of the new signatories).
*. Bank's Internal Procedure:
- The bank will review your request and verify the documents.
- They may require the presence of the new signatories for verification and to complete any necessary formalities.
Would you like contacts or specific addresses for any of the DIB Bank branches?

Certainly! Here's a draft of the letter you can use to update the signatories for your bank accounts at Dubai Islamic Bank (DIB):
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[Your Company Letterhead]
[Date]
To:
Dubai Islamic Bank
[Branch Name/Location]
Dubai, UAE
Subject: Update of Signatories for Bank Accounts
Dear Sir/Madam,
We, Saeed Ahmed Lootah & Sons Group (PSC), formally request the addition of the signatories of our holding company to the bank accounts of the below-listed companies. This request is in accordance with our governance structure, and we kindly ask that you update your records accordingly.
The power and authority of the signatories will remain as outlined in the Memorandum of Association (MOA) of Saeed Ahmed Lootah & Sons Group (PSC). The signatories of the holding company are authorized to act on behalf of the listed companies, and we request that their signatures be recognized for the following bank accounts:
*. [Company Name *]
*. [Company Name *]
*. [Company Name *]
Enclosed with this letter, please find the updated MOA and identification documents for the new signatories.
We appreciate your prompt attention to this matter and look forward to your confirmation of the update.
Thank you.
Sincerely,
[Your Name]
[Your Position]
Saeed Ahmed Lootah & Sons Group (PSC)
[Contact Information]
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Make sure to replace the placeholders with your specific details. Let me know if you need any further assistance!