Get a free consultation with a personalized review of your situation
By clicking the "Get a Consultation" button, you agree to the Privacy Policy
How to open a bank account in Dubai
The UAE banking system is represented by the largest organizations that are included in the world ratings for reliability and prestige. Not only residents and citizens of the country, but also foreign investors and businessmen seek to open an account here.
When choosing a bank, you should look at important factors such as:
- service and credit terms
- list of required documents
- transaction fees and withdrawal terms
- accumulation of interest on the account balance
- availability of brokerage services
- possibility of opening multi-currency accounts, interaction with other banks
- existence of penalties for violations and possible reasons for closing the account
- availability of a mobile application with online services
- speed of processing requests and operations
Emirates NBD is one of the largest banks in the UAE. It is famous for its high-class level of service and security, as well as adequate interest rates. The main services are the same as in most similar institutions: conducting transactions, portfolio management, financial advice from specialists, etc.
In addition to NBD Bank, you should also pay attention to FAB, Abu Dhabi Commercial Bank, Dubai Islamic Bank, Emirates Islamic Bank, Mashreq and others.
Choosing a bank is extremely important for business and personal purposes. Each has its own regulations and distinctive service features. But they all have one important requirement for customers - a resident visa and Emirates ID. Terms of account opening procedure for an individual - 1-2 days, for a company - from two weeks to a month.
Sign up for a free consultation with our specialist and find out how to open an account and which bank is suitable for your purposes.
In addition to NBD Bank, you should also pay attention to FAB, Abu Dhabi Commercial Bank, Dubai Islamic Bank, Emirates Islamic Bank, Mashreq and others.
Choosing a bank is extremely important for business and personal purposes. Each has its own regulations and distinctive service features. But they all have one important requirement for customers - a resident visa and Emirates ID. Terms of account opening procedure for an individual - 1-2 days, for a company - from two weeks to a month.
Sign up for a free consultation with our specialist and find out how to open an account and which bank is suitable for your purposes.
Get a free consultation
with an individual analysis of your situation
By clicking on the "Get a consultation" button, you agree to the Privacy Policy
Might be interesting:
«Legal and accounting services in UAE»
© Uae-openbiz. All rights reserved
BUSINESS SERVICES