Open your bank account in Dubai for personal use without any difficulties.
A personal bank account is an indispensable tool to living in Dubai, be it for making online payments or receiving a monthly salary. Setting up an account is easy, and can be accomplished by visiting any local bank branch and providing the required documents. It’s also easy to open a Dubai bank account online.
Residents – whether employed by a company or self-employed – can choose from local, regional and foreign banks in Dubai. Most have branches in all major areas of the city, with an abundance of easily accessible ATMs. All banks provide 24/7 online banking as well as via proprietary banking apps.
Additionally, banks offer a wide range of privileges on debit and credit cards. These include discounts at restaurants, the cinema and local attractions, or free money transfers, better interest rates on loans and more, depending on the bank and the type of account.
Choosing the right bank to open an account in Dubai requires careful consideration of several factors. It’s important to assess accessibility, account features, associated costs, and additional benefits to find the best fit for your financial needs. While many companies have designated banking partners for salary deposits, individuals can still open personal accounts with other banks based on their preferences.
Applicants must be at least 18 years old to open an account
Valid proof of identity, like a passport or Emirates ID
Some banks require a minimum salary to open a Dubai account
Most banks require a minimum amount to be maintained
Ideal for frequent use, including day-to-day bills and expenses, ensuring seamless transactions and easy access to funds. Usually, this is a zero-interest account but comes with a chequebook.
Valid proof of identity, like a passport or Emirates IDDesigned for putting aside money and accumulating funds over time. Usually, this type of account does not come with a chequebook, but deposits can accumulate interest over time.
This is an account usually operated by two individuals, most commonly married couples. In the UAE, to open a joint account, both individuals need to be physically present in the country and have valid residence visas.
This is an account to which an employee’s salary gets credited, usually opened at the company’s preferred bank. Generally, a minimum salary of AED3,000 is required to open a salary account, but in general, it is not mandatory to have one.
Setting up a bank account is a straightforward process that requires selecting the right bank, submitting documents, and following the necessary steps. Here's what you need to do:
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