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Altharaa Dubai

Ad Posted Date
Ad Posted Date is May 12, 2023
Ad ID:
Ad ID is ATD-17415
Ad Title
HOW TO OPEN BANK IN DUBAI
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How to open a bank account in the UAE as an expat
Establishing a banking relationship in the UAE is quick and efficient. In general, the process takes anywhere from a day or two to a couple of weeks, depending on the kind of account. Different accounts require different documents.

Expats can open bank accounts in the UAE within a couple of working days. As a resident, the basic requirements for opening a personal savings or current account are:

Your original passport plus a copy
A copy of your visa page proving you are a resident of the UAE
A salary certificate (get one from your companyโ€™s HR department)
Certain banks may ask for yourย Emirates IDย card, but you can usually provide this later if you havenโ€™t received it yet. Instead, they may just ask for a copy of your Emirates ID registration form.
Non-residents may only open savings accounts. While you wonโ€™t be able to ask for a checkbook, you will, however, be given a debit card to withdraw money. In addition, non-resident accounts are subject to a minimum and/or maximum balance. A bank may also decide to run a background check before allowing you to open an account.

In addition, non-residents may be asked for the following documents:

Latestย utility bill
An original reference letter from another bank where the applicant has an account
The most recent six-monthly personal bank statement from the applicantโ€™s country of origin or anywhere in the world
Information on the source of incoming funds

Contact Details
  • 00971564007952
  • info@altharaadubai.com
Location
  • Dubai International Airport, Airport Rd, Dubai, Dubai, United Arab Emirates

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