Opening a bank account in the United Arab Emirates

Post new topic

Julien Founder

Member since 11 March 2005

17 years of happy life abroad

JulienFounder28 September 2011 07:43:18

52747

Hi all,

is it difficult for expats to open a bank account in the United Arab Emirates ?

Which documents are required to open a bank account in the United Arab Emirates ?

How long does it take to open it ?

Is there any restriction for expats regarding the services (loans for instance)聽 ?

Which bank would you recommend ?

Thanks in advance for your participation,

Julien

Sandman6 ViP

Member since 17 May 2009

Rocking in the free world

Sandman6ViP28 September 2011 08:14:44

1863

Julien wrote:
Hi all,

is it difficult for expats to open a bank account in the United Arab Emirates ?

Easy - walk in with the correct documents, sign the forms and you're done

Which documents are required to open a bank account in the United Arab Emirates ?

- Passport original with residence visa, original confirmation of salary letter from employer

How long does it take to open it ?

- It can be done while you wait, but normally allow 3-4 days.

Is there any restriction for expats regarding the services (loans for instance)聽 ?

- Credit cards, personal loans and many other financial services are available to any expat who meets the requirements. These vary from bank to bank

Which bank would you recommend ?

There is a wide choice and all offer similar services. Shop around for the best deal that suits you.

Thanks in advance for your participation,

Julien

Articles to help you in your expat project in the United Arab Emirates

Opening a bank account in the United Arab Emirates
As an expatriate living and working in the United Arab Emirates, you will need a local bank account to receive ...
Opening a bank account in Dubai
In Dubai, opening a bank account is not complicated. You simply need to ensure that you meet some of the ...
Accommodation in Abu Dhabi
Accommodation is your next step after securing a visa to fully settle into your new life as an expat in Abu Dhabi. ...
Dating in the United Arab Emirates
The expat population in the UAE makes up close to 90%, which means you will be living in a vibrant international ...
Internet in the United Arab Emirates
According to the Global Media Insight report, in 2023, 10.07 million out of the UAE's population of 10.17 million ...
How to develop your social circle in Abu Dhabi
Expats in Abu Dhabi can establish a social network through various ways, such as joining expat groups online and ...
Working in Abu Dhabi
Abu Dhabi has joined its neighbor emirate of Dubai in being a hotspot for tourists and expats moving for work ...
Buying property in Abu Dhabi
The United Arab Emirates has 9.06 million expats, and most of them spend about 30 to 50 years in the country ...