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Opening a bank account in the United Arab Emirates

Julien

Hi all,

is it difficult for °µÍø½ûÇøs 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 °µÍø½ûÇøs regarding the services (loans for instance)  ?

Which bank would you recommend ?

Thanks in advance for your participation,

Julien

See also

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Sandman6

Julien wrote:

Hi all,

is it difficult for °µÍø½ûÇøs 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 °µÍø½ûÇøs regarding the services (loans for instance)  ?


- Credit cards, personal loans and many other financial services are available to any °µÍø½ûÇø 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