Dubai City Information Site

Opening a Bank Account in Dubai




Hi, Sunil here to help you open a bank account in Dubai

This is not a desire or a want, it is a need and everyone must have a Dubai bank account.

The banking system is the backbone of any and every solid economy around the world.

It is the channel through which we all conduct business today.

There are no exceptions to this.

Banks in Dubai are no different.

Below are some of the services offered by most Dubai banks:
  • Personal Loans
  • Business / Investment Loans
  • Personal Vehicle Loans
  • Credit Cards
  • Mortgages / Home Loans
  • Online Banking
  • Commercial Lending (automotive dealership financing etc)
  • Commercial Finance (construction and asset backed lending)
  • Customer Deposits (savings, CDs, etc)

There are multinational banks in Dubai as well as local banks. Below is a list of some of the bigger ones of each (names as of 2007):

Multinational Banks in Dubai

  • Citi Bank
  • Barclays Bank
  • ABN-Amro
  • HSBC
  • Standard Charted Bank
  • Lloyds TSB

Local Banks in Dubai

  • National Bank of Dubai
  • Dubai Islamic Bank
  • Emirates Banking Group
  • Mashreq Bank

Opening a Bank Account in Dubai?

Visitors cannot open a bank account. You will need a resident visa to open a Dubai bank account. If you work in Dubai or are hired by a Dubai employer and have to go there to work, your company should be able to arrange a bank account for you. Most companies already deal with a preferred provider for their employees. I highly recommend this route if you want to avoid the hassle.

Anyone else can simply apply at any bank. For example, if you do not work but own a property in Dubai and therefore have a residents visa, you can still apply to open bank account.

Two major documents are needed. Your passport with a visa stamp showing residency in Dubai as well as a letter of employment with your salary figure from your employer. I recommend making several copies of this letter and keeping it safe at home. You will need it for other things as well (i.e. applying for a credit card).


Read About Dubai Currency Here






Search This Site:

The most comprehensive and practical guide to landing your dream job in Dubai.

Dubai Job Guide


* * * * * * * * * * * * * * * * * *

Abu Dhabi Jobs Guide

Land your dream job in Abu Dhabi with this Step by Step guide prepared by experts.

Abu Dhabi Job Guide


* * * * * * * * * * * * * * * * * *

Business Start Up Guide

Start a Business in Dubai, Abu Dhabi or anywhere in UAE

Start a Business in Dubai, Abu Dhabi, UAE


* * * * * * * * * * * * * * * * * *

FREE Dubai Tourism Brochure

Request your free Dubai tourism guide brochure today at no cost. We hope that you enjoy this free perk.


Dubai City Information Blog

Receive Automatic Updates!

Subscribe to the Dubai City Information Blog...






Your kind donations will keep this Free Website and its related Blog and Newsletter going & growing...

| Homepage | About Us | Contact Us | Turn Your Hobby Into a Living Like We Did! | Privacy & Disclaimer |
| Cool Souvenirs | Dubai Book Review | Dubai City Blog | Newsletter | Dubai News | Pictures of Dubai | Dubai Controversies | Your Personal Stories |
| Site Map | Post Local Events for Free | Dubai Vendor Reviews | Bookmark This Site |

Copyright © Dubai-Information-Site.com
All Rights Reserved


Return to top | Website design by SBI!


Valid HTML 4.01 Transitional Page copy protected against web site content infringement by Copyscape