Bank Account in UAE for Non Residents
Opening a bank account in UAE for non-residents can be a deliberate move for those looking to draw on the benefits of Dubai’s evolving economy and business-pro climate without actually living in the Emirate. A non-resident account in the UAE offers a multitude of features such as an online banking portal, debit cards, smooth international transactions, etc. Although the process includes some stringent paperwork, the advantages and opportunities make it all worthwhile.
How to Open Bank Account in UAE for Non-Residents
Foreigners can open bank accounts in Dubai in personal, corporate, or business categories.
To open a personal bank account in the UAE as a non-resident, the following documents are mandatory:
Personal Bank Account:
- Please send a copy of your passport, including the page showing the immigration stamp on the date of your entry into the UAE.
- A copy of your latest curriculum vitae (CV). This should reflect your professional profile.
- The original copy of a reference letter from the bank where you hold a personal or corporate account in your country of origin or elsewhere.
- Your bank statement from the last six months
- A copy of your most recent utility bill
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