Opening a bank account is one of the first things expats do after moving to the UAE. It is only after setting up a bank account that you can begin to pay rent, receive a salary through an electronic transfer, apply for a credit card and conduct business. In theory, opening up a bank account is a standard process when settling into a new place; however, many people quickly find out that the procedures and guidelines in the UAE are quite different from those of their home countries.
Once you decide to proceed with the account opening, it’s important that you know the requirements for opening an account; note that these will vary from bank to bank.
Get your documents in order
For a personal account, a residency visa and Emirates ID card are important documents you need to get this process started. However, you can also present the registration form as proof that your documentation is under process as most banks may accept this in lieu of the finalized documents.
Other items that should be on your application checklist for opening a personal bank account include an original passport (with UAE entry stamp) and a passport photo.