IBM Global makes opening a non resident personal bank Account in Dubai or UAE very simple and uncomplicated. Easily manage your day-to-day financial transactions.
Businesses as well as individuals can open non-resident bank accounts in the UAE. However, if you need to open a corporate bank account in UAE you need to set up a business in Dubai or any other emirate in UAE. On the other hand, a personal account can be opened under a personal name of an individual.
In order to open a personal bank account, you need to visit UAE, and submit an application for account opening to the bank concerned.
In order to apply for a bank account as a non-resident, you have to visit the UAE bank of your choice with the following set of personal documents:
Our team of banking experts will review these documents and will arrange a meeting with banker for you to sign on the application forms. Usually, it takes 1-2 weeks to open an account, but the time frame varies from bank to bank. Once the bank approves your account, the bank will send you a formal email with your account details and online banking instructions.
Having a non-resident account enables you to have the following facilities:
A non-resident account in UAE is helpful in the following cases
The UAE banking system is highly regulated, and is safe and secure. You can easily access your account via internet and telephone banking. Further you get 24x7 customer support.
Non-residents can open only a savings account without any cheque facility
Recent utility bill, original reference letter from another bank where the applicant has an account, most recent six-month personal bank statement and details about the source of incoming funds.
We have the best bank liaising team in Dubai who deal efficiently with the banks to open your personal bank account very fast and without any hassles.