Current Account in United Arab Emirates

Expats can open a current account in the United Arab Emirates as long as they are able to submit documents that prove their residency status and current job situation in the UAE. Expatriates should also bear in mind that a residence visa is a mandatory requirement when opening a current account. If expats are still waiting for their residence visas to be released, banks in the UAE do permit opening a savings account ahead of time. 

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Day-to-day cash management in different currencies around the world.
As an expatriate you benefit from our preferential fee structure “Expat Investors”:

  • No transfer fees for bank transactions
  • Reimbursement of transfer fees charged by your bank
  • Reduced foreign exchange fees
  • 50 % discount on the annual account management fees
  • 50% discount on the annual fees for an international bank card (Visa, Mastercard)

Minimum requirement
EUR 50,000
Payment methods
International debit and credit card, deferred debit cards available
Multi currency account
26 currencies: euro, US dollar, pound sterling, Swiss franc, Singapore dollar, Hong Kong dollar, etc.
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