Opening a Bank Account in Dubai as a Non-Resident (2025 Expat Guide)

Moving to Dubai or planning an extended stay? Among the many things to arrange, setting up a local bank account should be near the top of your to-do list. It simplifies managing your money, paying bills, and receiving your salary.

However, the type of account you can open depends on your residency status. Non-residents face some restrictions, but there are still reliable banking options available. This guide explains everything you need to know — from eligibility and documents to the best banks for expats.

Do You Need a Bank Account in Dubai?

While it’s not legally required, a local account is highly recommended. Under the Wage Protection System (WPS), salaries in Dubai must be paid into a UAE bank account. You’ll also need one to rent a property, apply for a loan, or manage recurring expenses with ease.

Can Non-Residents Open a Bank Account in Dubai?

Yes — but options are limited. Non-residents are typically restricted to savings accounts, as current accounts are only available to UAE residents.

Types of non-resident accounts include:

• Savings accounts
• Multi-currency accounts
• Offshore accounts

Required documents:

• Passport copy with UAE entry stamp
• Proof of UK address (utility bill/bank statement)
• Reference letter from your UK bank
• Proof of income (payslip or tax return)
• Initial deposit (usually AED 3,000–25,000 / £660–£5,500 depending on the bank)

Important considerations:

• Minimum balance requirements are often higher.
• Features may be restricted compared to resident accounts.
• Most banks require you to visit a branch in person to finalize your application.

How to Open a Bank Account as a Foreigner

Opening an account before residency is possible, though slightly more complex. You generally have three options:

1. Traditional banks (in-person required):
   • Emirates NBD, ADCB, Mashreq, Standard Chartered
   • Must visit a branch for verification
2. International or offshore banks (some allow remote setup):
   • HSBC Middle East (remote setup possible for existing HSBC clients)
   • Standard Chartered (remote for priority clients)
   • Mashreq Neo & Liv. by Emirates NBD (digital apps, usually require residency)
3. Offshore bank accounts (remote possible, high deposits):
   • Some UAE banks allow remote offshore accounts but often require AED 100,000+ (£21,500+) minimum balance.

Documents Needed for Residents

Once you hold a residency visa, you can open both current and savings accounts. Typically required:

• Passport copy
• Residency visa
• Emirates ID
• Last 6 months of bank statements
• Utility bill for proof of address

Some banks may also request:

• Employment letter
• Bank reference letter
• Updated CV

For business accounts, expect additional paperwork such as trade licenses and company incorporation documents.

Why Open a UAE Bank Account?

Here are the main benefits:

• Easier transactions – salaries, bills, rent, and daily payments
• Access to financial services – loans, credit cards, mortgages
• Avoid exchange fees – transact in AED directly
• Online banking convenience – manage money anytime, anywhere
• Potential savings growth – competitive interest rates

Minimum Deposits: How Much Do You Need?

Here’s a quick look at deposit requirements for non-resident accounts:

Bank	Minimum Balance	Notes
Emirates NBD	AED 3,000 – 50,000	Varies by account type
Mashreq Bank	AED 10,000 – 100,000	Higher for non-resident accounts
ADCB	AED 5,000 – 50,000	Multi-currency options
HSBC Middle East	AED 100,000	Priority clients only
Standard Chartered	AED 25,000 – 100,000	Premium services

Can You Open an Account Without Income?

Most banks require proof of income, but non-residents can still open savings accounts without a salary. This option suits students, freelancers, or those planning future residency.

Can You Open a Dubai Bank Account Online?

Yes — but availability depends on your residency status.

• For residents: Many banks let you apply online via apps (Emirates NBD, Mashreq, ADIB). You may still need an in-branch verification.
• For non-residents: Limited to savings accounts with select banks (RAKBANK, Emirates NBD, Mashreq). Typically requires scanned documents and a relationship manager’s support.

Best Banks for Expats in Dubai

Some of the most popular choices include:

• Emirates NBD: Large ATM network, mobile app, overdraft options
• First Abu Dhabi Bank (FAB): Premium accounts with travel perks
• ADCB: Strong online banking services
• Dubai Islamic Bank (DIB): Sharia-compliant accounts
• ADIB: High withdrawal limits, user-friendly app

International banks with UAE presence: HSBC, Standard Chartered, Citibank.

Fees and Balance Requirements

Most UAE accounts require maintaining a minimum balance (AED 3,000+). Falling below this may result in penalties.

Zero-balance account options include:

• Mashreq Happiness Account
• ADIB Smart Banking Account
• Commercial Bank of Dubai ESaver
• FAB iSave Account
• RAKBANK Fast Saver Online
• HSBC Esaver
• Emirates NBD Liv. Account

Final Thoughts

For expats and non-residents, opening a bank account in Dubai is achievable, but it requires careful planning. Savings accounts are usually the starting point, with full current accounts available once residency is secured.

A local account will make managing your finances simpler, give you access to essential services, and help you settle into Dubai with confidence.