Top 10 Banks In The UAE & General Requirements To Bank In The Country
As complicated as it seems for an outsider, the banking system in the UAE is actually pretty straightforward. Whether you are planning to move to the UAE or you have just become a resident, the necessity of a bank account is obvious. While cash is still in use, most vendors accept card payments, not to mention the possibility to shop online or get your wages transferred – you are less likely to get a salary in cash.
Despite an intuitive process, becoming familiar with the banking system in the UAE is highly recommended before trying to open an account. Just like you have probably guessed already, there are certain requirements you must meet. Furthermore, you will need certain documents and an overview of the local banks in order to...