From what I recall, it's a pretty standard process.
- Utility bill for address
- Emirates ID
- Source of funds (proof of employment,. 3 months bank statements, payslip)
- Tax residence
Depending on your situation they may ask for more information. If you run your own company, you may be asked for your trade license, what your activity is and so on.
Again, this is normal stuff.
I will add (without elaborating), their compliance/
kyc procedures are not on par with an international bank.
Your funds, up to GBP 85,000, are protected and fully insured.
From my perspective, the most interesting thing with Nomo Bank are their term deposit rates. Among the highest I have seen. And that's in addition to preferential rates I've been quoted.
I think ADCB Nomo, Al HIlal Nomo and Nomo Bank are all the same.
According to the press release it's a partnership between the three.
I just went on Nomo Bank's website and opened the account directly through them.
Nomo Bank has partnered with Abu Dhabi Commercial Bank and Al Hilal Bank, to bring digital UK banking to UAE nationals and residents.
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