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UAE Banks - personal USD account
- Thread starter mike400
- Start date
ENBD, RAKBANK, Dubai Islamic, Mashreq.
If you don't have a EID the above only open for private bank relationship.
Citi, HSBC, Standard
It you already have some link to them outside the UAE.
In general if somebody gets his EID through company sponsorship we open always try business account first and with the same bank meeting making the application for the personal account so that it makes sense for the bank to open the personal account
Very easy, if you are asking about a personal account and have visa. If you are not resident in UAE, you could still open account with a large deposit. I could help with that.
Do you know at which branch? I'm under time pressure, as I only have 1 business day in Dubai left.
(I tried calling them, but there's no human operator available
)
Most of the bankers don't open for self employed, maybe it's more work for them or whatever the reason.
Trying going to any branch in a mall, they are more lenient. Its what i have experienced from enbd.
Mall branches are open for longer period of time as well.
You could have a different experience but nothing wrong in trying.
Trying going to any branch in a mall, they are more lenient. Its what i have experienced from enbd.
Mall branches are open for longer period of time as well.
You could have a different experience but nothing wrong in trying.
What's a large deposit in the Sheiks Eyes?
Depends on the case, 6 figures in Euros.
If you can, best is to go directly at their main/central office in Dubai, which is located at the (conveniently named) ADCB metro station (green line). It takes about 48-72h for the 'welcome package' to get to your door (debit card included). Needless therefore to say it's not possible to get anything done in 1 day.Do you know at which branch? I'm under time pressure, as I only have 1 business day in Dubai left.
(I tried calling them, but there's no human operator available
Only thing you can get in 1 day is a prepaid card from any of the issuing banks (not all of them offer it), but not a full bank account setup.
Hope this helps.
NVO
Do you know at which branch? I'm under time pressure, as I only have 1 business day in Dubai left.
(I tried calling them, but there's no human operator available
Ok will share a secret, City Walk Branch will open account and give you a card within 10 minutes.
If I am not mistaken, every bank will give you a card the same day, if you come to the main branch.
I dont know, there you will talk with a bank clerk on cam, leave your fingerprints and card will be printed and handed to you at the end of the call. Its the new ”smart” bank office.
In city walk you can also do EID medical and receive report instantly through smart medical center.
For local banks I would stick with: FAB or ADCB.
If you care about low transactions fees for USD payments to US e.g. USD bank wire deposits to IBKR US, the current lowest and tested bank is Standard Chartered. Citibank could come handy too for USD payments.
If you care about low transactions fees for USD payments to US e.g. USD bank wire deposits to IBKR US, the current lowest and tested bank is Standard Chartered. Citibank could come handy too for USD payments.
I didn't know this, will check it out, thanks for the tip!
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