{"id":1402,"date":"2020-12-13T07:42:47","date_gmt":"2020-12-13T03:42:47","guid":{"rendered":"https:\/\/moneymall.ae\/credit-blog\/?p=1402"},"modified":"2020-12-13T07:43:14","modified_gmt":"2020-12-13T03:43:14","slug":"non-resident-bank-account-in-uae","status":"publish","type":"post","link":"https:\/\/moneymall.ae\/credit-blog\/non-resident-bank-account-in-uae\/","title":{"rendered":"What to do with the bank account if you are moving out of UAE? Non Resident bank account in UAE"},"content":{"rendered":"

The United Arab Emirates is one of those countries which have the maximum population of Expats. With thousands of people coming to UAE every year for both personal as well as professional reasons, one of the most important tasks for them is setting up a bank account. If the applicant has the required documents and meets all other eligibility criteria, getting a regular bank account is quite a simple process after all.<\/span><\/p>\n

However, while moving out of UAE, most people prefer to close their bank account if they have no plans of residing in the Emirates again in the near future. But, if they do have an ongoing business or other financial reasons, they may have to keep a bank account active for their financial activities. <\/span><\/p>\n

This is why banks are offering non-resident bank accounts in UAE where the account holders can continue with the account activities though they are not residents anymore.<\/span><\/p>\n

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