How to open a Bank Account Online in UAE

Nowadays, Opening a bank account online is a wise choice, moreover its quick, easy and contactless banking with touchless interactions. It can take just few minutes and you don’t have to visit a bank branch for it.

As leading UAE banks are pushing for digital and online only banking channels, in near future it may be your only option. The top online banks are Liv Emirates NBD & Neo by Masheq, they offer higher rates than typical bank branches, and they charge low or zero fees.

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What do you need for opening a bank account online?

Here’s the documentation you’ll need to open a bank account online in UAE:

  • Emirates ID

  • Valid Passport 

  • Valid UAE Residence Visa

What information do you need to provide while opening a bank account?

Once you download the official app of your selected bank you have to fill-up the form, bank may ask you to provide below details

  • Name.
  • Mobile Number
  • Emirates ID number
  • Date of Birth
  • Employment Details
  • Address in UAE & Home Country
  • Contact information

Why should you Open a Bank Account online?

  • You don’t need to visit a branch, you can open your  Account online

  • Simple online account opening

  • Instant Online Banking and Mobile Banking access

  • No Monthly fee or Minimum balance required

  • Free Debit Card and Cheque Books

  • Free Remittance through Online banking and Mobile Apps

How can you deposit money in to your online only Bank account?

When you open bank account online, you need to make an an initial deposit usually by  transferring from your existing bank account.

If your bank is online only, you may also be able to fund with a check or pay order.

if in case ,your bank has local branches like Emirates NBD for Liv or Mashreq Neo, you can also visit their ATM/CDM or visit Branch to deposit cash.

Best bank accounts in uae that you can open online ?

  1. Liv Account by Emirates NBD
  2. Neo Account by Mashreq Neo
  3. Hayyak Account by ADCB
NoBank Account NameApp Download Link
1Liv by Emirates NBDhttps://play.google.com/store/apps/details?id=com.liv.android
2Mashreq Neohttps://play.google.com/store/apps/details?id=com.mashreq.NeoApp
3ADCB Hayakhttps://play.google.com/store/apps/details?id=com.adcb.cbgdigi
 

What are the basic minimum eligibility criteria to open a bank account online ?

 
  1. You must be a Resident or Citizen of United Arab Emirates
  2. Your Age must be 18 years and Above

Best offers for opening a new UAE bank account – Expired

Open an Account with ADCB

Bonus Touchpoints with ADCB

Benefits: Customers opening a Millionaire Destiny Savings Account through ADCB’s personal internet banking will receive four additional chances to win Dh1 million in the account’s monthly draw. Applicants will also earn 15,000 bonus Touchpoints in the bank’s reward programme. Points can be redeemed for shopping vouchers, air miles or to pay utility bills.

Open an Account with Emirates NBD

Login and win at Emirates NBD

Benefits: Open a new online and mobile banking account with Emirates NBD and receive a chance to win cash prizes. Higher balances increase your odds of winning, with up to 50 winners selected in the drawing. Three will receive Dh25,000 and 47 will receive Dh2,000 each. The offer also applies to those applying for personal loans.

CheckPoint: The promotion ends on December 31.

Open an Account with Dubai Islamic Bank

An Apple watch or iPhone 6 with DIB

Benefits: Sign up three friends to become Aayan exclusive banking customers at Dubai Islamic Bank and receive an Apple Watch or an iPhone 6. To qualify for Aayan banking, customers must transfer a minimum salary of Dh35,000 or maintain a minimum balance of Dh350,000 in the account.

CheckPoint: Participants will receive their chosen Apple device 30 days from the last Aayan account opening date, provided all three accounts are active.

Above Info. Sources : ADCB, DIB ,EMiratesNBD & The National Websites

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