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NBS Services LLC Business Bay, Opal Tower Amazon Business Center 1403, Office 23 P.O Box: 97450, Dubai, UAE

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Opening a savings bank account for non-residents, for citizens of non-sanctioned countries

Opening a savings bank account for non-residents, for citizens of non-sanctioned countries

The UAE is an international financial center with a reliable and stable banking system, which makes it a desirable place to invest and store funds. Opening a savings bank account in the UAE for non-residents, especially for citizens of countries that are not under sanctions, is a rather attractive and promising step to preserve and increase their financial resources.

To open a savings bank account in the UAE for non-residents, there are certain requirements and procedures that need to be followed. First, it is necessary to choose a suitable bank that provides services for non-residents (foreign clients) and has the appropriate licenses. Next, a number of documents will need to be submitted:

  • Copy of the applicant’s passport
  • Documents confirming the source of income of the funds to be deposited in the account
  • Bank statement from the current account for the last 6 months
  • Completed resume of the applicant indicating education and professional experience.

In addition, some banks may require additional documents in the form of a business plan, other financial reports, an application form or a personal interview with representatives of the financial organization.

Our company offers the service of OPENING AN ACCOUNT REMOTELY!

NBS Services specialists guarantee a positive solution of the issue and obtaining a debit card in the bank of the client’s choice as soon as possible. Contacting the company will help to avoid mistakes in selecting a bank, filling in forms and the established document flow.

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