Types of bank accounts in the UAE

Opening a bank account in the United Arab Emirates is incredibly easy

There are four types of banks that operate in the UAE, Where You can open your bank Account.

– Commercial banks – Investment banks – Industrial banks – Islamic banks

As with other countries, banks in the UAE offer several different types of personal accounts for residents and non-residents alike.

-Current accounts -Savings accounts -Investment accounts -Offshore accounts

If you need a bank account for commercial reasons, you’ll need to establish a company first and then open an account. 

UAE regulations do not allow you to do business through a personal account.

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