What to know about banking and financial services in Dubai

Setting up a bank account in Dubai is essential for managing your finances.

Opening a bank account

To open a bank account, you’ll need your Emirates ID, passport, and proof of residence such as an Ejari certificate or tenancy contract. Some banks may also require a minimum deposit.

Banks such as Emirates NBD, HSBC, and Standard Chartered offer expat-friendly services.

Types of accounts

You can open a current account, which offers easy access to funds and transactions, or a savings account to earn interest on your deposits.

Credit and debit cards

Once your bank account is open, you can apply for a debit card or credit card. These cards are widely accepted at stores and online.

Banks may offer special credit cards for expats, with benefits such as travel rewards and discounts on local services.

ATMs and branches

Dubai has a wide network of ATMs and bank branches. Most banks provide services in multiple languages and offer 24/7 access to cash via ATMs.