Opening a bank account in the UAE while residing in Saudi Arabia is now possible through Emirates NBD Bank. By opening a UAE bank account, you gain access to a range of benefits, including convenient transactions in AED currency, ATM cash withdrawals, savings options, and investment opportunities in the UAE stock and real estate markets.
Requirements
To open a UAE bank account, you will need to fulfill the following requirements:
- Salary certificate: Obtain a salary certificate stamped by the Chamber of Commerce.
- Passport copy: Provide a copy of your passport.
- Saudi Iqama: Submit a digital copy of your Saudi Iqama.
- House rental contract: Present a valid rental contract for your residence.
- Bank statement: Provide a bank statement stamped by your bank, covering the last six months.
- Saudi Arabia national address: Provide a printout of your Saudi Arabia national address.
- Electricity bill: Submit an electricity bill registered under your name.
- Minimum salary: Your minimum salary should be at least SR 15,000.
Step-by-Step Guide
Follow these simple steps to open a UAE bank account from Saudi Arabia:
- Locate the nearest Emirates NBD branch in Saudi Arabia and visit the bank in person.
- Upon arrival, obtain a token to secure your place in line and wait for your turn.
- When it’s your turn, communicate to the bank officer that you wish to open a UAE bank account and provide them with the necessary details.
- Complete the Emirates NBD Bank – UAE application form with accurate and up-to-date information.
- Gather all the required documents mentioned earlier and submit them along with the completed application form.
- Your documents and application will be sent to the UAE Head Office for further processing and approval.
- The approval process typically takes around two weeks to complete.
- Once your application is approved, you will receive a notification, and you can then download the Emirates NBD UAE application form.
- Use the downloaded application form to log in to your newly opened UAE bank account.
By following the steps mentioned above and providing the necessary documents, you can gain access to the benefits of banking in the UAE.
