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UAE Residence Bank Account

UAE Residence Bank Account

In simple terms, a corporate account is a type of bank account dedicated for businesses. While personal accounts may have certain restrictions, company accounts can be used to record business expenses, store and manage your company’s funds.

 

Elite Non Residence & UAE Residence Personal Bank Account

The United Arab Banks offers Elite Personal Bank Account for Non-Residence with 8 Multi Currency in (Off-shore) Dubai UAE. 

Elite Personal Bank Account for UAE Residence along with 8 Multi currency and one additional Off-Shore account in Singapore, London New Jersey

Documents required to Open Bank Account for Non-Residence & UAE Residence

Non-Residence-Required Documents.
Original Passport
Home Country Residence Id
Any Utility Bill
NOC/Referrence Letter From Home Country Bank
Last 3months Online Bank Statement
Self-Employed Require Copy Of Business Licence
Salaried Required Salary Certificate and last 3months Pay-slips
Resume
 
UAE Residence- Required Documents
Orignal Passport Emirates ID
Any Utility Bill
Last 3months Bank statement
Resume

What are the Benefits of Non- Residence Bank Account & UAE Residence?

Following the Opening of your Non-residence and UAE Residence Bank Account, you will be qualified for features & benefits.

 

  1. Banking online
  2. Debit Card
  3. Cheque Book
  4. Multi Currency
  5. Off-Shore Account
  6. Personal Relationship Manager
  7. 24×7 customer services all over the globe

How do you open a non-residence & UAE Residence Bank Account?

Copies of the above mention documents, bearing the applicant’s signature on the application forms, will be taken by the concerned bank. Depending on the bank, the account opening process will take 24 to 48 Hours. Following account approval, the relevant bank will send you a formal email containing your account information and instructions for using online banking.

Documents required to Open Bank Account for Non-Residence & UAE Residence

Non-Residence-Required Documents.
Original Passport
Home Country Residence Id
Any Utility Bill
NOC/Referrence Letter From Home Country Bank
Last 3months Online Bank Statement
Self-Employed Require Copy Of Business Licence
Salaried Required Salary Certificate and last 3months Pay-slips
Resume
 
UAE Residence- Required Documents
Original Passport Emirates ID
Any Utility Bill
Last 3months Bank statement
Resume

What are the Benefits of Non- Residence Bank Account & UAE Residence?

Following the Opening of your Non-residence and UAE Residence Bank Account, you will be qualified for features & benefits.

  1. Banking online
  2. Debit Card
  3. Cheque Book
  4. Multi Currency
  5. Off-Shore Account
  6. Personal Relationship Manager
  7. 24×7 customer services all over the globe

What characteristics does a Free zone Business Account have?

Accounts for businesses in the Free zone can accept local currency deposits. Businesses in free zones can use debit and credit cards. In a free zone, businesses are allowed to take payments from anywhere and spend the money locally. Businesses that operate in free zones are not subject to the VAT fees that are payable during port-to-port transactions. However, if the goods are sold within the UAE, the company must register for VAT.

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