You can open personal or company bank accounts in any local or foreign bank operating in the UAE. Use of International Bank Account Number (IBAN) is mandatory for all transactions and wire transfers from and to the UAE.

Documents required:

• Passport copy
• UAE visa copy
• Emirates ID copy
• Salary certificate or NOC letter from sponsor
• Trade licence copy (for a company)
• Additional requirements may apply on a cases to case basis

Related links:

• UAE Central Bank
• List of all banks in the UAE    
• Decretal Federal Law No. 14 of 2018 Regarding the Central Bank & Organization of Financial Institutions and Activities (PDF, 1.32 MB)
• Federal law No. 6 of 1985 regarding Islamic banks, financial institutions and investment companies (PDF, 115 KB)