Citizens can open bank accounts in any of the conventional and Islamic banks operating in the UAE. They must provide:

1. a copy of the passport or family book
2. salary certificate or a no-objection letter from the employer.

As for the residents in the UAE, they must submit:

1. a copy of the passport with valid residence visa
2. a copy of the Emirates ID card
3. salary certificate or a no-objection letter from the employer or sponsor.

Citizens and residents of the country can also open joint accounts with one another, and the procedures in this regard vary from bank to bank.

IBAN

From 2012, the use of International Bank Account Number (IBAN) is mandatory for all electronic payments and receipts within and outside the UAE (except for making payments through a credit card).

IBAN complies with the ISO 13616 standard and is unique to each account number.

So, you will have a distinct IBAN for each of the accounts you hold in the same or different banks. Banks are required to inform their account holders of their unique IBAN.

Related links:

• List of banks, financial institutions, insurance companies and licensed related professions
• CBUAE’s service cards
• Legislations and laws of the Central Bank of the United Arab Emirates.