Banks in Dubai

burtcis

You can send your money for your family through the Western Union this is a Worldwide service provider's.

wasimshaikham

I would recommend opening an account with Emirates NBD bank. I’ve had a checking account with them for past
couple of years and I must say banking with them has been quite a pleasant
experience. They offer online services which allow you to transfer funds,
order cheque books and access account statements in a hassle free manner. You
can check the bank website for more details.

wasimshaikham

Based on my experience, I would recommend that you try banking with Emirates NBD
bank. They offer various financial services, the enrolment process is very quick and they’re accessible
over the phone and online. Their quick and efficient service makes them a
leading banking group in UAE.

raintear

UAE banks offer a wide range of services and accounts.

For example, NBD bank offer Standard Current Account:
Non-interest-bearing account.
Cheque book facility.
Free International ATM/debit card (AED only)Can be opened in approved foreign currency.
Standing order service available.Overdraft facility available by arrangement.
Bill payment facilities across a wide range of services.
Access to the account through ATMs, phone banking and BankNet.
Monthly Statement of account.

Special Current Account
Interest bearing account
Available in AED and USD
Cheque book facility (AED and USD)
Free international debit card (AED only)
Monthly statement of account
Bill payment facilities across a wide range of services

Call Deposits Account
Available in major currencies such as AED, USD, EUR, GBP
etcNo cheque book or debit card
No fixed tenor

Islamic Current Account
Available in two currencies: AED and USD
Minimum Relationship balance requirement of AED 3,000 (or equivalent)
Available to individuals and non-individuals
Cheque book facilityFree international ATM/Debit card (AED accounts only)
Monthly statement of account
Access to the account through ATMs, Phone Banking and Online Banking

Mudaraba Call Account
Attractive profit rates; calculated based on monthly average balance
Available in two currencies, AED and USD
Available to non-individuals onlyMinimum investment of AED 100,000 (or equivalent)
Profits paid out every calendar quarter

JennyMorrow

Hello @[deleted],

With my banking experience I suggest you go for ADCB bank in Dubai. They have many branches all over the country.

They provide mobile & internet banking facility as well. ADCB bank operates under Islamic banking principle so you will get benefits like low interest rate & higher salary multiplier loan.

Sumayahamari

Any suggestion of Bank in UAE that has good travelling insurance plans?

raintear

Hi! I like travel insurance by NBD bank:

Market leading product with three levels of cover – Holiday Travel / Executive Travel / Schengen Travel

Target market – Visa travellers, individuals, families, business travellers (Medium & High Net Worth)Emergency medical expenses covered up to USD 1,000,000

Free travel advise helpline

Professional and attractively packaged product

Best level of cover available in the market

Competitively priced

Family Discounts

Personal baggage covered up to USD 6,000

Sumayahamari

When it’s comes to online banking in the UAE, I prefer Emirates NBD. It offers a feature that allows you to enable and disable your online services without a manual written request. You can transfer money from another account and check your complete transaction and transfer history.

JennyMorrow

Hi Naziyabegum, You can refer to ADCB bank in UAE. It has many branches all over the country with mobile and internet banking facility. It offers personal loans too for expatriates & UAE citizen with simple documentation and procedure. Follow the link for more information: http://www.adcb.com/personalbanking/loans/personalloans/plexpat.asp

JennyMorrow

Hi Azminaabdul,

You can get various types of loans in UAE as personal, education, mortgage and many such. But as you are new to the UAE and want to settle down you can get an expatriates personal loan from ADCB bank. As It won't require citizenship of the UAE and its procedure & documentation is simple and its get easily approved.

Refer below link for more information :
http://www.adcb.com/personalbanking/loans/personalloans/plexpat.asp

raintear

Have a look what an overdraft NBD bank offers:

In times of a temporary cash shortfall, Overdraft from Emirates NBD gives you the power to draw against your salary or Fixed Deposit for a much needed instant cash support. Take advantage of this unique Overdraft facility and confidently manage your expenses or honour your financial commitments.
Cheque bounce protection
Ideal for emergency cash requirements
Easy repayment options

Pay only for the amount and the time period used

Easy documentation

Instant cash support

90% of your net monthly salary

2 times your net monthly salary90% of the Fixed Deposit under lien with us

Sumayahamari

I have been saving account in couple of banks, but I am not satisfied with saving rates, can anyone suggest me a bank in Dubai which has best saving rates?

bayzat

There are many types of current accounts in Dubai; you can also open them in a number of currencies, typically AED, USD, EUR, GBP. Some banks such as RAKBANK allow you to open the account completely online. Note that the UAE Central Bank mandates that the minimum balance where a bank an start charging you a penatly must not be lower than AED 3,000, and the maximum minimum balance penalty is AED 25 per month.

To compare current accounts in the UAE, you can do so quickly here: http://www.bayzat.com/current-accounts

bayzat

The average rate for a savings account is 0.48%!!!! You can find rates up to 2%. Also note that typically you will get better rates if you deposit more into the savings account. You can find options in the UAE by going here: http://www.bayzat.com/savings-accounts

bayzat

I would say Emirates NBD has the most comprehensive payment gateway and user friendly online banking portal.

Sumayahamari

I want to take property insurance, which Dubai bank should I approach?

JennyMorrow

Hi Jammymartr,

ADCB bank in UAE offers multiple financial and banking services. Financial services like term deposit, wealth management services, life insurance is also covered. Banking services like net banking, mobile banking, credit/debit card facility with personal, mortgage loan offering with a single bank account. Find more here: http://www.adcb.com/default.asp

raintear

These banks are considered the most reliable in UAE:
Emirates NBD
Riyad Bank
Samba Financial Group
Al Rajhi Bank
National Commercial Bank

Good luck!

JennyMorrow

Yes, you can open current account with AED and all major currency
support. These banks offer additional debit & credit card and also
provides mobile and internet banking facility. Check for information:
http://www.adcb.com/personalbanking/accounts/adcbcurracc/adcb-current-account.asp

raintear

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