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Open a bank account in Dubai

⚠ CRSIn-person requiredNon-residents OKfrom £1,900

Who we work with

We work with major Emirati banks. An in-person visit to the UAE is required at all banks. Non-residents are generally limited to savings accounts. Minimum deposits from AED 3,000 to AED 200,000.

About this destination

Dubai offers first-class banking in a tax-friendly environment. We help you open a non-resident account. The combination of state-of-the-art infrastructure, global accessibility and the UAE's tax-friendly legislation makes Dubai a must in any international banking strategy. A trip for the signature is required; we coordinate everything and accompany you on site.

Banking system

All figures are indicative and subject to change. Not investment advice.

Key banks
First Abu Dhabi Bank (FAB), Emirates NBD, Abu Dhabi Commercial Bank (ADCB), Mashreq Bank, Dubai Islamic Bank, RAKBANK
Credit rating
Moody's Aa2 / S&P AA / Fitch AA- (all stable, 2025)
Deposit guarantee
Up to AED 100,000 per depositor and bank, statutory (introduced 2018)
Currency
UAE dirham (AED), freely convertible, 1 EUR ≈ 4.27 AED (April 2026)
Inflation
approx. 2.04% (December 2025)
Deposit interest
Typical fixed-deposit rates 2–3% p.a.; some savings accounts and retail sukuk offer up to 4–6.25% p.a.
Banking secrecy & CRS
Banking secrecy is enshrined in law (Art. 120 of the Central Bank Law). The UAE is however a CRS participant and exchanges information automatically.

Knowledge & background

Why bank outside the EU?

EU account registers, EAPO, bail-in risk and de-banking — the full picture.

How our service works: step by step

Five steps from order to activated account.

How it works: our process

From consultation to open account — the four steps explained.

Declaring your offshore account: what you must report

CRS, FATCA and national reporting obligations explained clearly.

Questions first?

We'll tell you within 24 hours whether this destination fits your profile.

Quick overview

CRS status⚠ CRS
Minimum depositfrom AED 200,000
Remote openingIn-person required
Non-residentsNon-residents OK
Service feefrom £1,900

Not sure if this fits? Free consultation →

Requirements note

Proof of address and phone number must come from the same country — and that must be a genuine residence, not a PO box address. Our Nomad Package sets up a recognised address in the Philippines, including all required documents. Fully remote, no travel required. Ready in 1–2 weeks.

What's included in our service

  • Personal bank introduction
  • Document preparation and review
  • Application coordination
  • Ongoing support until account is active
  • Compliance and AML guidance

All information is provided for general guidance only and does not constitute legal, tax, or financial advice. Regulations and bank policies change; always verify current requirements before proceeding.