Opening a UAE bank account on the basis of Saudi Iqama is possible through Emirates NBD Bank. The account will be opened in the AED currency allowing easy transactions. In addition, users can easily withdraw cash from ATMs and can keep their savings in UAE. Users can also invest in the UAE stock market and real estate market.
Requirements
The requirements to open the account are the following.
- Salary certificate stamped by the Chamber of Commerce.
- Copy of Passport.
- Digital copy of Saudi Iqama.
- House rental contract.
- A bank statement of 6 months stamped by the bank.
- A print of your Saudi Arabia national address.
- Electricity bill registered in your name.
- The minimum salary must be SR 15,000.
How to Open Account
Now follow the below-mentioned steps.
- Visit any Emirates NBD bank in Saudi Arabia.
- Get your token.
- On your turn, explain the purpose of account opening to the officer.
- Then you have to fill out the form of Emirates NBD Bank – UAE.
- Submit all the required documents.
Your documents and application will be sent to the UAE Head Office for approval. When your process is completed, you can download the Emirates NBD UAE application form to log in to your account. Remember that the process takes almost up to 2 weeks.
