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Home Useful resources How To Open A Bank Account In UAE For Free

How To Open A Bank Account In UAE For Free

By
admin

Table of Contents

  • How To Open A Bank Account In UAE For Free
    • Opening a free account
    • Benefits
      • Requirements for LIV

How To Open A Bank Account In UAE For Free

If you are willing to open a bank account in the UAE then this is the right time. That’s because bank account opening in UAE has become easy than ever. You can check this given guide.

How To Open A Bank Account In UAE For Free

 

Opening a free account

There are many banks in the UAE but the best bank in the UAE expats is the most famous one. Also, it is not only famous in the UAE but also all across the gulf region. Also, I’m pointing towards Emirates NBD here. Because it is the first founder of the online banking app ‘LIV’. And, it is the brainchild of the Emirates banking system. So, you will get every ease of the world-class banking system here.

Benefits

The best benefit of this bank system is that it is instant and online. Also, you can track the payments and get them through ATM. And, you can transfer the amount to anyone at any time. Also, it gives you a 24/7 facility of utility bills, 50% off on online shopping as well. And, you get emergency live chat service all the time. So, it the best network online.

Requirements for LIV

To open this free account, all you need is to install the LIV app.  You will need a smartphone and a UAE valid number. Also, this best bank in UAE demands you to be a residence of the UAE. Your age should be 18 years to register on this free app. Also, your visa must be valid and you must have a valid ID number.  But, you need to keep 2500 AED in your LIV account. There are other banks like a commercial bank of Dubai, HSBC, NBAD, and Dubai Islamic Bank with the limit of 3500-5000 AED. So, this is how to open a free bank account in UAE guide for you.

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