Bank Account for Foreign

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  • #5945

    Client is asking “Can i open bank account as a non residence” I am from South Africa.

    #5946

    An individual- resident in Dubai or non-resident in Dubai is also eligible for a private/ personal bank account in Dubai. Most of the banks in the Dubai UAE allow non-residents to open only a Savings Account and not a Current Account. Non- residents are not able to attain a cheque book however, non-residents will be given a debit card to withdraw the money. As a non-resident, will be subject to a minimum and/or maximum balance.

    For non-resident corporate bank account is possible if the client forms a company in dubai

    #5947

    “What is the minimum and maximum amount I can receive. I want to transfer $100k and up.”

    #5954

    There is no limit however any any point of time bank can / may / will ask for Proof of funds.

Viewing 4 posts - 1 through 4 (of 4 total)
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