The United Arab Emirates is recognized as the ruling financial center. There are dozens of national and international banks offering their services in Dubai. The best banks in Dubai offer numerous financial benefits, such as savings options, hassle-free deposits or withdrawals, and others.
List Of Best Banks in Dubai – Experience The Best Financial Services
Brief On The Banking Sector in Dubai
The official authority of the UAE regulates the banking sector in Dubai. The authority ensures that the banks adhere strictly to the standard policies. Both local and foreign banks offer high financial security and helpful customer support. Secure your money by exploring the top-rated banks mentioned in this blog.
Best Seven Banks Headquartered in Dubai
1. Commercial Bank of Dubai (CBD)
Secure your money and experience safe transactions with Commercial Bank of Dubai(CBD). Explore their wide range of banking features for both individual and business types. CBD serves you with a variety of customized loan plans and debit-credit cards.
CBD Main Branch, Ittihad Street, Deira, behind Deira City Centre – Dubai – United Arab Emirates
+971 600 575563
cbd.ae
2. Dubai Islamic Bank (DIB)
Dubai Islamic Bank has been known for world-class banking services all over in UAE since 1975. This Islamic bank offers a variety of wealth management, cards, loans, and other financial facilities for its users. DIB is a pioneer bank providing Sharia-based banking.
3. Emirates National Bank of Dubai (Emirates NBD)
Experience the ease of convenient banking solutions at Emirates National Bank of Dubai (Emirates NBD) in Dubai. This government bank is one of the leading financial institutions in the Middle East banking sector. Avail various cashbacks, rewards on using their cards.
Burj Khalifa Branch 1st Floor, Boulevard Plaza Tower – 2 Sheikh Mohammed bin Rashid Blvd – Dubai – United Arab Emirates
+971 600 540000
emiratesnbd.com
4. Emirates Islamic
Discover the extensive variety of Shariah-based banking services in Dubai at Emirates Islamic. This standard Islamic bank offers easy payment solutions with different types of banking options, seamless loan approvals, grand cash prizes, and many more.
Executive Office Building – G Floor, Building 16 – Dubai Healthcare City – Dubai – United Arab Emirates
+971 600 599995
emiratesislamic.ae
5. Mashreq Bank
Mashreq bank is a long-established bank operating in Dubai, governed under the observation of the UAE’s Central Bank. This is one of the few well-performing banks offering numerous banking products & services, including investment options, cards, insurance, loans, etc.
Business Center, Ground Floor, Opposite Burjman Center – Khalid Bin Al Waleed Rd – Dubai – United Arab Emirates
+971 4 424 4444
mashreqbank.com/en/uae/personal
6. Commercial Bank International (CBI)
Commercial Bank International (CBI) is a renowned financial institution located in Dubai. Experience the different ways of banking,including telephone, online, and onsite banking. Their user support team is always there to assist you anytime, anywhere.
Unit – LG – 150 – Financial Ctr St – Downtown Dubai – Dubai – United Arab Emirates
+971 600 544440
cbiuae.com
7. Standard Chartered Bank
Avail the easy financing solutions in Dubai at Standard Chartered Bank. Explore their customized financial services for bank accounts, credit cards, loan facilities, insurance, and many more. Standard Chartered Bank provides the safest digital banking.
Documents Required For Opening A Bank Account in UAE
Setting up a bank account in any of these best banks in Dubai is much easier than in others. Whether you are a resident or a foreigner in Dubai, they provide friendly customer support to help you at every instance. Gather the following documents if you are a foreigner:
- Your Original Passport.
- Bill as proof of address.
- A Job Letter from your employer.
- Visa Issuance.
As a resident, it’s more easier to open your bank account. You have to take these documents with you:
- Emirates National ID
- Proof of Residence
- Work ID (if you are an employee)
Conclusion
Opening an account in the best banks in Dubai not only secures your money but also offers you various advantages. These financial institutions are under control and highly maintained by the UAE’s authority. So, are you a resident or non-resident? This guide provides you with a list of leading banking options.