[toc]
Procedure to open an account with United Arab Bank Al Ain Branch
- Make sure you meet the bank’s eligibility criteria for opening an account. This may include age requirements, residency status, and other specific requirements.
- You can apply online.
- Complete the account opening application form with accurate information.
- The bank will review your application and documents. Once everything is in order, they will process your request and open your account.
- Once the account is opened successfully, you will receive the account details, including the account number and other relevant information.
Eligibility
- Minimum average monthly balance of AED 3,000 for individuals.
- Minimum average monthly balance of AED 25,000 for companies.
- UAE Nationals: UAE citizens are eligible to open accounts with banks in the UAE.
- Expatriates: Expatriates who hold a valid residence visa and are living and working in the UAE are also generally eligible to open accounts.
Documents Required
- Valid Passport: You will need your original passport with a valid residence visa (for expatriates) or Emirates ID (for UAE nationals).
- Proof of Address: A recent utility bill or rental agreement showing your current address in the UAE. Some banks may accept other documents as proof of address.
- Passport-sized Photographs: You may be required to provide some passport-sized photographs.
- Proof of Income: For some account types or higher-tier accounts, the bank may request proof of income, such as an employment letter or salary certificate. This requirement is more common for expatriates.
- Visa or Emirates ID Copy: A copy of your valid residence visa or Emirates ID.