Open bank Account

Hello all,

I'm new in Sharjah and I am looking for some help here in the blog.

I have a visa residence and I would like to know your opinion regarding opening a bank account. What's is the best bank?

What are the conditions that I need to open?

Thanks for the help

Opening Bank Account will need a letter (confirming bona fide employment) from your company; and your passport + visa information.  There are local or regional banks as also international banks.  Not much difference between the banks, they all behave almost the same.  You may feel a bit safer with international banks.  All banks here are subject to the local laws and jurisdiction of the Central Bank of UAE.

Many thanks for the help.

Is there an issue in transferring amounts to other countries? Or we have to pay a fee?

If anyone does it regularly and can give me some values so I can compare it will be great.

Thanks

yup every bank has its own charges

Based on my personal experience, I will suggest you to open an account with ADCB and it will become one stop solution for all your financial need, including finance, investment car insurance, loans, etc. Just visit their website to get some more info.

Hello jennymorrow,

Please note that this thread has remain inactive since 2013.

Thank you,
Marjorie