- September 20, 2021
- Posted by: admin
- Category: Banks
The United Arab Emirates has a strong banking sector that is controlled by a central bank founded in 1980. There are about 50 local and overseas banks in the nation. Everyone can open a bank account here as well as from foreign citizens. Bank account opening for Iraqi nationality in UAE is possible now. But it can be a little daunting but no need to worry, you can consult with the Taskmaster professional who will guide you on the procedure of opening a bank account in the UAE in a dedicated manner. They are also able to complete your bank account opening process as soon as possible in a successful way.
The United Arab Emirates has the most diverse economy in the Gulf Cooperation Council and the second vast economy in the Arab World and brings with it a well-developed banking atmosphere. Both Abu Dhabi and Dubai are important economic centers, so no matter where you decide to live, there would be numerous options of banking to meet your requirements. Whether you require a non-resident bank account in UAE or need something to support your life there in the long run, you will not be disappointed.
The UAE is quite an iconic nation, in that its residents make up only about 15% of the population. The majority of the people who working, living and banking in the country are ex-pats, hence the banking system and economy are well-established to deal with overseas workers opening a bank account. This is definitely doable if you can handle it because you can arrive money is safe and protective, and you will need to reach it from day one.
Opening a bank account from abroad would not be easy. As several accounts need a signature in the presence of a bank officer. Alternatively, you may open a bank account remotely, by providing a financial consultant legal permission to work on your behalf. Not all the bank would accept this solution, hence call first to locate. A final choice is to utilize an online bank account in UAE, which gives access to your fund anywhere in the globe.
Which Bank to Choose for Bank Account Opening for Iraqi Nationality in UAE
For a longer stay in the country, this is worth thinking about utilizing a local bank to have more reach and more control over the activity of your amount. These are certainly very popular banks in UAE and their destination in Dubai. –
- Emirates National Bank of Dubai – 250 branches and ATMs
- First Abu Dhabi Bank – more than 100 Branches and ATMs
- Abu Dhabi Commercial Bank – 11 branches and ATMs
- First Gulf Bank – 8 branches and 14 ATMs
- Dubai Islamic Bank – 10 branches and ATMs
- Abu Dhabi Islamic Bank – Over 80 Branches and 700 ATMs in Dubai
Documents Required for Bank Account Opening for Iraqi Nationality in UAE
The necessary documents that will have to be prepared for open a bank account in the UAE as an Iraqi nationality includes –
- Company Incorporation Documents
- Copy of passport with UAE entry page of the owner of the company
- Bank forms – filled and signed by the applicant
- Essential documents for a personal account of the applicant
- An updated CV
- An original copy of the past six months’ banks statement of your personal bank account from anywhere in the world.
How We Can Help You
Taskmaster Loan broker in Dubai will help you in bank account opening in the UAE. We give you the best possible services of bank account opening in UAE not only for UAE nationals but also for other nationalities. So, if you are interested then consult with us, we cover your all problems related to bank account opening.
Also read, How to Open Bank Account in UAE