Moving to a new country can be intimidating and difficult. So, to make ease you in the finance field here is a special list for you. A list of the best banks in Dubai for expats to work with.
Having an understanding of the banking system, healthcare system, and tax code is only the beginning when it comes to understanding the intricacies of a different culture.
That’s why we’ve put together this list of 10 banks that are best for expats in Dubai.
These international financial institutions offer services such as private banking, international transaction management, investment advisory services, and more.
10 major banks in Dubai for expats are:
1. Emirates NBD
The Emirates NBD is based in the UAE and offers financial services like asset management, investment, and private banking services to customers all over the world. Further, Emirates NBD is widely famous for its services.
One of Emirates NBD’s best customer service features is its 24/7 customer care, which has been recognized by multiple awards from both the banking and financial service industry.
Recently, this bank has been experiencing a surge in online scams and fraudulent activities. Hopefully, they will strengthen their cybersecurity measures and prioritize protecting their customers, rather than leaving them vulnerable to victimization by fraudsters and bank itself.
- Services: Retail Banking and Wealth Management, Wholesale Banking, Islamic Banking (IB), International, and Operations and Information Technology.
- Timing: 8:00 am to 3:00 pm from Sunday to Thursday, and lastly Closed on Friday and Saturday
- Contact: +971600540000
- Address: Baniyas Road, Deira, Opposite Dubai Creek Tower, Next to Dubai Chamber Dubai, Dubai, United Arab Emirates
- Location: Click here to view on Map
2. HSBC
HSBC has various branches in Dubai, Abu Dhabi, and Bahrain for customers to access its digital banking, wealth management, and investment services. Moreover, HSBC is counted as a major bank in Dubai.
Its current account services can be accessed through digital banking and its partnership with the United Arab Emirates’ telecom provider du also makes it easy to access mobile banking.
- Services: Credit Cards, Car Loans, Mortgages, Online banking, Money transfer
- Timing: Sunday to Thursday from 8:00 am to 3:00 pm and after that on Friday from 7:30 am to 12:30 pm and last on Sunday
- Contact: +971600554722
- Address: Next to Hamarain Centre, Abu Baker Al Siddique Road, Al Muraqqabat – Deira – Dubai – United Arab Emirates
- Location: Click here to view on map
3. Standard Chartered Bank (SCB)
SCB, based in the UAE, offers a range of private banking services to customers across the Middle East region. The bank has a well-developed branch network and a wide range of investment capabilities.
Within its investment capabilities, customers can choose from stocks, mutual funds, bonds, and other financial securities. It is one of the best bank in Dubai for Indian Expats.
Standard Chartered Bank offers all the major financial services for expatriates, including expatriate accounts, credit cards, loans, etc.
The two most popular loans for expatriates are Personal Loan and Home Loan, or the so-called Home Suite Bundle Account.
Personal Loans are available both to UAE nationals and to expatriates. They can be granted for any purpose. At the same time, such loans are convenient, simple, and quick.
- Services: Personal banking, Islamic banking, Premium banking, Priority banking
- Timing: Monday to Thursday from 8:00 am to 3:30 pm and after that Friday from 7:30 am to 12:30 pm and lastly on Saturday from 8:00 am to 3:30 pm
- Contact: +971600522288
- Address: 35W8+7PQ Dubai, United Arab Emirates
- Location: Click here to view on map
4. First Abu Dhabi Bank
It is the largest bank in the UAE, which was formed after the merger of First Gulf Bank and National Bank of Abu Dhabi (NBAD) in 2016.
Additionally, It is one of the best banks in Dubai. They are known for their exceptional retail banking services, making them one of the best retail banks in Dubai as well as UAE.
They have its branches in different parts of the world. Moreover, The bank provides offers the best credit cards in Dubai and best bank account in UAE.
- Services: Corporate and Investment Banking, and lastly Personal Banking
- Timing: 8:00 am to 2:00 pm from Saturday to Wednesday, 8:00 am to 1 pm on Thursday, and lastly Closed on Friday
- Contact: +971600525500 | +971600566223 |+971600544400
- Address: Bur Dubai Branch | Mall of Emirates Branch, Sheikh Zayed Road| Jumeirah St, Jumeriah Plaza Digital Branch, Dubai, United Arab Emirates
- Location: Click here to view on Map
5. Mashreq Bank
Mashreq is a UAE-based bank with over 80 branches in the country and other regions including Cyprus, Egypt, Bahrain, and Saudi Arabia. It is named one of the best banks in Dubai for expats.
The bank offers multiple products to its customers including loans, credit cards, savings accounts, and insurance packages.
Its online banking platform is also well developed so customers can easily access their accounts from a computer or mobile device.
- Services: Retail banking, commercial banking, investment banking, Islamic banking, brokerage services, and lastly asset management services
- Timing: Every day Open for 24 hours
- Contact: +97144247314
- Address: Near Al Ghurair City, Deira, Dubai, United Arab Emirates
- Location: Click here to view on Map
6. Abu Dhabi Commercial Bank (ADCB)
ADCB is a leading commercial bank in the UAE and has branches across the country including Dubai’s flagship branch on Sheikh Zayed Road.
The bank offers retail banking products such as current accounts, savings accounts, and investment packages to its customers throughout the UAE.
With the integration of a group of banks Gulf Commercial Bank and Emirates Commercial Bank, and the Federal Trade Bank. ADCB is one of the biggest bank in Dubai.
- Services: Retail, Commercial, Islamic Banking, Consumer Banking, Wholesale Banking, Investment, and Treasury Banking, and lastly Property Management
- Timing: 8:00 am to 3:00 pm from Saturday to Thursday, and lastly Closed on Friday| 10:00 am to 9:00 pm from Saturday to Thursday, and lastly Closed on Friday
- Contact: +9716591525 | +97147058850 | +97145094800
- Address: Opposite Oasis Center, Sheikh Zayed Road| Dubai Mall | Sheikh Khalifa Bin Zayed St next To ADCB Metro station Al Karama Area, Dubai, United Arab Emirates
- Location: Click here to view on Map
7. Commercial Bank of Dubai
Founded in 1969, the Commercial Bank of Dubai is headquartered in Deira, Dubai. Additionally, They have other branches in Dubai and around 15 branches all over UAE.
Furthermore, They provide card services to customers residing in UAE and non-residents. Therefore, they are one of the best banks in Dubai for business and the best banks in Dubai for SMEs.
Although, they offer business account packages that are suitable for customers with lower bank account balances. This bank is best for UK Expats.
- Services: Corporate banking, commercial banking, personal banking, Islamic banking, and lastly support services
- Timing: 8:00 am to 3:00 pm from Saturday to Thursday
- Contact: +97142121000
- Address: Al Ittihad Street, Dubai, United Arab Emirates
- Location: Click here to view on Map
8. Dubai Islamic Bank (DIB)
DIB is an Islamic bank that has been operating in the UAE since 1973. The bank offers different products to its customers including personal banking accounts, loans, and wealth management services to help manage all aspects of their finances, both personal and business-related.
Further, it offers the highest position of Islamic banking services around the world and is one of the fastest-growing profitable sectors in the world.
The bank has further than 400 institutions with over US $1, 000 billion in means worldwide., And was awarded the Stylish Islamic Card and Stylish House of Sukuk.
- Services: Consumer Banking, Corporate Banking, Real Estate Development, Treasury, and lastly Other business segments
- Timing: 8:00 am to 2:00 pm from Saturday to Thursday
- Contact: +97146092222
- Address: Al Maktoum Street, Port Saeed, Deira, Dubai, United Arab Emirates
- Location: Click here to view on Map
9. National Bank Of Ras Al-Khaimah (RAKBANK)
RAKBANK was established in 1976 and is headquartered in Ras Al-Khaimah, UAE. Additionally, It is a public joint-stock company and is also known as the National Bank of Ras Al-Khaimah.
It has been awarded ‘SME Bank of the year’, therefore one of the best banks in Dubai for SMEs. Moreover, It is a retail and business bank with around 33 branches across UAE.
They provide retail and commercial banking services to businesses and individuals. Although, It is one of the best banks in Dubai for business as well as the best retail banks in Dubai and UAE.
- Services: Retail Banking, Wholesale Banking, Business Banking, Treasury, and lastly Insurance Business
- Timing: 8:00 AM to 3:00 PM from Saturday to Thursday
- Contact: +97142130000
- Address: RAK Building, Umm Hurrair, Bur Dubai, Dubai, United Arab Emirates
- Location: Click here to view on Map
10. Emirates Islamic
Emirates Islamic Bank is one of the best banks in Dubai for expats and UAE for Shari’a-based products and services. Additionally, It was earlier known as Emirates Islamic Bank and is one of the four Islamic Banks in Dubai.
Further, It is the second-largest Shari’a-compliant bank in UAE. Although It offers retail and corporate banking to individuals, small and large businesses. Moreover, They have over 60 branches and operate as a subsidiary of Emirates NBD PJSC
- Services: Personal Finance, Treasury, Commercial Property Finance, Home finance, and lastly Auto Finance
- Timing: 8:00 am to 4:00 pm from Sunday to Thursday
- Contact: +971600599995
- Address: G Floor, Building 16, Executive Office Building, Dubai, United Arab Emirates
- Location: Click here to view on Map
The UAE’s profitable smash has led to the emergence of UAE banks offering excellent banking services to individualities, companies, or complex bank accounts.
Among the numerous points of the United Arab Emirates fiscal sector, there’s a provision of all the necessary fiscal tools and banking services for deportees.
As of the moment, multitudinous UAE banking institutions give colorful services to deportees, including foreign private persons and entrepreneurs.