Open Your Private Bank Account in Dubai – Fast, Confidential & Hassle-Free

Whether you’re relocating, investing, or managing global wealth, opening a private bank account in Dubai offers unmatched security, flexibility, and global access.

At OfinGlobal, we simplify the entire process—from documentation to bank selection—ensuring your account setup is compliant, confidential, and customized to your lifestyle and financial needs.

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Why Open a Private Bank Account in Dubai?

Dubai is home to some of the world’s most trusted banks, offering high-end private banking services tailored for individuals with significant income or assets.

With no personal income tax, cutting-edge digital platforms, and multi-currency options, Dubai’s banking ecosystem is ideal for:

  • Global business owners

  • High-net-worth individuals (HNWIs)

  • Expats and investors managing cross-border assets

Benefits of Private Banking in the UAE

Required by most major banks (Emirates NBD, FAB, ADIB, Mashreq, etc.):

Exclusive Investment Access

Hedge funds, private equity, global real estate portfolios

Unmatched Privacy & Security

High confidentiality & anti-fraud infrastructure

Preferential Rates

Enhanced deposit interest & discounted credit facilities

Global Banking Services

Multicurrency accounts & international wire transfers

VIP Lifestyle Perks

Concierge services, travel upgrades, luxury event access

Tax Efficiency

Structured offshore solutions for wealth preservation

 

Documents Required to Open a Private Bank Account in Dubai

Depending on your status (resident or non-resident), you’ll typically need:

Personal Identification

• Valid Passport (min. 6 months validity)
• UAE Residence Visa (for residents)
• Emirates ID (for residents)

Proof of Address

• Recent utility bill or tenancy contract

Proof of Income or Wealth

• Last 6 months' bank statements
• Salary certificate or employment letter
• Asset statements or investment portfolio (if applicable)

Bank Reference Letter

• From your existing bank confirming good standing

KYC (Know Your Customer) Form

• Required for compliance with UAE Central Bank

FAQs – Private Bank Accounts in Dubai

How long does it take to open a private bank account in Dubai?

Most accounts are opened within 7–10 working days with complete documentation.

Can non-residents open a bank account in Dubai?

Yes, but private banks may have higher minimum balance requirements for non-residents.

What is the minimum deposit for private banking in the UAE?

Usually between AED 500,000 to AED 1 million, depending on the bank.

Is UAE private banking safe?

Absolutely. UAE banks are regulated by the Central Bank of the UAE, ensuring robust security and financial transparency.

What types of accounts are available?

Current, savings, multi-currency, fixed deposit, and investment-linked accounts.

Start Your Private Banking Journey Today

Whether you’re looking to preserve wealth, diversify investments, or access exclusive perks, Dubai’s private banking ecosystem delivers—and OfinGlobal is your expert guide.

Let’s simplify the process for you.