All About Emirates NBD Abu Dhabi

The lowest balance expatriate must have to be eligible for opening an account in Emirates NBD bank is AED 3000. 

The current owner of Emirates NBD bank is the investment corporation of Dubai. Sheikh Hamdan bin Mohammed bin is the chairman of ICB (investment corporation of Dubai) and the crown prince of the Dubai Emirate.

The Emirates NBD is the Emirates national bank of Dubai and it is the government bank in the United Arab Emirates. The Emirates NBD bank was formerly just the national bank of Dubai. But it merged with Emirates Bank International to EMIRATES NBD Bank on the year 2007, 6th March.

In the year 2021, the total number of customers of Emirates NBD bank crossed customers around 14 million. The total assets for emirate NBD bank touched AED billion. The Emirates NBD bank has spread to 13 foreign countries in the last few years.

Expatriates planning to open an account in Emirates NBD bank do not have to pay any fee. Expatriates staying in UAE can also transfer money through NBD bank to a selected nation without any additional charge.

Expatriates can easily locate the nearest NBD branch and bank account. As the total number of ATMs is almost 250 of NBD bank. Services like online transaction, banking, checkbook service, ATM card services, and banking through mobile phone. Non-interest bank account for expatriates, and month-to-month Statement of record. Services for money transfer and bill payment across a wide scope of administrations. ATM and debit card to customers for international countries without any fee. Standing request administration accessible and overdraft office accessible by course of action. 

According to the press release, the estimated number of Emirates NBD banks was nearly 129 branches in the year 2010. And 651 ATMs of Emirates NBD bank were functional in the year 2010. The NBD bank state that it has around 139 branches spread all over the United Arab Emirates. 

To stay in UAE the most important need for expatriates is to open a bank account for expenses, transactions, work, etc. The steps expatriates need to abide by are less complicated. Expatriates have many options like visiting the nearest Emirate NBD branch, visiting the NBD website, or through the Emirates NBD app. The fastest and easiest way to open an account in NBD bank is by downloading the Emirate NBD app on your mobile phone or laptop. Generally, the account of the expatriate starts within two working days. 

Yes, Emirates NBD does provide funds to the ministry of education in the United Arab Emirates. Two major national banks in UAE contribute large funds and sums of money which is around AED 4 million for the ministry of the education department. The charity fund is provided for the distribution of laptops, mobile phones, digital assistance for distant learning due to pandemics, and more.

Yes, foreign nationals eligible for opening accounts in the country can open a gold investment account in Emirates NBD bank. Other types of bank account options are also available for expatriates. The most common type of account in NBD bank are current, saving, and deposit bank account. 

The expatriate should present or upload a valid passport and copy of their passport. Expatriate salary certificate for NBD account. The expatriate should also submit a cover letter or no objection agreement from the sponsor. Copy of UAE residency or other visas of the expatriate. The appointment letter, documents related to expatriate salary transfer, or last 3 months pay slip in case salary certificate is not available. The minimum salary the expatriate must need to be more than AED 3500.