How to Open Bank Account in UAE for Free

Open bank account in uae, bank account opening in UAE, the best bank in UAE for Expats, Emirates NBD

If you are looking to open bank account in UAE this is the right time to apply for it as bank account opening in UAE becomes easy as cooking noodles.



How to open Free Bank Account in UAE:


There are many banks to choose from but we come with the best bank in UAE for expats not only in UAE but it is the number one bank across all gulf regions. 

We are talking about Emirates NBD who created the “Liv” which is the first digital lifestyle banking app in UAE and is now allowing expats to apply for free bank account in UAE.


Banks in Dubai, Banks in Abu Dhabi, Banks in UAE

About Liv?


Liv is the brainchild of Emirates NBD group which is one of the most modern, innovative and trusted banking apps of its kind that helps around everything you possibly want from a world class bank.


Benefits of Free Liv Bank Account:


1: An Instant digital current account
2: A Cheque book and debit card for worldwide payments
3: Online banking to track your payments
4: Withdraw cash at all ATMs
5: An easy way to pay your utility bills
6: Pay people or transfer money with a tap
7: 24/7 emergency supports with live chat
8: Enjoy 50% off deals, online shopping etc




Requirements of opening Liv Bank Account:


As we stated above, opening free bank account in UAE is as easy as cooking noodles, the requirements include:

1: A Smart Phone to install Liv application
2: Your Valid UAE Mobile Number
3: Your Valid Emirates ID Number
4: You should be 18 Years old

There is no NOC required from Company nor original passport or visa is required.

How much does it cost to open Bank Account in Liv?

Absolutely nothing, yes you will not be charged any amount while opening Liv account.

Employee Favorite: List of Banks in UAE

Who can apply for Liv Bank Account?

Everyone who owned the valid UAE residence visa, Emirates ID and Mobile Number can become the member of this fast growing best bank in UAE.

Account Registration through Mobile Apps:

In-order to start creating your bank account online, you will have to download Liv application on your smart phones by following below links.




Once you have downloaded and installed the app, click on sign up, after completing the sign up process, click on sign in to start creating your bank account.

The best bank in uae for expats

You will be asked to scan your Emirates ID online in-order to activate your account, once you have scanned the ID card, your request will be sent to bank and you will be contacted through sms or call for the delivery of your debit card.

Free bank account in Dubai

You can also track your Account or debit card status online through Liv app.

Emirates NBD, Dubai Islamic Bank, HSBC Bank


Once your card is delivered to you , its time to activate it, you can activate it through same app, in-case of any issue, you can contact help center through chat option in settings.

Like our Page for more Informative Posts



T&C to open Free Account:

You need to keep 3000 AED in your Liv account as an average balance, it looks a little bit difficult but no it’s not, all other banks in UAE such as Dubai Islamic Bank, HSBC Bank, NBAD and commercial bank of Dubai are demanding minimum 3500 to 5000+ balance.

You have 3 more options if you can’t keep 3000 in Liv account then do either of the following:

1: Pay 20 AED each month until you got 3000 AED to keep in your account.
2: Transfer monthly salary of 5000 AED or more to Liv
3: Spend at least 1000 AED every month with your Liv card

Link: Check Labour Card Online

The guide about How to open free bank account in UAE is ended here, we would recommend you to apply for it, 3000 AED is not big amount to keep in account, you can take loan from your company or advance money from your friends, relatives to start, later you can pay them back.

Fore more visit Liv bank official website

13 comments:

  1. Very nice some people save money
    We r like this

    ReplyDelete
  2. I will just ask you have credit burue??

    ReplyDelete
  3. No account for less salary from 2000 in uae. So we labour's cannot open account here.

    ReplyDelete
  4. If you talk about Open Bank Account in Dubai, I would recommend you to Mashreq Bank.

    ReplyDelete
  5. Mashreq Bank is the best Bank in UAE, This is provide the Different Credit Cards. You can credit card apply online.

    ReplyDelete
  6. I am LIV account holder since 2017. So this info is incomplete, some are missing. You will need to scan Passport, Visa and Emirates ID. It doesn't matter how much is your salary and its ok if u haves less than 2k they will only charge 10AED for the maintenance.

    ReplyDelete
    Replies
    1. IN THE CRITERIA AT LEAST SPEND 1000 AED MONTHLY IS IT TRANSFERRING MONEY IS ACCEPTED?

      Delete
  7. is still not free my friend's

    ReplyDelete
  8. One of the best digital banking from ENBD.. i am using Liv banking since 2017

    ReplyDelete
  9. Mashreq Bank is provide the best Savings accounts and that is provide the best services. In UAE has many Bank but the Mashreq bank is provide the best services in UAE and in other bank.

    ReplyDelete
  10. I have a saving account in SBI, I want to close it can you please tell the process? “Mudrabhandar

    ReplyDelete
  11. I have liv acount. Now am in Pakistan I want deactivate

    ReplyDelete

Comments will be publish after admin approval.

Copyright 2016. Powered by Blogger.