Step-by-Step Guide to Opening an Emirates NBD Account

How to Open an Emirates NBD Account?

For Indian entrepreneurs and investors, Dubai and the wider UAE have become a natural extension of their business ventures. With tax-friendly policies, world-class infrastructure, and global connectivity, it’s no surprise that more Indians are setting up companies or expanding their wealth here.

But to run operations smoothly, having a local UAE bank account is essential. Among the most trusted options, Emirates NBD stands out as one of the largest banks in the Middle East, offering reliable, innovative, and business-friendly banking solutions.

Whether you need a personal account for everyday expenses or a business account for company operations, Emirates NBD provides flexible options designed for expats, professionals, and entrepreneurs.

This guide will walk you step by step through the process of opening an Emirates NBD account.

Why Choose Emirates NBD?

Here’s why Emirates NBD is often the first choice for Indians moving or investing in the UAE:

1. Reputation & Reliability
   Emirates NBD is one of the region’s most established banks, giving you credibility when dealing with partners, clients, or investors.

2. Business-Friendly Banking
   From SME packages to corporate banking, the bank offers accounts, trade finance, and cash management solutions tailored to entrepreneurs and growing companies.

3. Seamless Remittances to India
   Many Indians regularly send money back home. Emirates NBD offers quick and cost-effective remittances, often with preferential exchange rates.

4. Convenient Digital Banking
   With a top-rated mobile app and secure online banking, you can transfer funds, pay bills, and manage accounts 24/7.

5. Relationship Managers
   Priority and business clients benefit from dedicated managers who provide tailored financial guidance.

6. Support for New Businesses
   Emirates NBD also offers startup-friendly packages with lower minimum balance requirements and easy account management tools.

Types of Emirates NBD Accounts

Emirates NBD caters to a wide range of banking needs:

1. Personal Accounts

• Current Account – For everyday transactions, salary deposits, and payments (comes with chequebook & debit card).

• Savings Account – Earn interest while keeping funds accessible.

• Salary Account – Designed for employees with added benefits like loan and credit card eligibility.

2. Business Accounts

• SME Accounts – For startups and small businesses, with payroll services and working capital access.

• Corporate Accounts – For larger businesses, offering trade finance, multi-currency facilities, and tailored banking support.

3. Islamic Banking Accounts

Shariah-compliant current, savings, and investment accounts offered via Emirates Islamic, based on profit-sharing principles.

4. Priority & Private Banking

High-net-worth clients can access exclusive wealth management, global investments, and lifestyle privileges.

Eligibility Criteria

For Personal Accounts (Residents)

• Minimum age: 18 years

• Valid UAE residence visa & Emirates ID

• Minimum monthly salary: AED 5,000+ (for salary/current accounts)

For Personal Accounts (Non-Residents)

• Minimum age: 18 years

• Passport with UAE entry stamp

• Proof of address in home country & bank reference letter

For Business/Corporate Accounts

• Valid UAE trade license

• MOA, incorporation documents, and shareholder details

• Emirates IDs/passports of all owners & signatories

• Higher minimum balance requirement than personal accounts

For Priority/Private Banking

• Higher income threshold (AED 15,000+ salary) or significant deposits/investments

Documents Required

✅ Residents (Personal/Salary Accounts)

• Emirates ID

• Passport with visa page

• Salary certificate or employment letter

• UAE address proof (utility bill, tenancy contract, or Ejari)

✅ Non-Residents (Personal Accounts)

• Passport with UAE entry stamp

• Home country address proof

• Bank reference letter

✅ Business/Corporate Accounts

• Trade License

• MOA / Articles of Association

• Shareholder & partner IDs

• Office address proof (Ejari/lease/utility bill)

Step-by-Step: How to Open an Emirates NBD Account

1. Choose Your Account Type – Decide between personal, salary, savings, or business accounts.

2. Check Eligibility – Ensure you meet residency, salary, or business license requirements.

3. Gather Documents – Carry both originals and copies for verification.

4. Apply Online or Visit a Branch – Start via Emirates NBD’s website/app or submit directly at a branch.

5. Verification & Due Diligence – Bank conducts compliance checks (KYC/AML).

6. Approval & Activation – Account is usually activated within a few working days.

7. Start Banking – Receive your debit card, chequebook, and access to online banking.

How to Open an Emirates NBD Account Online

1. Visit the Emirates NBD website or download the mobile app.

2. Select “Open an Account”.

3. Choose your account type.

4. Fill in details (personal or business).

5. Upload required documents.

6. Complete verification via call/email.

7. Account gets approved and activated digitally.

Pro Tip for Indian Entrepreneurs

While personal accounts can be opened online with ease, business accounts often involve extra approvals. This is where a professional advisor can save time.

At Legallands, we help Indian entrepreneurs and investors handle every step of the process — from preparing documents and meeting compliance requirements to liaising with the bank for quick approvals.

Final Thoughts

Opening an Emirates NBD account is simple and rewarding, whether you’re an expat professional or a business owner in Dubai. With flexible options, easy digital banking, and strong remittance services to India, it’s one of the smartest banking choices in the UAE.

If you want expert assistance in setting up your personal or corporate account, Legallands can make the process seamless while you focus on growing your business.