Alexander Kleschev comments for Pravo.ru

Alexander Kleschev, Partner in ALRUD Corporate practice, made comments for Pravo.ru on the topic: “How to open a bank account in the UAE: main tips”.

According to the expert’s opinion, it is far easier for the UAE residents to open a bank account than for non-residents. “Usually, it is enough to persuade a bank that the resident lives and works in the Emirates. Sometimes it can even give an access to subsidiaries of international banks”, - states Alexander.

Alexander thinks that the main difficulty for a non-resident in opening a bank account in the UAE is not the absence of residency but the passport which the client is going to use for opening a bank account.

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