Types of bank accounts in uae :

The UAE offers a range of bank accounts tailored to meet the diverse financial needs of individuals and businesses. Current accounts provide convenient day-to-day banking services, including cheque writing and debit card transactions. Savings accounts offer competitive interest rates to help individuals grow their savings over time. For businesses, corporate accounts facilitate smooth financial transactions, payroll management, and supplier payments. Additionally, offshore accounts provide benefits such as tax efficiency and asset protection for international investors and businesses operating in the UAE.