How to Open a Zero Balance Account in UAE?

The Zero Balance account can be a great option if you are looking for a bank account that requires no minimum balance. UAE banks and financial institutions offer many options for opening savings accounts.

For customers who do not want to maintain a minimum balance, banks in the UAE have introduced Zero Balance accounts. You can open these accounts with no money at all! Most do not require an initial deposit.

This type of account offers each bank its own set of benefits, and it is also reasonably successful for the banks themselves since satisfied customers are more likely to use your service again.

In this article, we will discuss some of the UAE bank accounts that you can open without maintaining a minimum balance.

Banks in the UAE even offer zero balance accounts with ATM cards and checkbooks. For you to open one of these accounts that do not require maintenance of a minimum balance, however, you must meet certain specific requirements.

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There are several banks that offer these accounts, including United Arab Bank (UAB), Emirates Islamic, Arab Bank, Commercial bank of Dubai (CBD), First Abu Dhabi Bank (FAB), Finabank, and Mashreq Bank.

Account NameInterest Rate(p.a.)Minimum Salary
ADIB Smart Banking AccountProfit on every dirham in the accountBoth income and non-income based eligible
Commercial bank of Dubai(CBD) ESaver Account1.50%AED 5000
ADCB Active Saver Account0.60%NA
FAB iSave Account1.68%NA
RAK Bank Fast Saver Online Account0.50%NA
HSBC E saver Account0.10%NA
Emirates NBD Liv. Account1.5%NA
Mashreq Happiness AccountNAAED 10,000

Documents Required For the opening of a Zero Bank Account in UAE

  • Original with a copy of the applicant’s passport must be provided.
  • Copy of the original Emirates ID 
  • Any form of identification considered acceptable by the bank may be submitted, such as a passport or student ID card.

For customers not residing in the UAE, we accept Dh.3,000/- or US$1,000/- (non-residents) / Dh.50,000/- or US$15,000/- (corporates).

How to Open a Zero Bank Account in UAE 2022?

Here’s a guide on establishing a Zero Balance Account in the UAE.

  • Selecting the Right Bank in UAE.
  • Your needs should guide your choice of bank.
  • Documents must be prepared.
  • Contact the bank’s customer service representatives by telephone, through the website, or at their branches (see details for each one) to schedule an appointment to open a bank account in UAE.
  • Please provide a copy of your passport, a copy of your UAE residency visa, and proof of your address in the UAE, such as a utility bill, bank statement showing your UAE address (no older than 3 months).

Note: Individuals under the age of 18 and those with new resident visas may be required to submit additional documents as part of the residency visa process.


A zero balance account is a checking account without a minimum balance requirement that is commonly used in the UAE. In the UAE, you can’t open a zero-balance account as a standard practice. 

If you want to open an account without a minimum balance requirement, there are a few steps you can take.

To initiate this process, you can reach out to the bank directly and inform them that you don’t intend to do anything with the account other than receiving direct deposits from your employer and transferring them to your savings account or checking account.

Additionally, you can contact any relatives or friends who have accounts with zero balances with the bank you are interested in, especially if they have already established relationships with the bank through online banking. It would be beneficial if you reached out to them and they could provide you with an account opening recommendation.

Additionally, you might be able to schedule an appointment by visiting one of the branch offices in person. Schedule your appointment during business hours, since appointments are usually only available during these hours. Prepare all your paperwork before you contact the bank.

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