How to Close a Bank Account in the UAE?

Closing a bank account in the UAE is a relatively simple process, as long as all outstanding dues are cleared.

Here’s a breakdown of the key steps to ensure a smooth closure:

In-Person Visit Required
Most banks in the UAE mandate a visit to the branch for account closure. Online requests are typically not accepted.
Gather Necessary Documents
Customers should bring a valid photo ID, all associated debit and credit cards, and any unused cheque books.
Withdraw Remaining Funds
Before submitting a closure request, ensure the account balance is zero—either by withdrawing cash or transferring funds to another account.
Submit Closure Form
Fill out the bank’s official account closure form, providing account details and a reason for closing. Submit it along with your ID.
Return Bank Materials
All unused cheques and cards must be returned. If unavailable, the bank will deactivate them during the process.
Wait for Confirmation
Banks typically provide closure confirmation via email or SMS. Customers can also request a clearance letter for their records.

The process generally takes three to five working days. Those planning to leave the UAE are advised to initiate closure at least a week in advance.

For case-specific guidance, contacting the bank’s customer service is recommended.

Gulf News

Tags:bank account in uae uae banks

Read more