How to open a Joint Bank Account in UAE: Rules, requirements, key info you need to know

Joint bank accounts in the UAE offer a practical way to manage shared finances, whether between couples, family members, or business partners. But before opening one, it’s essential to understand who is eligible, what documents are needed, how account control works, and the financial and legal responsibilities involved.

Eligibility for a joint bank account in the UAE

To open a joint current (transaction) account in the UAE, certain basic conditions must be met. These include:

• Minimum Age: All applicants must be at least 18 years old.
• Residency Status: All account holders must be UAE residents with valid residency visas. Non-residents are generally not eligible, though a few banks may make exceptions with additional compliance checks.

For Expats Moving to the UAE

• You cannot open a joint current account before you arrive.
• You must wait until you have obtained your UAE residence visa.
• In the meantime, expats may consider opening an international bank account, though it will not function as a local current account.

Required documents for opening a joint account

All applicants must be present at the time of application and provide a comprehensive set of documents:

Mandatory documents for all account holders

• Original passport
• Valid Emirates ID
• UAE residence visa (especially for non-GCC nationals)
• Proof of UAE address, which may include:
  
  
  • Utility bill
  • Title deed
  • Rental agreement
  • Employment letter

Additional documents for salary based or income linked accounts

If the account has a minimum salary requirement or requires a salary transfer, banks may ask for:

• Salary certificate (if employed in the public sector or government)
• Salary transfer letter (if employed in the private sector)
• Trade licence (if self-employed)

Some banks may also require the salary to be regularly credited into the joint account.


Account operation and control: How joint accounts work in the UAE

Before finalising the account, applicants must decide how the joint account will be operated. Banks offer two control options:

Single operation mode

• Any account holder can transact independently.
• Convenient but riskier — misuse by one affects all.

Joint operation mode

• All account holders must sign jointly for transactions like withdrawals or cheques.
• Provides oversight but requires coordination.

Choosing the right control mode is critical as it determines the level of access and accountability each holder has.

Step by step process: How to open a joint bank account in the UAE

Setting up a joint account is relatively straightforward, provided the documents are in order and both applicants are present.

Steps to Follow

Select a bank that offers joint accounts. Notable banks in the UAE include:

• Emirates NBD
• ADCB
• HSBC
• Mashreq

Compare features, including account fees, mobile banking capabilities, and minimum balance requirements.

Gather required documents (IDs, visas, address proof, income proof if needed).

Visit a branch together to complete application and signature formalities.

Choose operation mode: single or joint.

Understand fee structures: Monthly maintenance fees, ATM charges, and transaction costs can vary by bank.

Important considerations and responsibilities
Before using the account actively, all parties should agree on how it will be used and monitored.

Key Points to Keep in Mind

• Equal Responsibility: All holders are jointly liable for account activity — including debts, fees, and disputes.
• Inheritance Rules: Upon the death of one holder, funds do not automatically pass to the surviving party. Legal procedures are required.
• Communication and Trust: Establish clear agreements on:
  
  
  • Who contributes how much
  • How spending limits are set
  • How savings are managed
• Shared Access: Use digital banking tools to ensure real-time visibility for all users.

Features commonly offered by joint bank accounts in the UAE

Banks typically provide a range of user-friendly features for joint current accounts, including:

• No minimum balance requirement (varies by bank)
• Free debit cards for all account holders
• Utility bill payments
• Monthly e-statements
• Instant transaction alerts
• Real-time transaction viewing
• Spending limits configurable via mobile banking