The United Arab Emirates, with its rich financial system, has become a popular destination for Russian citizens looking to open bank accounts to conduct international business amid anti-Russian sanctions.

Today, the UAE provides a wide range of banking services, as well as a stable economic environment. Here is a list of the top 10 banks in the UAE where Russians can consider opening bank accounts.

1. Emirates NBD

Emirates NBD is one of the largest and most recognizable banks in the UAE. They offer a wide range of services, including accounts for individuals and corporate clients. The bank also provides access to accounts through online banking, making financial management convenient for customers.

2. Dubai Islamic Bank (DIB)

This bank specializes in Islamic banking and provides Shariah-compliant banking services to customers. DIB offers a wide range of accounts and financial products for individuals and corporate clients.

3. Abu Dhabi Commercial Bank (ADCB)

ADCB is another of the largest banks in the UAE, providing a wide range of banking services. This bank also provides services for corporate and private clients.

4. Mashreq Bank

Mashreq Bank is known for its innovative approach to banking services. The bank provides accounts and services that meet the needs of both corporate clients and individuals.

5. First Abu Dhabi Bank (FAB)

FAB is one of the largest banking institutions in the UAE and is among the most reliable. It provides a wide range of accounts and financial products for local and foreign clients.

6. Sharjah Islamic Bank

This bank specializes in Islamic banking and provides clients with the opportunity to open Shariah-compliant accounts. It also serves corporate clients.

7. National Bank of Ras Al Khaimah (RAKBANK)

RAKBANK is another bank that provides a variety of banking services and account options for Russian customers. The bank also offers online banking services.

8. Commercial Bank of Dubai (CBD)

This bank provides both standard banking services and innovative solutions to its clients. It is also aimed at corporate and private clients.

9. Noor Bank

Noor Bank specializes in Islamic banking and provides a wide range of Shariah-compliant financial products. It also provides services for corporate clients.

10. Ajman Bank

Ajman Bank is an Islamic bank that provides banking services to customers in accordance with Shariah principles. It provides various accounts for individuals and corporate clients.

Prices and requirements for opening an account for Russian citizens in the UAE

Price opening a bank account in the UAE and document requirements may vary from bank to bank and depend on the account type selected. Typically you will need to provide a passport and proof of source of funds. It is recommended that you contact your chosen bank for up-to-date information on requirements and costs.

Remember that when choosing a bank, it is important to pay attention to its reputation, years of work in the market and quality of service. Make sure the bank you choose suits your needs and goals, and be sure to get professional advice before opening an account.