Who needs an IBAN in Dubai?

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(Michelle Gjerde) #1

Who requires an IBAN while living in Dubai and UAE?


(Abdullah Al Khalaf) #2

Bank customers, who receive or make electronic payments in UAE or abroad, will require IBAN.

If you have more than one account at your bank, you will require an IBAN for each of your accounts.


(Daniel Mc Queen) #3

IBAN can be used for the following local and international payments:

  • Making a fund transfer (through a bank) to an account at a bank in the UAE;
  • Making a payment (through a bank) to an account in a country that has adopted IBAN;
  • Making a fund transfer (through a bank) to an account in a country that has not adopted IBAN.
  • Receiving a fund transfer (through a bank) from an account at a bank in the UAE;
  • Receiving a fund transfer (through a bank) from an account in a country that has adopted IBAN; and
  • Receiving a fund transfer (through a bank) from an account in a country that has not adopted IBAN.