Steps to open a BPI account in Dubai explained
If you’ve recently moved to Dubai from the Philippines, having an account with the Bank of the Philippine Islands (BPI) can be useful, especially if you must send money back home. If you didn’t open a bank account with BPI when you were back in the Philippines, don’t worry. You can easily open one here in Dubai. Here’s a handy guide on how to open a BPI account in Dubai.
ABOUT THE BANK OF THE PHILIPPINE ISLANDS
BPI is a premier banking institution in the Philippines and Southeast Asia. Established in 1851, this bank offers all the usual banking services for its users, including personal finance, savings, insurance, remittance and issuing loans and credit cards. BPI also has a reliable online banking portal, which is why it is popular with Filipino expatriates in the UAE.
BPI has overseas offices in Hong Kong, Japan and Dubai. The BPI representative office in Dubai only deals with creating savings accounts and deposits for remittance. Any other banking services from BPI, such as withdrawals or issuing loans, can only be done at the BPI branches in the Philippines.
REQUIREMENTS TO OPEN BPI ACCOUNT IN DUBAI
Are you confused about how to open a BPI account in Dubai? All Filipino expats in Dubai above 18 are eligible to open an account with BPI. You can apply through the official app or visit the BPI office in Dubai with the following documents to open a BPI savings account.
- A valid Emirates ID (original and copy)
- A deposit of AED 100
PROCESS
ONLINE PROCESS
- Download and open the BPI Mobile app.
- Navigate to the “Open a new account” section and select “Create a bank account.”
- Enter your personal details and choose your preferred account options.
- Capture a photograph of your valid Emirates ID (as approved by BPI) and take a selfie.
- Complete any additional information required by the app.
- Carefully review your application to ensure all details are accurate.
- Confirm your application to finalise the account creation process.
- Fund your new account within seven days.
IN-PERSON PROCESS
- Visit the BPI office in Dubai.
- Present your valid Emirates ID (original and a copy) to a bank representative.
- Make an initial deposit of AED 100.
- The bank representative will initiate the account opening process on your behalf.
- Once the request is initiated, creating the account and receiving your account details will take one month.
BPI DUBAI OFFICE DETAILS
- Location: Shop No.1 Al Diyafah Building, Al Mankhool Road, Al Hudaiba
- Contact: +971-4-354-2977
- Timings: 10:00 am to 07:00 pm Tuesday to Sunday | Closed on Mondays
For further assistance with timings or other enquiries, please get in touch with the BPI Dubai office at +971-4-354-2977 during business hours.
FAQs
How can I open an account in BPI in Dubai?
To open a BPI bank account in Dubai, visit the BPI representative office in Al Satwa with your Emirates ID and AED 100 for the deposit. You can also open an account via the official app.
What is the initial deposit for the BPI new account?
The initial deposit for opening a BPI savings account in Dubai is AED 100.
That concludes this quick guide on how to open a BPI account in Dubai. If you’re looking for local banking solutions, here is a list of the best banks in Dubai. You can also consider the Islamic banks in Dubai if you require Sharia-compliant financing solutions.
We’ve got many more helpful guides to help Filipino expats learn more about living in the UAE. If you are new to the city, here are the top Dubai neighbourhoods for Filipino expats. Our blog also lists the steps to renewing your Philippine passport and how to apply for an OEC in Dubai.
