Top 10 Digital Bank Accounts in Dubai, UAE

Digital bank accounts in UAE have rapidly transformed the traditional financial landscape. With advanced technology, they now bring advanced banking solutions to your fingertips. With a focus on customer-centric services, the top banks provide seamless online account management. Some of their services include instant fund transfers, AI-generated money-saving strategies, and enhanced digital security.

The rise of digital banking promotes a cashless economy. As the sector evolves, it continues to redefine how individuals and businesses manage their finances in this tech-savvy world.

List of Digital Banks in UAE

Given below are the top 10 best digital banks in UAE —

Liv. Account
YAP
ADIB Smartbanking
Zand Bank
Wio Bank
E20 by Emirates NBD
Mashreq Neo Account
Xpence
ADIB Amwali Account

1. Liv. Account

Liv. Bank by Emirates NBD is the UAE’s 1st digital bank. This account features a smart, life-centric app that lets you easily manage your finances while giving you real-time insights into your spending. Opening an account is quick, and the app integrates seamlessly with your lifestyle by offering features like instant bill splitting, personalised offers, and easy access to exclusive deals.

On top of that, Liv. also lets you save smarter with customisable saving goals and no minimum balance. These, combined with its user-friendly interface, make it a highly attractive option for hassle-free banking.

Features & Benefits of Liv. Account

Banks Accounts
- Salary Transfer Account
- Savings Account
- Joint Account
Online Account Opening
Free First Chequebook
Seamless Remittances

Ways of Banking -

Liv X App
Liv Lite App
Voice Support & WhatsApp Banking
ITM Banking
Leverage ENBD ATMs and CDMs

2. YAP

YAP is a branchless digital bank, redefining banking in the UAE. It offers a seamless, hassle-free experience, allowing you to open an account in minutes through their app without paperwork. With YAP, one of the best digital banks in UAE, you can manage your money smartly, track expenses, create budgets, and even get real-time spending alerts.

The app offers insights into your financial habits, allowing you to save and spend wisely. It also provides virtual cards for safe online transactions and allows easy international transfers. With no hidden fees and complete transparency, YAP is ideal if you are seeking a modern, straightforward approach to banking.

Features & Benefits of YAP -

No minimum balance required
Zero hidden fees
Simple tools that simplify your banking experience
High security
Easy money transfer facility
100% digital presence
Round-the-clock customer support experience

YAP Services -

YAP Account
Local and International Transfers
Bill Payments
Virtual Cards
Spending Analytics

3. ADIB Smartbanking

ADIB Smartbanking brings all the benefits of a traditional bank in a fully digital format. It’s designed for people who want fast, easy, and secure banking. The app lets you open an account without visiting a branch and offers features like instant fund transfers, bill payments, and even customised financial planning tools.

With focus on convenience, ADIB Smartbanking provides access to all of ADIB's Islamic banking services. This makes it perfect if you’re seeking Sharia-compliant banking on the go. It’s a one-stop solution for managing your finances seamlessly.

Features & Benefits of ADIB Smartbanking -

Transfer your salary and win rewards via the ADIB salary bonus
Get 1 free domestic and international transfer (each) per month
Earn profit on every savings.
Enjoy 1,500+ discounts and exclusive deals via the smartdeals app

4. Zand Bank

Zand is UAE’s leading AI-powered digital bank that offers retail banking services. Among the best digital banks UAE, it’s designed to streamline banking for individuals and businesses alike. With an easy-to-use platform, this bank allows you to open accounts, make payments, and manage finances through its app.

The focus is on providing a completely paperless experience, making banking faster, smarter, and more efficient. This online lending institution provides tailored solutions for businesses that streamline payroll, invoicing, and corporate expenses.

All in all, Zand is ideal for businesses and individuals looking for seamless banking.

Existing Products of Zand Bank -

Transaction Banking
Demand Deposit Account
Virtual Integrated Account
Global Payment Services

Soon-to-be-Launched Products -

Digital Asset
Wealth Management
ESG Solution

5. Wio Bank

Wio Bank gives you an all-in-one digital banking experience. Aimed at individuals and small businesses, it provides a range of features — from easy account opening to advanced financial management tools. You can set up sub-accounts, manage your finances, and get real-time insights into your spending patterns.

Businesses, meanwhile, can also benefit from Wio’s digital bank account UAE, which has features for managing cash flow, invoices, and payments, all within a seamless platform.

Business Product Features of Wio Bank -

Cards and Payments
Free Wio Card
Virtual Cards
Multi-currency Accounts
Local Transfers
Swift International Transfers
Cash and Cheques
Cash Withdrawals (All ATMs)
Cash Deposits
International Cash Withdrawals
Free Cheque Book
Other Banking Services
Salary Payments
Invoicing
Multi-user Account Access

Personal Product Features of Wio Bank -

Invest with Wio
Save with Wio
Open an Instant Digital Account

6. E20 by Emirates NBD

As a part of Emirates NBD, this is a digital business bank designed specifically for business. Offering a quick, paperless account setup, E20 also provides essential tools like invoicing and expense tracking, making it an ideal banking partner for small businesses and start-ups.

The app also offers business insights, helping entrepreneurs manage their cash flow and make informed financial decisions. E20 brings business banking into the digital age, providing a smooth, efficient way to manage finances on the go.

Key Features of E20 by Emirates NBD -

Customisable Financial Dashboards
Comprehensive Payments and Collections Suite
Management of Trade Finance Requirements with smartTRADE
Detailed Account and Statement Reporting
WPS Features for Managing Monthly Salaries
Open Additional Accounts
Update Personal and Company Documents
Make Chequebook Requests

7. Mashreq Neo Account

The digital arm of Mashreq Bank, Mashreq Neo allows you to conveniently access top-notch banking online. As one of the top digital bank accounts in UAE, it lets you access various rewards and convenient features that make your banking highly rewarding.

Key Features of Mashreq Neo Account -

Cashback on Salary Transfer
Digital Wallet
Easily Open Digital Bank Account Online Within 2 Mins
Cashback on Transactions in the First 90 Days
Free Debit Card
Swift Remittances
Easily Invest in Global Markets, Foreign Currencies, and More

8. Xpence

Xpence is a digital bank designed specifically for startups and freelancers. It offers tools that enhance the basic banking experience. It provides real-time expense tracking, invoicing, and spending insights, helping businesses stay on top of their finances.

Xpence offers a digital wallet that allows you to make payments and manage company expenses efficiently. With a simple user interface, it makes running a business easier by automating finance.

This digital bank is suitable for entrepreneurs who want to streamline their financial processes without the hassle of traditional banking.

What’s in This Account?

Ideal For	Freelancers Startups SMEs Corporates
Products	Corporate Cards Teams Virtual Cards Automated Bookkeeping Invoicing

9. ADIB Amwali Account

This is a digital bank account in UAE designed for young individuals. It offers a seamless, mobile-first experience. Tailored for the youth, Amwali provides access to essential banking services like savings, spending, and managing finances.

It includes features like budgeting tools, instant notifications, and financial education to promote responsible spending habits. With competitive benefits such as fee waivers and cashback offers, Amwali aims to promote financial independence among the youth while keeping their banking experience hassle-free.