TigerWoods

Hi - I've just accepted a job in Abu Dhabi with Big 4 consulting firm. Can anyone suggest the best way to do banking in AB.

It would be good if i could set this up before I go out. I'm with Barclays at the moment, but should I look at other providers, local banks, offshore?

All help appreciated.

Thanks

Tillybean

Congratulations on your new job.

I used to work for one of the Big 4 and they had it set up that on the day I joined the firm, a representative from HSBC came and visited and joined me up for a new bank account as this was who they banked with, so it meant I got my salary quicker.

It only took a couple of days to open.

Just so you know, you will not be able to open a bank account without your residency visa and this may take a while to process so you probably wont be able to open anything until you are here and have that visa in your possession.

With regards to off-shore. Contact a Financial Advisor.

Barclays do have offices in Abu Dhabi - but for how much longer is anyones guess. There is also HSBC, Citibank, Royal Bank of Scotland etc etc.

Meow

If you are going to be UK non-resident, you should have an offshore account. Make sure that you complete the correct HMRC forms too.

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