United Arab Emirates
activeFeaturedNeobankBusiness banking
- HQ
- Abu Dhabi
- Fee
- Confirm live tariff in-app — personal and business are different SKUs
Zand
UAE’s first fully licensed all-digital bank, on its own homepage. CBUAE. Dubai.
Legal entity: Zand Bank PJSC
Rate this app
6.9Mixed
AlternativesFive questions
At a glance
Is it a bank?
Yes — Licensed bank — Zand Bank PJSC (Central Bank of the UAE). Still read the entity on the statement.
If it fails?
Zand Bank PJSC is licensed by the Central Bank of the UAE. Eligible deposits follow the UAE scheme for licensed banks — confirm the live CBUAE guarantee cap. Not a crypto exchange with a bank sticker.
Salary?
Not listed. An IBAN or sort code is not automatically a salary account.
Open from abroad?
UAE KYC. An App Store tile is not a licence to onboard from abroad.
Monthly fee
Confirm live tariff
Account number
No IBAN-class local rail on this file.
NeoBankDBVerdict
Licence first · score second
6.9
/10 · Mixed
Zand Bank PJSC is licensed by the Central Bank of the UAE. Its own homepage calls it the UAE’s first fully licensed all-digital bank. Address on the footer: Emaar Square, Building 6, Level 1, P.O. Box 62593, Dubai. That is a bank file, not a crypto-card file. Digital-asset partnerships sit beside the deposit — they are not the deposit. Wio is the Abu Dhabi peer. Liv is Emirates NBD’s skin. Read the statement entity. Eligible deposits follow the UAE licensed-bank scheme; this file does not invent a dirham cap the homepage did not print.
What it is
Zand received its CBUAE licence in 2022 and onboarded first customers that July, per its own newsroom. Directories still file it as a ‘crypto bank’. The licence is a bank licence. The crypto sleeve is a product.
Best for: UAE firms and residents who want a CBUAE digital bank rather than an incumbent skin.
Last checked 2026-09-02. Not advice.
What it does well
- +CBUAE bank named on the footer
- +All-digital on its own copy
- +Dubai address published
- +Not a payments company
What to watch
- −Residency / KYC gated
- −Digital-asset headlines can confuse the deposit
- −Young bank
- −Guarantee cap not printed on the homepage
Legal entity, not the app icon
Who is behind it
- Legal name
- Zand Bank PJSC
- Offices
- Emaar Square, Building 6, Level 1, P.O. Box 62593, Dubai, UAE
The product, not the brand colour
The account
- Platforms
- iOS · Android · Web
- Account types
- Retail · Corporate
- Partner bank
- Zand Bank PJSC
- Availability
- United Arab Emirates
- Remote open
- UAE KYC. An App Store tile is not a licence to onboard from abroad.
How money actually moves
- Who holds the cash
- Bank balance
- How money moves
- In-app ledger
- Built for
- Personal · Business
- Settlement
- App-ledger instant; bank rails per corridor
- Freeze risk
- Bank-grade; still not freeze-proof
- Card
- mastercard · physical · virtual · Apple Pay · Google Pay
Licence first
Safety
Zand Bank PJSC is licensed by the Central Bank of the UAE. Eligible deposits follow the UAE scheme for licensed banks — confirm the live CBUAE guarantee cap. Not a crypto exchange with a bank sticker.
Holder / issuer: Zand Bank PJSC
- Central Bank of the UAELicensed bank — Zand Bank PJSC · United Arab Emirates
Fees
- Monthly
- Confirm live tariff
- FX markup
- Bank FX
- ATM
- Confirm live
Features
- –IBAN
- –Fee-free core
- –Multi-currency
- ✓Apple Pay
- ✓Google Pay
- ✓Virtual card
- ✓Physical card
- –Metal card
- –Crypto
- –Stocks
- ✓Business
- –Kids
- –Halal
- CBUAE digital bank
- Corporate + retail
- Digital-asset rails are a sleeve, not the deposit
Before you tap Sign up
How to open
Step 1
Name the entity
Zand Bank PJSC. CBUAE licensed bank. The crypto headline is not the deposit.
Step 2
Pass UAE KYC
Residency documents as asked in-app. Do not treat a store listing as approval.
Step 3
Separate the sleeves
Bank balance vs digital-asset product. Only the bank balance is a bank deposit.
Operator documents
Their own papers
These are the operator’s documents. They outrank this review if they disagree.
Score
- Safety25%
- 8.2
- Fees20%
- 6.8
- Features15%
- 7.6
- App15%
- 7.6
- Global15%
- 3.2
- Support10%
- 6.8
Change log
Full logLicence
Zand Bank PJSC licensed by CBUAE
UAE’s first fully licensed all-digital bank on its own homepage. Emaar Square, Building 6, Dubai.
Available in
Straight answers
FAQ
01Is Zand a bank?
Zand holds a banking-style licence (Central Bank of the UAE). Still read the legal entity on the statement, not the app icon.
02How is money protected?
Zand Bank PJSC is licensed by the Central Bank of the UAE. Eligible deposits follow the UAE scheme for licensed banks — confirm the live CBUAE guarantee cap. Not a crypto exchange with a bank sticker.
03Where is Zand available?
We list 1 market on NeoBankDB. Residency and onboarding rules still sit with Zand.
04Card and wallets?
mastercard · physical · virtual · Apple Pay · Google Pay
05Can I open Zand remotely?
UAE KYC. An App Store tile is not a licence to onboard from abroad.
06What is the legal name behind Zand?
Zand Bank PJSC. Read the entity on the statement, not the app icon.
Ratings and reviews
No published user reviews yet. The NeoBankDB score still comes from licence, fees, and the product — not from an empty star average.
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