Liv is a fully digital financial platform that operates in the financial services industry. It is a product of Emirates NBD Group, licensed and regulated by the Central Bank of the UAE. Liv services are available to physical persons only. In a nutshell it’s a combination of money and lifestyle services. Liv Bank combines the reliability of a traditional bank with the agility and innovation of a digital-first approach. LIV Bank Partnerships: Emirates NBD & Emirates Islamic Bank.
Liv Bank Key Facts
- Discounts at over 2,000 merchants in UAE;
- Physical card is available;
- 24/7 chat assistance;
- The best FX rates;
- Quick transfers;
- Liv customers can withdraw up to AED 15,000 daily through ATM;
- Possibility to withdraw and deposit cash for free through any Emirates NBD & Emirates Islamic ATMs;
- No cheque books.
Liv Bank Services
MONEY services include:
- A simple digital current account;
- A card for payments around the globe;
- An easy way to pay utility bills;
- Keep track of your payments, wherever you go and whatever you do;
- Pay people back with a tap. Choose from your phone or social media contacts;
- Transfer money in and out of your account, locally;
- 24/7 emergency support.
LIFESTYLE services include:
- Great offers for dining, activities, events and other cool stuff;
- Recommended places and activities around you, to match your preferences;
- In-app chat to contact the Liv team when you need help;
- Learn more about where and how you spend your time and money.
Types of Accounts in Liv Bank
- Livionaire Account – a free-of-cost savings account where you can deposit your money;
- Bonus Multiplier Account – an upgraded savings/current account with Liv Bonus Multiplier offers enhanced interest rates and pre-decided banking benefits;
- Goal Account – an add-on deposit account designed to help you set money aside with simple recurring rules;
- Liv Primary Account – a deposit account that does not offer any interest. The funds in the primary account would be eligible for interest as per the Bonus Multiplier banking package;
- Liv USD Account – a savings account where customers can save their money in USD currency.
Note: ATM / Cash withdrawals are not permitted from the Liv USD account, nor can users make outbound/outward transfers in USD currency to beneficiaries outside Liv, ENBD Bank, and/or Emirates Islamic Bank; - Money Ahead Deposit – flexible savings with upfront return;
- Current Account – for everyday transactions.
Types of Products in Liv Bank
- Personal Loan;
- Insurance Solutions: The Ultimate Health Insurance; Salary Protect; Women’s Protect;
- Credit Cards: fully digital and easy to use;
- Remittances and Payments: DirectRemit; International Transfers; Local Transfers; Pay a Friend.
Personal Account Opening Document Requirements
- Valid Emirates ID and passport;
- Proof of residence (utility bill or tenancy contract);
- Income documents (salary certificate, bank statements, or income tax returns).
