An Overview of Banking App
A banking app is simply a downloadable mobile application which let users to access all crucial details and functions of their bank account such as perform transactions, send/receive cash, pay utility bills, submit federal taxes and much more. In short, you’ve the entire bank in the palm of your hands however, for each particular banking app, features and functionalities may vary.
How a Banking App Works?
Users will have to download their respective bank’s app or software on their mobile either through Google Play Store or Apple’s App Store. Once installed, you need to login to the application using the same credentials as that of online banking over the web browsers or perhaps via your secret ATM pin; installation and login guidance is mostly provided by phone banking officer over the call. On successful login, you can perform a number of operations allowed by the bank.
Most of the banking applications work in a similar manner as that of cashless transaction with exception to the digital/cryptocurrencies. Much like everything, the basic purpose of the banking app is to simplify your overall banking experience and give the convenience of remote account access anytime, anywhere.
Cost of Banking Apps
Banking apps are mostly free to download and use however, it’s possible that your bank may charge annual fee for overall management of the application. All the costing and payment details are provided to the customer as an official documentation but, just in case, you should ask the customer support representative to avoid any inconvenience.
Features to Consider in a Banking App
As with any other mobile application, you will need to consider the end purpose or reason to begin using the banking app in the first place. Most of the users will opt for basic features that are standard with almost every other app which includes account balance enquiry, transaction history, utility bills payment, cash receiving and transfer, avail promotional offers on your bank card provided by third-party vendors. In case your banking app dismisses all these basic features, you might as well skip downloading and proceed with the typical manual process.
Here is a brief instruction on usage of Mobile Banking Apps:
Source : Greater Bank
Safety & Security
Because banking apps are designed and developed by professional mobile app development agencies, they’re extremely safe and secure. For those already accessing their banking information online through web browser, same database is being accessed via mobile which makes a little difference.
Now that we know all the basics, let’s have a look at some of the top banking apps in the UAE based on customer reviews, rating on respective app stores, features, performance and overall user experience.
Best Banking Apps in the UAE
Emirates NBD (National Bank of Dubai) mobile app offers faster, reliable and convenient features to its customers in managing all key aspects of their account. It lets its users to view account details and current status, track transactional history, manage debit/credit card, online cash transfer to local and international accounts. The app’s updated version also enables users to convert transactions to EMIs, directly deposit Emirates NBD cheque simply by taking a snapshot of the filled cheque.
ADIB Mobile Banking
The Abu Dhabi Islamic Bank or ADIB’s official mobile banking app provide users instant and secure account access from the convenience of mobile device; anytime, anywhere. Official ADIB app is an all-inclusive money management smart application that allows customers to manage their finances, pay bills, transfer finds, send and receive money, track spending, view deposit, cover card transactions and much more in a safer and smarter way.
Much like any other banking app, the ADCB (Abu Dhabi Commercial Bank) app let users pay their utility bills, manage monetary operations, monitor account activity and debit/credit card balance, transfer cash worldwide and many other lucrative features in an effortless way. The app also include location-based search feature which helps you in finding ADCB bank branches and ATMs whereas upgraded version of the app also provide online chat service which directly connect users with customer support representatives.
NBAD/First Abu Dhabi Mobile Banking
NBAD (National Bank of Abu Dhabi)/First Abu Dhabi also have its official mobile banking app which offer quick, safe and convenient account access to its users. There’s also a friendly search feature which helps in finding nearest ATM and branch, perform cash transactions, payments, utility and credit card bill payment, place an order for a new cheque book and get in touch with bank’s supporting staff. The app is now available to download with the latest, updated feature which let users create new beneficiaries.
Delivering the most unique banking experience via convenience of mobile is Dubai Islamic Bank’s (DIB) official app which comes with more than 60 services. Other than the basic features such as bill payment, funds transfer, currency conversion, cash withdrawal from ATMs, the app also offer a complete portfolio of all your active bank accounts, finances, deposits as well as many other crucial details.
RAK Bank Mobile Banking
Ras Al-Khaimah (RAKBANK) digital app is a complete banking solution for both individuals and business users, offering a fresh and intuitive user experience. Many new features are being introduced which tops it at the best banking app in the UAE, allowing users to manage accounts and cards, transfer cash anywhere across the UAE as well as worldwide and even open a new bank account from the app itself.
Mashreq bank’s official app targets youth by sporting brighter colours, best design with amazing mobile banking functionality. Standard features are the same as that of any other banking app such as receive latest news and updates from the bank, access accounts, perform transactions, pay utility bills, track Salaam rewards and so on.
HSBC UAE App
Money management and controlling your accounts on the go has never been easier with HSBC official mobile banking app. It also features Digital Security Key that’s integrated into the app to offer instant account access.
Other features include tracking and monitoring account balance, transaction history, credit/debit card transactions for all your HSBC’s accounts local and global. Users can also pay utility bills as well as for other domestic services such as DEWA, Etisalat, Najm and AMEX.
Some other noteworthy features also include blocking and unblocking of debit/credit cards, app login via fingerprint and face recognition as well as inserting 6-digit PIN.
Standard Chartered Mobile App
Standard Chartered has been among the leading banks around the world. It’s amazing services are now available to users via official Standard Chartered Mobile App which provides instant access to transactions, balances and various features. The app has been upgraded which now offer added convenience of viewing your balance on the welcome screen simply via registration, transaction history view to check your current account balance and status on the go as well as app login via smart facial recognition technology.
Citibank’s Citi Mobile App
It’s one app to rule them all; Citi Mobile App by Citibank in the UAE brings simpler, faster, safer and reliable banking to its users. Other than refreshed, amazing look, the app offers greater flexibility, update personal information on-the-go simply by uploading your Emirates ID, review all account activities, activate your credit/debit card, reset ATM PIN and even avail lucrative offers from partner brands.
If you’re a regular bank customer in the UAE or a native, banking has never been easier and more convenient given to the digital revolution and availability of the many mobile apps.