Savings Account

A flexible, easy account to help save and manage your money

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Our simple Savings Account lets you save in any major currency with competitive interest rates. You can withdraw money anytime, anywhere with your free international debit card.
 
  • 0.15% interest paid semi-annually
  • Free international debit card
  • Available in major currencies including AED, USD, EUR & GBP
  • Free monthly account statements
  • Minimum balance of AED 3,000 or equivalent to be maintained
  • Enjoy attractive remittance rates
  • Manage your money easily online or by phone

 

View applicable Fees & Charges. 

  • Warning: The Bank reserves the right to immediately block or close the Account(s), without prior notice, if it has reasonable grounds to believe there is a financial crime or fraud risk.
  • Warning: If updated KYC documents and valid identification are not provided within 90 days, your ATM card will be blocked. Transactions may still be conducted through the branch.
  • Warning: You must provide the Bank with up-to-date documents at all times. Failure to do so may result in charges, transaction restrictions, account blockage, or account closure.
  • Warning: Certain products require a minimum balance to be maintained in order to earn interest.
  • Warning: In accordance with UAE Central Bank instructions, your account will be closed and blacklisted if four cheques are returned due to insufficient funds within a one-year period.
  • Warning: Failure to comply with the Bank’s terms and conditions, before or during the banking relationship, may result in restrictions, blockage, or closure of your account.
  • Warning: The Bank may apply any credit balance held in your name, in any account or branch, toward any amount you owe to the Bank.

Supporting documents:

  • Your original passport (with at least 1 month left before expiry)
  • A valid Visa for expatriates
  • Valid Emirates ID
  • Proof of address (such as bank statement, utility bill, letter of employment, tenancy agreement)
  • For non-residents: a reference letter from your current bank
  • Minimum deposit to open the account: AED 3,000 or equivalent

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