Savings Account
Interest-bearing pure savings account, available in major foreign currencies, suitable for individuals of all ages. An interest-bearing transaction account available in the major international currencies
- Savings Account available in major international currencies: UAE dirham (AED), US dollar (USD), UK pound sterling (GBP), Swiss franc (CHF), Australian dollar (AUD), Canadian dollar (CAD) and euro (EUR)
- Interest paid on the minimum balance in the account between the sixth and last day of the month. Paid half-yearly on dirham, quarterly for other currencies
- Cash withdrawals and deposits in currencies other than dirham, subject to availability and handling charges
- Exchange rate fluctuations eliminated on foreign currency savings; ideal for foreign remittances
- Funds transfer between savings accounts in different currencies
- No minimum balance requirement
- 24-hour easy access to the account, through the following electronic channels:
- More than 730,000 ATMs worldwide
- Point-of-sale terminals in 24 million outlets worldwide
- Dedicated telephone banking service - 800 100
- Mobile phone banking service
- Free Shopping Card/Visa Electron ATM Card for dirham Savings Account
- Free quarterly statements of account
- Individuals, including joint accounts with either/or mandate
- UAE residents and non-residents
- Minors accounts can be opened and operated by a guardian