Benefits
- Get a chequebook and a debit card free with the account.
- The account can be opened in multiple currencies including AED.
- Get monthly or quarterly e-statements.
- Unlimited 24/7 access to the account through Samba online banking and Samba phone banking and ATMs.
- Standing instruction facility and IPO services available.
- Salary transfer facility available with the account
Fees & Charges
- Account Closure (Within one year) = AED 100
Interest Rates
- A non-interest paying account.
Documents Required
For individuals
- A valid passport copy.
- A valid UAE Resident Visa (if applicable)
- Completed and duly signed in Application form.
Small and Medium Enterprises
- A valid trade license.
- MoA and AoA, partnership agreement, and other incorporation documents
- Financials and/or bank statement copies
- Completed and duly signed in the Application form
Eligibility
- Applicants must be above 18 years
- Must be a resident of UAE and GCC nationals
- Both individuals and small and medium enterprises are eligible
Addition Information
- A minimum average balance of AED 3,000 needs to be maintained in the account.
- A fee of AED 25 per month will be charged if the minimum balance is not maintained.
- A fee of AED 50 will be charged for setting up standing instructions.
- Additional chequebook can be availed at AED 1 per leaf.
- Samba@lert service provides regular alerts about account transactions and updates through SMS and e-mail.
- Get assistance in opening a Sambacapital investment account from Samba bank branch officers.
- Get access to Structured Treasury Products.