Benefits
- Cash deposit or withdrawals from your account at any time
- Earn a monthly interest
- Combination of saving account and fixed deposit features
- Foreign currency accounts facility
- Free online banking service
- Free Phone banking services through our customer contact center
Fees & Charges
- Account Closure (Within one year)= AED 100
- Non-Arab Bank ATM Transactions in UAE- Cash Withdrawal= AED 2
- Non-Arab Bank Transactions in UAE- Balance Inquiry / Declined Transaction= AED 1
- Fee for using the ATM outside UAE and GCC= 2% (min of AED 10 and max of AED 50)
Interest Rates
- As per bank norms
Documents Required
- Valid Identification Document
- Valid Residency Document
- Birth Certificate or Identification Document for Minors
- Utility Bill (Electricity, Water, etc)
- Leasing Contract
Eligibility
- Available to UAE nationals & Residents
Addition Information
- Available in AED and other major currencies
- Profit bearing account
- Monthly interest calculated on daily cleared balances
- No cash withdrawal fees at Arab Bank ATMs
- Arab bank international network utilization