Benefits
- Earning interest on your credit balance
- Foreign currency accounts facility
- Joint account facility
- Free online banking service and phone banking services
- Free Visa Electron Card – International ATM debit card
- Free supplementary ATM cards
- Arab Bank international network utilization
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
- Salary account facility
- Utility bills payments through ATMs, Online Banking and Phone Banking