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CBD Al Islamic Current Account

CBD_Account

CBD

Min. Salary

AED

Min. Balance

5000 AED

Non Maintenance Fee

26.25 AED

Currencies

AED, USD, GBP and Euro

Features

Conventional Banking
Free Cheque Book
Free Debit Card
Internet Banking
Mobile Banking
Multiple Currencies
No Salary Transfer
Sharia Compliant

CBD Al Islamic Current Account is a Shariah-compliant account that operates on low minimum balances. The current account allows the depositor to withdraw funds at any time without any notice.

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Benefits

  • Shariah-compliant account
  • A complimentary debit card embedded with the latest chip & PIN security along with contactless payment technology
  • A complimentary cheque book on account opening
  • Earn Commercial Bank reward points on every AED spent from the account
  • Overdraft facility is available for individual accounts to meet unplanned expenses or any other emergencies
  • Transactions can be made in most major currencies.
  • Free access to internet banking and mobile banking services

Fees & Charges

  • Account Closure (Within one year)= AED 105
  • Non-CBD Bank ATM Transactions in UAE- Cash Withdrawal = AED 2 per transaction
  • Non- CBD Bank Transactions in UAE – Balance Inquiry / Declined Transaction= AED 1.05 per transaction
  • Fee for using the ATM outside UAE and GCC = AED 20 per transaction

Interest Rates

  • Not Applicable

Documents Required

  • A copy of passport or national ID
  • A copy of valid residence visa
  • A copy of Emirates ID
  • Salary certificate for employees or source of income (for others)
  • A duly filled and signed in account opening form

Eligibility

  • Must be UAE resident or UAE national.
  • Minimum 21 years of age.

Addition Information

Addition Information

  • A minimum monthly balance of AED 5,000 needs to be maintained in the account.
  • A ledger fee of AED 26.25 per month will be charged if the minimum balance is not maintained.
  • The current account can be opened online or by visiting any of the bank branches.
  • Additional cheque books are issued at a nominal fee of AED 1.05 per leaf.
  • Six free ATM transactions per month. A nominal fee of AED 10.50 per transaction will be charged thereafter.
  • Images of all the leaves in the cheque book will be available in online banking statements.
  • A free personal financial management tool – Budget and Track tool to track expenses and to set budgets.
Apply Now

Disclaimer: Information found on saverfox.com is provided for illustrative purposes only, rates are subject to change based on your personal circumstances. You should always speak to a trained professional before applying for any financial product

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