Benefits
- No charges for cash withdrawals at any bank ATM across the UAE and GCC
- Free instant international fund transfers through online and mobile banking between your global HSBC accounts
- Free global emergency cash up to USD 10,000 from any HSBC branch abroad
- Special offers and privileges for dining, shopping, travel and entertainment with HSBC Advance Credit Card
- Current account available in AED, USD, GBP and EUR currencies
- Free unlimited cheque books
- 50% discount on processing fee for international HSBC account opening
- No fee for overdraft up to 1 salary multiple or AED 50,000 (whichever is lower)
Fees & Charges
- Account Closure (Within one year)= AED 105
- Non- HSBC ATM Transactions in UAE- Cash Withdrawal= 0
- Non- HSBC Transactions in UAE – Balance Inquiry / Declined Transaction= 0
- Fee for using the ATM outside UAE and GCC= AED 21
Interest Rates
- Interest rate = 0.25%
Documents Required
- original passport (for all customers)
- valid residence visa (for non-GCC national customers only)
- original labour card / work ID (for GCC national customers only)
- proof of UAE residence in the form of either a utility bill/rental agreement/employment letter dated within the last 2 months
Additional documents required for Advance by salary-based eligibility criteria:
- original trade license (for all self-employed customers)
- salary certificate (for customers working in government/public sector companies)
- salary transfer letter (for customers working in private sector companies) residents
Eligibility
- For UAE Nationals & Residents of UAE
- Minimum monthly salary transferred to an HSBC account AED 15,000 or
- Minimum monthly average balance in deposits and/or investments of AED 100,000 (or equivalent in foreign currency) or
- For employees of CEP companies only – Get a personal loan and upgrade to HSBC Advance
Addition Information
- Preferential rates on personal loans
- Get ‘Buy 1 Get 1 Free’ offers with HSBC ENTERTAINER mobile app
- Access to a dedicated wealth advisor
- No annual fee on the HSBC Advance Platinum MasterCard credit card