Benefits
- A savings account with no minimum balance.
- No monthly account fees to be paid by account holders.
- Withdraw money using online banking or telegraphic transfers, no debit card provided
- Available in AED only
- Deposit money to account using cheque deposit, telegraphic transfers, or online banking.
- Interest is calculated on a daily cleared closing balance and paid to you monthly.
- You can make one debit transaction (transfers, payments, etc.) per month which will not result in a loss of interest for the month

Fees & Charges
- Account Closure (Within one year)= AED 105
Interest Rates
- Less than AED 100,000 = 0.01%
- Starting from AED 100,000 and less than AED 1 million = 0.02%
- Starting from AED 1 million and less than AED 5 million = 0.03%
- Starting from AED 5 million and above = 0.05%
Documents Required
- If you already hold an account with HSBC, then no further documents are required to open an E-Saver Account.
Individual Account
- original passport (for all customers)
- valid residence visa (for non-GCC national customers only)
- original Emirates identification card (for all customers)
- proof of UAE residence in the form of either a utility bill/ rental/ lease agreement/ title deed/ employment letter
- original labour card/work ID (for female applicants on father’s/husband’s sponsorship)
- original trade licence (for all self-employed customers)
- for income transfer customers, original income transfer letter from the employer must be provided
Joint account
- original passport (for all customers)
- valid residence visa (for non-GCC national customers only)
- original Emirates identification card (for all customers)
- proof of UAE residence in the form of either a utility bill/ rental/ lease agreement/ title deed/ employment letter
- original labour card/work ID (for female applicants on father’s/husband’s sponsorship)
- original trade licence (for all self-employed customers)
- for income transfer customers, original income transfer letter from the employer must be provided

Eligibility
- UAE Nationals and UAE Residents with valid Residence Visa
Addition Information
- Online, phone, and mobile banking options available.
- Joint account option available.
- Lump-sum deposits or recurrent monthly payments to top up savings.


