Benefits
- Shariah complaint account
- Complimentary first chequebook for AED accounts
- Unlimited deposits and withdrawals at no extra cost
- The account can be opened in multiple currencies
- A free international debit card to access funds at teller machines, for online transactions, and at merchant outlets.
- Higher withdrawal limits at both UAE ATMs and UAE SWITCH ATMs.
- An amount of AED 10,000 is required as an initial deposit.
Fees & Charges
- Account Closure (Within one year) = AED 100
- Non- SCB ATM Transactions in UAE- Cash Withdrawal = AED 2.10 per transaction.
- Fee for using the ATM outside UAE and GCC = AED 21.00 per transaction
Interest Rates
- A non-profit paying account.
Documents Required
- A duly filled and signed in application form.
- A copy of valid passport
- A copy of valid Resident visa
- Emirates ID
Eligibility
- Applicants must be minimum of 21 years of age
- Both UAE nationals and residents are eligible
Addition Information
- Access cash 24/7 through internet banking, ATMs, and phone banking.
- Set up standing instructions
- Cash can be deposited at cash deposit machines.
- SMS alerts for account updates and transactions.
- Timely secured e-statements.
- A minimum monthly average balance of AED 3,000 needs to be maintained to avoid penalty.
- Pay other bank credit card bills using online banking.
- A ledger fee of AED 26.25 per month will be charged if the minimum balance is not maintained.