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MOVING TO THE UAE

FINANCE & BANKING

The UAE's banks are all modern, customer friendly and well-regulated institutions – and offer you a lifeline for managing your finances, paying bills and borrowing money.

Opening an account

Opening a bank account in the UAE is straightforward and a requirement for most residents.

Customers tend to visit a branch in person to open their Account, but we know you’re busy and to simplify the process and make the on-boarding experience as easy and convenient as possible, we can come to you and guide you in the necessary paperwork.

It might feel like a jungle out there with endless choices and alternatives to accounts and deposits. Don’t worry, our relationship managers will help you find banking solutions that fits your lifestyle. Below is a list of some of our most popular accounts.

To open a Current Account with ADCB you need to have a UAE residence visa. You need to submit copy of your passport with, your residence visa and UAE Emirates ID and bring along your original passport and Emirates ID for validation.

Info

To apply for an ADCB Current Account, visit www.adcb.com.

Conventional Banking

Savings Account Keep things simple; with a single currency (AED) and attractive half-yearly interest payments. Interest calculated every month based on your minimum monthly balance. Loaded with free* benefits including e-statements and remittances.

Current Account Bank more flexibly; with checking facility and no minimum balance. Available in all major currencies, with free* remittances and e-statements.

Call Account Enjoy more versatility; with a variety of major currencies and monthly interest payments. Interest calculated every day based on daily balance. Includes free* remittances and e-statements.

Active Saver Online Account Open a Savings Account online instantly and earn higher interest rates as your account balance grows.

Fixed Deposit Account Put idle cash to work; enjoy flexible tenures and guaranteed interest. Offering attractive rates, and available in many different currencies. Easy to set-up and manage. You can also apply for an overdraft facility to meet any urgent needs.

Debit Cards Secured with the latest ‘Chip and PIN’ technology, the Savings (except the Active Saver Online Account) and Current accounts come with free* Debit Card. Offering greater flexibility and convenience your Debit Card is packed with an array of features and benefits which are carefully designed to make everyday purchases and payments easier.

What’s more, get rewarded for all your retail spend be it for utilities, dining, shopping or school fee payment on the type of Debit Card you use and choose: Etihad Guest Above Debit Card usage rewards you with Etihad Guest Miles , while Conventional / Islamic Debit card usage rewards you with TouchPoints.

*Terms and conditions apply

Islamic Banking

Savings Account

Keep things simple; save in AED with this Mudarabah partnership contract. Receive profit declaration and payments quarterly, based on minimum monthly balance. Loaded with free* benefits including e-statements and remittances.

Special Savings Account

Save for the future; in AED, USD, EUR or GBP. Receive quarterly profit declaration and payment based on average daily balance.

Current Account

Bank more flexibly; with checking facility and no minimum balance. Available in all major currencies, with free* remittances and e-statements.

Term Investment Deposit

Put idle cash to work; choose how long you want to save, and earn quarterly profit. Available in different currencies, with the option of automatic renewal.

Millionaire Destiny Savings Account

Realise your ambitions overnight; with the chance to win a grand prize of AED 1 million every month, 10 prizes of AED 10,000 each and 100 prizes of AED 5,000 each, while you earn quarterly profit.

Emirati Millionaire Savings Account (UAE nationals only)

Enhance your family’s prosperity; with the opportunity to win AED 1 million every 6 months, AED 250,000 every month and AED 10,000 announced daily.

*Terms and conditions apply

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