Last Updated on 19 March 2019

Credit Bureau Consent, Welcome Offer & General Terms & Conditions

I hereby acknowledge and agree to allow Citibank to share my details with any UAE credit bureau and make enquiries about me with any UAE credit bureau at its sole and absolute discretion. I agree to the Terms and Conditions listed below. Citibank Terms and Conditions apply, are subject to change without prior notice and are available upon request. For the current Terms and Conditions, please visit our website www.citibank.ae. All offers are made available on a best-effort basis and at the sole discretion of Citibank, N.A. Citibank, N.A. makes no warranties and assumes no liability or responsibility with respect to the products and services provided by partners/other entities. By inquiring about our services, offers or products, you will be authorizing our representatives to approach you on your contact details including your telephone/mobile number for any product or service offered by Citibank. The applicant agrees to be bound by Citibank’s General Terms and Conditions available on the website www.citibank.ae. The applicant hereby represents and warrants that the information provided herein is true, accurate, and complete and that he/she agrees to remain responsible for and to indemnify Citibank, N.A. from and against any losses, claims and/or liabilities incurred by Citibank NA as a result of having relied on such information. Citibank, N.A. is not required to verify the information provided by the applicant and neither is the bank obliged to provide the applicant with any loans or credit facilities based on the provided information. The products and services mentioned on this website are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, The Isle of Man or the UK. This page is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals.

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FGB Small Business Startup Account

FGB Bank

WarningMessage This product is discontinued by the Bank

Small Business Startup Account

Interest Rate

0%

Min Balance to Maintain

AED 0

Monthly Fee

AED 0

Relationship Manager

Yes

Yes

Approval Time

2 Days

Local Transfer Cost

AED 40

International Transfer Cost

AED 80

FGB
interest rate

0%

Interest Rate

min balance

AED 0

Min Balance to Maintain

monthly fee

AED 0

Monthly Fee

relationship manager

Yes

Relationship Manager

Yes

Currency Account

approval time

2 Days

Approval Time

local transfer cost

AED 40

Local Transfer Cost

inter transfer cost

AED 80

International Transfer Cost

 

Required Documents

  • Copy of passports of all owners
  • Trade License
  • Commercial registration
  • 12 months bank statement
  • Facilities required letter
  • Chamber of commerce certificate
  • Audited financial statements for 3 years
  • Facilities required letter

Main Benefits

  • Free cheque book
  • Free monthly e-statement
  • Free SMS alerts to monitor your transactions
  • Access to mobile banking
  • Unlimited teller transactions

Frequently Asked Questions

⭐ Can I authorise another person to access my FGB account?

A. Yes, but that person will have to undergo identity check.

⭐ How does e-banking work in FGB?

A. E-banking allows you to easily carry out banking transactions around the clock in FGB.

⭐ Do I have to make daily payments in FGB Bank?

A. No, payments are made only on monthly basis in FGB.

⭐ What is the expected time to realize outstation cheques?

A. The expected time to realize outstation cheques is around 10-14 days.

⭐ Do I get the facility to withdraw cash in any other city?

A. Yes, you can withdraw cash from any FGB or non FGB ATM in any part of the world.

FGB

First Gulf Bank (FGB) was established in 1979 to offer all sorts of financial services to consumers and business houses by creating an extensive network of relationship managers and branches. FGB is known for its high-end commitment in maximizing value for customers, employees, and shareholders. It focuses exclusively on delivering banking products and services as per client's requirements that also support the UAE’s dynamic economy.

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