CBD Sme Accounts in UAE

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 information provided on this website does not constitute the marketing of any products or services to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Marino, San Marino, Vatican and Isle of man. The content on this website 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. Find your nearest Citi branch: www.findmyciti.com/ae/. Call us at: +971 4 311 4000.

Address: Citibank UAE, P.O. Box 749, Dubai, United Arab Emirates.

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Features of CBD SME Account

  • No account maintenance fees will be charged as long as minimum monthly balance of just AED 25,000 is maintained
  • Six account currency denominations choices is provided
  • Chequebook and business debit card are provided free of cost in CBD Bank
  • Per month you can get upto 10 fee-free branch teller transactions
  • Free mobile banking, SMS transaction alert and online banking service
  • A dedicated Business Banking call centre is provided 24/7 at your service

Documents Required of CBD SME Account

  • Application form
  • Passport Copy + Visa
  • Articles of Association (AOA)
  • Board Resolution
  • Trade Licence
  • Memorandum of Association (MOA)
  • Chamber of Commerce Certificate copy
  • Address Proof

CBD SME Account

CBD Bank

2 CBD Bank SME Accounts

My Business

Interest Rate

0%

Min Balance to Maintain

AED 20K

Monthly Fee

AED 150

Yes

Approval Time

2 Days

Local Transfer Cost

AED 50

International Transfer Cost

AED 75

interest rate

0%

Interest Rate

minimum balance

AED 20K

Min Balance to Maintain

monthly fee

AED 150

Monthly Fee

Yes

Currency Account

approval time

2 Days

Approval Time

local transfer cost

AED 50

Local Transfer Cost

International transfer cost

AED 75

International Transfer Cost

Benefits

  • No account maintenance fees is needed provided minimum monthly balance of AED 25,000 is maintained
  • Free Cheque Book
  • Free Business Debit Card
Apply Now

Benefits

  • No account maintenance fees is needed provided minimum monthly balance of AED 25,000 is maintained
  • Free Cheque Book
  • Free Business Debit Card
  • Free 10 branch teller transactions per month
  • You can access to Business Banking Zones and Business Banking tellers
  • Free mobile banking service
  • Free SMS transaction alerts
  • Dedicated Business Banking call centre
  • Dedicated self-service phone banking
Apply Now
View Details

View details on bank page

My Business Plus

Interest Rate

0%

Min Balance to Maintain

AED 150K

Monthly Fee

AED 250

Relationship Manager

Yes

Yes

Approval Time

2 Days

Local Transfer Cost

AED 40

International Transfer Cost

AED 60

interest rate

0%

Interest Rate

minimum balance

AED 150K

Min Balance to Maintain

monthly fee

AED 250

Monthly Fee

relationship manager

Yes

Relationship Manager

Yes

Currency Account

approval time

2 Days

Approval Time

local transfer cost

AED 40

Local Transfer Cost

International transfer cost

AED 60

International Transfer Cost

Benefits

  • No account maintenance fees is needed provided minimum monthly balance of AED 1,50,000 is maintained
  • Free 40 branch teller transactions per month
  • Free cheque books
Apply Now

Benefits

  • No account maintenance fees is needed provided minimum monthly balance of AED 1,50,000 is maintained
  • Free 40 branch teller transactions per month
  • Free cheque books
  • Free 'My Business' debit card with higher daily cash withdrawal limits
  • Free electronic bank statements
  • Free mobile banking service
  • Free SMS transaction alerts
Apply Now
View Details

View details on bank page

Frequently Asked Questions

⭐ Is it possible to reduce my overdraft limit on my personal current account?

A. Yes, you can send CBD a secured message using internet banking or you can directly contact CBD on +971 600 575 556.

⭐ Do I have to make daily payments in CBD?

A. No, payments are made only on weekly, monthly and yearly basis in CBD.

⭐ After how many days of account opening, we will get cheque book, credit card and internet banking facility?

A. Within 7-8 working days, you’ll receive cheque book, credit card and internet banking facility.

⭐ Is my personal information safe with CBD?

A. Yes, your personal information is safe and secured with CBD.

⭐ Can I authorise another person to access my CBD Bank account?

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

⭐ What all industries are eligible for business finance in CBD Bank?

A. Any for-profit business is eligible for business finance in CBD Bank.

About CBD

Commercial Bank of Dubai (CBD) offers a wide range of retail and commercial banking products and services, in both conventional and Shariah-compliant formats, with a network of 26 branches and over 210 ATMs throughout the UAE. The bank endeavors to build sustainable prosperity through extraordinary banking experiences. CBD commits to:

  • Authenticity
  • Simplicity
  • Partnership
  • Innovation
  • Responsibility
  • Excellence

   Get in touch with CBD Customer Care

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