CBD Active Saver Account

Last Updated on 26 June 2020

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.

ADIB Smart Account

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CBD Bank

Active Saver Account

Min Balance to Maintain

AED 5K

Monthly Fee

AED 0

Relationship Manager

No

Yes

CBD
min balance

AED 5K

Min Balance to Maintain

monthly fee

AED 0

Monthly Fee

relationship manager

No

Relationship Manager

Yes

Currency Account

View details on bank page

Required Documents

  • Valid passport with UAE residence visa and Emirates ID
  • Power of Attorney
  • Address proof
  • Details of Ultimate Beneficial Owners
  • Bank Reference Letter and Company Profile
  • Trade License
  • Memorandum of Association
  • Partnership Agreement

Main Benefits

  • Available for UAE nationals, expatriates and non-residents
  • Required to do minimum deposit of AED 5,000
  • Flexible tenures
  • Overdraft facility of up to 90% of fixed deposit
  • Simple documentation
  • You can enjoy more convenience and higher interest rates by opening a fixed deposit through Personal Internet Banking

Frequently Asked Questions

⭐ How can I open CBD Active Saver Account?

A. You can apply for CBD Active Saver Account by visiting the CBD branch or can call CBD customer care number

⭐ What is the minimum balance required to maintain CBD Active Saver Account?

A. AED 5,000 is required as a minimum balance to maintain CBD Active Saver account.

⭐ Who can open CBD Active Saver Account?

  • UAE nationals
  • Expatriates
  • Non-residents
  • ⭐ Is there any monthly fee on doing transactions with CBD Active Saver Account?

    A. No. There is zero monthly fee on doing transactions with CBD Active Saver Account.

    ⭐ What is the profit rate we get on CBD Active Saver Account?

    A. The profit rate is 1.5% p.a on CBD Active Saver Account.

    ⭐ How can I close CBD Active Saver Account?

    A. The account holder can raise a request for closing this account by visiting the CBD branch.

    ⭐ What is the account closure fee of CBD Active Saver Account?

    A. CBD Active Saver account closure fee is AED 105.

    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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