HSBC Advance

Last Updated on 11 September 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 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.

0 People rated this page

HSBC Bank

Advance

Min Balance to Maintain

AED 100K

Monthly Fee

AED 0

Annual Fee

AED 0

Minimum Salary

AED 15K

Relationship Manager

No

Yes

HSBC
min balance

AED 100K

Min Balance to Maintain

monthly fee

AED 0

Monthly Fee

annual fee

AED 0

Annual Fee

min salary

AED 15K

Minimum Salary

relationship manager

No

Relationship Manager

Yes

Currency Account

View details on bank page

Features

  • You can avail mobile banking with this account.
  • You will get preferential pricing on loans, starting from 6.74%.
  • You can avail free emergency encashment services with this account.
  • You can avail mobile banking with this account.
  • There is 0% rate paid by the bank on this account. However, Advance Savings Account is interest bearing.
  • A relationship manager does not form part of the account benefits
  • There is a monthly fee of AED 100 on this account.
  • You need to make a salary transfer of AED 15000 for this account.
  • You need to maintain a total relationship deposits of AED 100000 for this account.

Main Benefits

  • You can turn your savings into winnings, by depositing new funds into your account.
  • You can enjoy extra benefits of such as free cash withdrawals from ATMs of any bank across the UAE and GCC region.
  • You can transfer to any of the global HSBC accounts using global transfer and global view.
  • You can avail free emergency cash upto USD 10000, at the time of need.
  • With this account, you can also avail special rewards for HSBC Advance Platinum MasterCard.
  • You can also get the help of financial experts from HSBC in the time of need.
  • Avail Valet Parking at Dubai International Airport and other VALTRANS locations in Dubai.
  • Get free access to Marhaba lounge at Dubai airport terminals.
  • Get exclusive offers on dining, shopping and leisure across 19000 outlets across 160 countries.

Frequently Asked Questions

⭐ Does this account provide any overdraft facility?

A. This account provides overdraft facility of upto AED 5000.

⭐ What is the current travel insurance on this account?

A. You can avail free multi travel insurance by Zurich Insurance middle east to all the users of this account.

⭐ How many cheque books can I avail with this account? Does HSBC charge any fee?

A. You can avail unlimited cheque books for free with this account.

⭐ What is global view?

A. Global view allows a single view of all your HSBC accounts in different countries.

⭐ Is there a limit on the amount to be transferred with this account?

A. The maximum daily limit is of USD 100K.

HSBC

In 1946, the British Bank of Iran and the Middle East commenced banking activities for Middle East citizens. Post withdrawing from Iran, the bank was renamed as the British Bank of the Middle East (BBME). Hong Kong and Shanghai Banking Corporation (HSBC) acquired BBME in 1959 and played a pivotal role in the establishment of the banking sector in the region. HSBC has a sustainability strategy of doing business. The main areas of focus are:

  • Sustainable Finance
  • Sustainable Operations
  • Sustainable Communities

This is in sync with their global sustainability model.

   Get in touch with HSBC Customer Care

Ask questions and share your comments

We encourage our users to have discussion on questions they might have on financial products and help other users by sharing their insights. Kindly help us in making this site useful. We don't encourage any spam posts here. This is a public forum, so we request you to be safe by not disclosing personal information such as bank account or phone numbers etc. Please follow our posting guidelines.The comments will be reviewed and answered by MyMoneySouq.

Show/Post Comments