Last Updated on 09 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 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.
- Interest rates on this account depends upon different tiers.
- You can turn your savings into winnings with this account.
- There is no monthly fee for this account.
- This account can be opened in AED only.
- There is no balance requirement for this account.
- The rate paid to you by the bank is up to 1.5%
- Valid Passport.
- Valid UAE residence visa.
- Emirates ID
- Address proofs like Utility bills, etc.
- You can avail the flexibility of one withdrawal a month without losing interest.
- You can access your account with online banking.
- You can withdraw your money with esaver account through online banking and telegraphic transfers.
- You can top up your savings through recurring monthly payments or lump sum deposits.
Frequently Asked Questions
⭐ How can I open HSBC Savings Account?
The applicant can open this account through online form by visiting HSBC branch or by calling at HSBC customer service.
⭐ In which currency HSBC Savings Account is available for opening?
A. The applicant can open this account in multiple currencies like- AED, USD, EUR, GBP, RMB currencies.
⭐ Is there any cash withdrawal limit with HSBC Savings Account?
A. You can avail up to 2 free withdrawals on non-HSBC UAE switch ATMs p.m.
⭐ Are there any charges on transactions made with HSBC Savings Account?
A. You can avail six free transactions every month if it is done in AED currency.
⭐ How can we access HSBC Savings Account?
A. We can access this account through its 24/7 online banking, phone banking, mobile banking & SMS service.
⭐ What is the minimum balance required for opening HSBC Savings Account?
A. AED 3,000 is required for opening HSBC Savings account.
⭐ How can I access this account?
A. You can access this account via its internet & phone banking, mobile banking & SMS service anytime.
⭐ What is the interest rate do we get on HSBC savings account?
A. We can earn a 0.1% profit rate on this account.
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