CBD My Business
Last Updated on 07 February 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 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.
- Emirates ID
- Valid passport and UAE residence visa
- Trade License
- Memorandum of Association
- Partnership Agreement
- Power of Attorney
- Certificate of Commercial Registration
- Proof of Address
- Bank reference letter
- Details of Ultimate beneficial owners
- 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
Frequently Asked Questions
⭐ Do I have to pay penalty if I default in paying back loan amount?
A. Yes, you’ll be charged 5% on late payments made by you.
⭐ When will CBD check my credit score?
A. CBD will check your score right after you agree to their terms of enquiry in the application form.
⭐ What all can we provide as a collateral while applying for loan in CBD?
A. You can provide vehicles, accounts receivable, home equity, equipment and cash savings as a collateral while applying for CBD business loan.
⭐ Do I have to make daily payments in CBD Bank?
A. No, payments are made only on monthly basis in CBD.
⭐ How are rates for my loan decided in CBD Bank?
A. Interest rates are decided on the basis of your credit history and monthly income.
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:
Get in touch with CBD Customer Care