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 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.
CBI Business Banking Current Account
Business Banking Current Account
- 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
- First Cheque Book is free of charge
- Free international Debit Card
- Overdraft facility available subject to eligibility
- Free online banking and mobile banking
- Free monthly account statements
Frequently Asked Questions
⭐ Can I get loan from CBI, if I don’t have good credit history?
A. Yes, but you’ll be charged with high interest rates and you might have to provide guarantors or collateral to apply for it.
⭐ Am I allowed to check my account’s routine daily transactions using mobile phone?
A. Yes, you can access phone banking in CBI.
⭐ How can I make payments in to my current account in CBI?
A. You can make payments either by bank transfer or online.
⭐ 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.
⭐ How are rates for my loan decided in CBI Bank?
A. Interest rates are decided on the basis of your credit history and monthly income.
Since its incorporation in the UAE in 1991, CBI is consistently focused on giving simple and easy-to-understand products. It is inspired by a vision of building long-term relationships. The bank offers a comprehensive portfolio of standard banking products, as well as customized financial products for Corporate, SME as part of Retail Banking. Their tailor-made services range from a personal account to financing of homes and automobiles to commercial loans and project financing. The bank work on the values of:
- Customer Focus
Get in touch with CBI Customer Care