Last Updated on 19 March 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.

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FGB Small Business Current Account

FGB Bank

WarningMessage This product is discontinued by the Bank

Small Business Current Account

Interest Rate

0%

Min Balance to Maintain

AED 20K

Monthly Fee

AED 200

Approval Time

7 Days

FGB
interest rate

0%

Interest Rate

min balance

AED 20K

Min Balance to Maintain

monthly fee

AED 200

Monthly Fee

approval time

7 Days

Approval Time

 

Required Documents

  • Copy of passports of all owners
  • Trade License
  • Commercial registration
  • 12 months bank statement
  • Facilities required letter
  • Chamber of commerce certificate
  • Audited financial statements for 3 years
  • Facilities required letter

Main Benefits

  • Free Cheque book
  • You can access personal internet banking and mobile banking
  • Free Debit Card
  • Free E-statements
  • Free supplementary card

Frequently Asked Questions

⭐ Can a struggling company qualify for a business finance in FGB?

A. As long as the company has customers who pay bill on time, it is eligible to get business finance from FGB.

⭐ What all can we provide as a collateral while applying for loan in FGB?

A. You can provide vehicles, accounts receivable, home equity, equipment and cash savings as a collateral while applying for FGB business loan.

⭐ Do I have to make daily payments in FGB Bank?

A. No, payments are made only on monthly basis in FGB.

⭐ Is it possible to reduce my overdraft limit on my business account?

A. Yes, you can send FGB a secured message using internet banking or you can directly contact FGB on 600 525500.

⭐ Is my personal information safe with FGB?

A. Yes, your personal information is safe and secured with FGB.

FGB

First Gulf Bank (FGB) was established in 1979 to offer all sorts of financial services to consumers and business houses by creating an extensive network of relationship managers and branches. FGB is known for its high-end commitment in maximizing value for customers, employees, and shareholders. It focuses exclusively on delivering banking products and services as per client's requirements that also support the UAE’s dynamic economy.

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