Last Updated on 18 April 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.

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Union National Bank Business Current Account

Union National Bank Bank

WarningMessage This product is discontinued by the Bank

Business Current Account

Interest Rate

0%

Min Balance to Maintain

AED 10K

Monthly Fee

AED 100

Relationship Manager

Yes

Yes

Approval Time

7 Days

Local Transfer Cost

AED 0

International Transfer Cost

AED 0

Union National Bank
interest rate

0%

Interest Rate

min balance

AED 10K

Min Balance to Maintain

monthly fee

AED 100

Monthly Fee

relationship manager

Yes

Relationship Manager

Yes

Currency Account

approval time

7 Days

Approval Time

local transfer cost

AED 0

Local Transfer Cost

inter transfer cost

AED 0

International Transfer Cost

 

Required Documents

  • Application form
  • Trade Licence
  • Valid passport and Copy of Visa
  • Memorandum of Association (MOA)
  • Articles of Association (AOA)
  • Chamber of Commerce Certificate copy
  • Board Resolutions
  • Address proof

Main Benefits

  • Free Debit Card
  • Free cheque book
  • Free monthly account statements & e-Statement service
  • Online Banking services

Frequently Asked Questions

⭐ Can a struggling company qualify for a business finance in Union National Bank?

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

⭐ If I have bankruptcy history, can I still apply for Union National Bank business finance?

A. Yes, as long as your financial condition has improved and you have monthly income coming up, you can still apply for Union National Bank business finance.

⭐ If I fault in repayment of loan, will it affect my co-applicant’s credit history?

A. Yes, if you default in repayment, it will affect your co-applicant’s credit history also.

⭐ Do I need to provide any guarantor or collateral to apply for business finance in Union National Bank?

A. As long as you have good credit history, you don’t have to provide collateral to apply for business finance in Union National Bank.

⭐ Am I allowed to take my Debit Card abroad with me?

A. Yes, but before that inform Union National Bank that you’re going abroad as if you withdraw more than a specified limit, your card might get cancelled.

Union National

Established as a Public Joint Stock Company (P.J.S.C) in 1982, Union National Bank (UNB) has shareholdings from both Dubai and Abu Dhabi Government. UNB has a Vision ‘to be the best in class for the banking industry in the UAE’ and a Mission ‘to be the first and the best bank of choice for all stakeholders.’ The values followed by UNB are :

  • Integrity & Transparency
  • Customer Focus
  • Team spirit
  • Continuous Improvement
  • Nurturing Staff
  • Responsible Community Membership
  • Best practices

   Get in touch with Union National Bank Customer Care

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