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.

MyMoneySouq Page Rating

1 People rated this page

citibank%20collection

United Arab Bank Business Access

United Arab Bank Bank

Business Access

Interest Rate

0%

Min Balance to Maintain

AED 10K

Monthly Fee

AED 100

Relationship Manager

Yes

Yes

Approval Time

3 Days

Local Transfer Cost

AED 75

International Transfer Cost

AED 100

United Arab 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

3 Days

Approval Time

local transfer cost

AED 75

Local Transfer Cost

inter transfer cost

AED 100

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 Cheque book
  • You can access United Arab Bank’s personal internet banking and mobile banking
  • Free Debit Card
  • Free E-statements

Frequently Asked Questions

⭐ Do you need to have a business plan before applying for business loan in United Arab Bank?

A. Yes, in United Arab Bank it is a requirement to have a business plan before applying for business loan.

⭐ Can a startup company with no credit history qualify for business loan in United Arab Bank?

A. Yes, if it has creditworthy customers and employees.

⭐ What if I made a duplicate payment error, can I get refund for that?

A. Yes, it’ll automatically get credited to your business account in United Arab Bank.

⭐ How does the bank decide the tenure for your loan application?

A. United Arab Bank decides the tenure for your application on the basis of your debt ratio and monthly income.

⭐ Can a struggling company qualify for a business finance in United Arab Bank?

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

United Arab

Headquartered in Sharjah, with over 25 branches across the UAE, United Arab Bank, P.J.S.C. (UAB), which was incorporated in 1975, has established itself as a leading banking services provider in the UAE. UAB has a Vision ‘of being the trusted partner and the UAE bank of choice for customers’ and a Mission of ‘offering a superior customer experience, creating shareholder value, and adopting an innovative banking approach while remaining loyal to the nation's heritage and contributing to the overall development of the UAE.’ UAB follows the values of :

  • Integrity
  • Customer Focus
  • Competence
  • Consistency
  • Courteousness

   Get in touch with United Arab Bank Customer Care

×

Free for Life Cashback Card with 20% Cashback*