You can open a bank account with any of the banks in the UAE in just a few simple steps. With many international and regional banks present in the UAE, you can explore your options and choose one that suits your needs. If you are looking for an account with an international bank for global accessibility, check out Citibank products in the UAE.
Which account should I open?
If you need an account for your day to day transactions and convenient access to your funds you can opt for the Citibank Current Account Citi Blue. On the other hand, for achieving your saving goals, you can open a Citibank Savings Account Citi Blue and earn interest on your funds. Interest is calculated on your monthly minimum balance and credited to your account every month. The savings accounts can be opened in nine major currencies such as dollars, pounds and euros.
Citibank Checking Plus Account combines the benefits of both current and savings accounts. You can earn monthly interest and have easy access to your cash. For higher gains on your account, check out the Citibank Advantage Account. This account pays tiered interest linked to the amount of cash in your account, which means you earn a higher interest for higher balances maintained.
What is the eligibility criteria?
The next step involves checking the eligibility criteria for the bank account. Citibank requires all applicants to be 21 years and above. Most Citibank accounts have a minimum balance requirement of AED 3,000 and a fee is applicable if it’s not maintained.
How to open the account?
To open the account, you can fill up your details online to receive a call back from a bank representative. You can also visit any Citibank branch and submit an application or call Citibank on 04-3114000 to get more information. You will be required to submit the necessary documents such as copy of your Emirates ID, visa and passport. Make sure to carry the originals with you. A recent salary certificate from your employer is also required.
Ask all the important questions
Clarify all your doubts before you sign up and ask about all the account features. Check if there are any ongoing promotions or reward programs that come with your account. Read through the schedule of fees to find out about any account charges. Citibank allows you to access your account from any Citibank ATM around the world without any charge. You can also transfer funds between Citibank Accounts across the globe with Citi Global Transfers. On successful opening of your account, you will receive an account number, IBAN number, international ATM/debit card and a personalized cheque book based on the account you opted for.