Open bank account instantly with zero maintenance fees
Open bank account instantly with zero maintenance fees
Bank Accounts in the UAE
ADIB Current Accounts have been customized to meet the diverse needs of its customers. A current account permits the account holder to make any number of withdrawals in a given day.
ADIB has two variants of the current account i.e. ADIB Current Account and ADIB Electron Account (current account without cheque book). Each of these bank accounts caters to the specific need of the account holder. Customers can choose from the assortments of current accounts in order to find the best one that suits their needs the most.
Both of the ADIB Current Accounts are based on the Qard Hasan (an Islamic principle) where the account holder’s deposits are regarded as a ‘non-profit bearing loan’ to the bank. Following are the key features & benefits of the ADIB Current Accounts:
The following is the eligibility criteria for opening the ADIB Current Account:
ADIB Accounts | Eligibility Criteria |
ADIB Current Account |
|
ADIB Electron Account |
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Here is the list of documents that are required to open current accounts with ADIB:
Documents | Documents Required |
ADIB Current Account |
|
ADIB Electron Account |
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The applicant can open an ADIB Current Account through the following ways:
a.) 8002828 (toll-free number) within UAE and
b.) +971 26100600 outside the UAE.
In order to close the ADIB Current Account, the account holder may need to visit the nearest bank branch in person or call a customer service phone number.
Q.1. What if I will not be able to maintain the minimum balance in any of the ADIB Current Accounts?
Ans: You will need to pay 25 AED as a non-maintenance charge if your account balance goes below 3000 AED during any month.
Q.2. Does ADIB offer any Debit/credit card to the account holder?
Ans: Yes, the bank offers ‘ADIB Visa Electron Debit Card’ free of cost to the account holders of ADIB Current Account and ADIB Electron Account. This debit card caters secure & instant access to the bank account at any ATM or retail outlet.
Q.3. How is the ADIB Current Account Shariah Compliant?
Ans: Both of the current accounts offered by ADIB are based on the Qard Hasan (an Islamic principle) where the account holder’s deposits are regarded as a ‘non-profit bearing loan’ to the bank. The bank will have the obligation of returning the lent amount as and when the account holder requests.
Q.4. How do I use SMS banking?
Ans: You can call on ‘600 54 3216, select your language, & dial ‘0’ in order to speak to one of the ADIB’s agents & subscribe to ADIB SMS for free.
Q.5. How can I check my account’s balance?
Ans: In order to check your account’s balance, SMS ‘BAL’ to 2400.
Q.6. Can I use phone banking for free?
Ans: Yes, you can use phone banking free of charge.
Q.7. How can I open an ADIB Current Account online?
Ans: In order to open an ADIB Current Account, you can visit the official website of the bank and choose the desired current account offered by ADIB. Click on the ‘apply now’ button, fill in the required details, and submit it to the bank. Then, the bank representative will contact you for further information and for processing your bank account application form.
Q.8. What are the standing instructions?
Ans: Standing instructions allow you to make payments automatically for a range of regular transactions including installments, donations, bill payments, and transfers on chosen dates.