Bank Accounts in the UAE
Open bank account instantly with zero maintenance fees
Arab Bank holds one of the largest global networks in terms of Arab Banking. It spans over 5 continents with more than 600 branches of the Arab Bank. It offers personal banking such as Arab Bank Savings Account, Arab Bank Current Account, Call Accounts, Fixed Deposits, and Arabi Extra Program.
The Arab Bank Current Account combines the Banking needs of the customers with flexible terms and convenience. The Current Account also offers uncomplicated checking of accounts which bears no interest.
The features and benefits of the Arab Bank Current Account include:
Given below are the documents required to open an Arab Bank Current Account:
To open a Current Account with the Arab Bank, the applicants can apply through the following process:
To close the Current Account with the Arab Bank, the customers will have to submit a letter to the branch of the Arab Bank.
Q1: Where is the headquarter of the Arab Bank situated?
Ans: The headquarter of the Arab Bank is situated in Amman, Jordan.
Q2: Will I be charged any fee if I fail to maintain the monthly balance requirement of the Arab Bank Current Account?
Ans: Yes, you will be charged a fee of AED 25 if you fail to maintain the balance per month
Q3: What is the monthly balance requirement that I need to maintain for the Arab Bank Current Account?
Ans: You will need to maintain a minimum of AED 3000 with the Arab Bank Current Account.
Q4: Is there any fee for the Cheque Books of the Arab Bank?
Ans: That would depend on your usage of the Cheque Book. The first Cheque Book with 10 leaves is free. However, following that, additional Cheque Books will be charged accordingly.
Q5: What is the price of the additional Check book leaves of the Arab Bank?
Ans: According to the fees scheduled in the Arab Bank, Additional Cheque Book with 10 leaves will be charged AED 10. While the Cheque Book with 25 leaves will be charged AED 25.
Q6: Is the account statement free with the Arab Bank?
Ans: Yes, the account statements are free if it is within the cycle. However, for account statements outside the cycle will be charged AED 25.
Q7: What is the number to contact the customer support team of the Arab Bank Current Account?
Ans: You can get in touch with the support team by calling 04-4450000.
Q8: Can a minor apply for a Current Account in the Arab Bank?
Ans: Yes, a minor can apply for a Current Account with the Arab Bank. However, the bank will require an Identification Card or the Birth Certificate of the minor.
Q9: What type of ATM Card will I get with the Arab Bank Current Account?
Ans: You will receive a Visa Electron Debit Card which can be used internationally.
Q10: Can I apply for the Supplementary Cards if I have a Current Account?
Ans: Yes, you can apply for the Supplementary Cards and it will be free of charge.