ADCB Savings Account Requirements, Abu Dhabi Commercial Bank 20 April
If you want to know what you will need for the Abu Dhabi Commercial Bank (ADCB) savings account, here is a quick guide to help you out.
The bank cannot be overlooked if you are looking for an institution that places a high value on procedures.
Terms and conditions govern all services and products and cannot be changed. This is true for ADCB savings accounts.
You can't register for one if you don't meet the requirements.
Please read the paragraphs below to learn about the Abu Dhabi Commercial Bank's savings account requirements.
REQUIREMENTS FOR AN ADCB SAVINGS ACCOUNT
The following conditions must be met in order to open an Abu Dhabi Commercial Bank savings account:
For residents of the UAE:
1. Identification: UAE nationals must present an original UAE passport. Expatriates must have an original passport as well as a UAE visa with a validity period greater than thirty (30) days.
2. A genuine Emirates ID
3. Income proof: A salary certificate can be submitted.
4. A minimum initial deposit of AED 5,000 is required.
REQUIREMENTS FOR ADCB SAVINGS ACCOUNTS FOR NON-RESIDENTS
The ADCB savings account requirements for non-residents in the UAE are as follows:
1.A current passport
2, a duplicate of your visit visa, entry stamp page, or e-gate card
3. A bank statement that has been certified by the bank that will receive funds transfers.
4. Referees: A letter of introduction from an existing ADCB customer with whom you have had a relationship for at least a year.
5. A minimum initial deposit of AED 5,000.00 is required.
DOES A SAVINGS ACCOUNT GENERATE INTEREST?
A savings account, indeed, is an interest-earning account. This interest rate, however, may differ from one bank to the next, and for banks that operate more than one savings account, some of these accounts have different interest rates.
The interest on these accounts is calculated annually or monthly and credited to the account. Your bank can tell you about the savings account's interest rate.
Call the ADCB Contact Center at 600 50 2030 (UAE), 600 56 2626 (Islamic banking), or +971 2 6210090 for more information (International).
To learn more, go to the ADCB website at https://www.adcb.com.
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