Current Account

The NBD Current Account is non-interest bearing and available to both personal and corporate customers.

An initial minimum deposit of AED 4000/- or the currency equivalent is required to open an account. Current Accounts are available in:

• UAE Dirham
• US Dollar 
• Euro *
• Pound Sterling 
• Japanese Yen
  

Customers may deposit and withdraw funds at any NBD Branch in the UAE. Under existing Central Bank regulations Personal Current Accounts are not available to non-residents of the UAE. For Personal Customers requiring interest paid on deposits click "Savings Accounts,  Call Deposit Accounts or Fixed Deposit Accounts".

Benefits at a Glance

• Free cheque book 
• Access for personal customer accounts through the Electron card. This multifunction debit card provides world wide access to your funds in over 22 million merchants with point of sales accepting the Visa Electron Card and at over 700,000 automated teller machines (ATMs) accepting the Visa, Electron or Plus logo cards. Within the UAE access is also provided to any ATM accepting the UAE Central Bank Switch cards
• Standing orders can be arranged to make payments at regular intervals
• Statements of account are mailed at regular intervals or as you require 
• Cheques and bills may be accepted for collection
• Overdraft facilities are available by arrangement 
• Access to your account is convenient and available to suit your needs and lifestyle including: 
  • the extensive NBD Branch network (during standard banking hours)and 24 hour everyday access through the NBD branch and off-site UAE ATM Network
  • NBD Telebank the NBD telephone banking service 
  • NBD Online providing secure internet based access to the Bank from anywhere in the world to Personal Customers
    

Fees

There are no service charges if a daily balance of AED 4000/-, or currency equivalent, is maintained. For additional information on NBD fees please click Service Charges.

To Open an Account

Complete an application form which is available from any   NBD Branch or click here to request an application form. You will need to complete this application form in full and then call in to the branch of your choice together with the following documents:

For Individual & Joint Account

• Copy of your passport(s) (including your residence visa(s) for non – UAE Nationals)
• Original passport(s) (in order that the passport copy may be validated)
• Sponsor’s letter of no objection (for non-UAE Nationals)
• Salary Certificate
  

Note: The Bank reserves the right to question the validity of any current account deposit and to refuse acceptance and notify the U.A.E. authorities should the source of monies be questioned.