Question 1

What are the documents required to open a Citibank Savings account?

Accepted Answer

To open a Citibank Savings account with us, walk into any of our conveniently located branches with the applicable list of documents by nationality. UAE Nationals Valid UAE Driving license Online Labour Card Copy – online copies are acceptable UAE Utility Bill issued within last 3 months Valid Free zone Employment Card copy / Employment card copy issued by Local or Federal Government Bank Statement (issued within last 3 months) 1) Emirates ID Valid UAE Driving license Online Labour Card Copy – online copies are acceptable UAE Utility Bill issued within last 3 months Valid Free zone Employment Card copy / Employment card copy issued by Local or Federal Government Bank Statement (issued within last 3 months) 1) Emirates ID 2) Passport copy 3) Valid UAE Visa OR any one of the below: Valid UAE Driving license Online Labour Card Copy – online copies are acceptable UAE Utility Bill issued within last 3 months Valid Free zone Employment Card copy / Employment card copy issued by Local or Federal Government Bank Statement (issued within last 3 months) Current Tenancy Contract copy / Ejari copy (showing local address) or a title deed (in the name of the prospect)

Question 2

Do I have the option of opening Citibank Savings Account in any currency apart from AED?

Accepted Answer

Yes, a Citibank savings account is available in a range of major currencies, so you have the flexibility to save in a currency apart from AED.

Question 3

Can a non-resident open a savings account in UAE?

Accepted Answer

No, only a resident of UAE who is 18 years or older can open a Citibank savings account in UAE.

Question 4

What is the interest rate in Citibank Savings Account?

Accepted Answer

For AED and USD currencies, the savings account interest rate is at 0.05% per annum. For other currencies, EUR, GBP, JPY, NZD, CHF, AUD, CAD, etc., the savings account offers 0.00% interest. The interest rate (per annum) is credited for the lowest end-of-day balance in a month. However, Citibank reserves the right to change the interest rates, so it’s better to check with your bank for the prevailing interest rates.