Having a Savings Account at Commercial Bank International (CBI) is very good because it comes with a lot of benefits. You see in Dubai, there is a large selection of banks, several of which have branches, and banking over there is very cool.
Check out the List of Banks in Dubai and their classifications
If you love banking from the convenience of your home then you should see how you can register for internet banking.
You must abide by the bank’s policies in order to create a bank account in Dubai.
Depending on the kind of account you want to create (corporate, current, or savings), each bank has different criteria. Click here to see all the accounts that you can open at Commercial Bank International (CBI).
If you want details on How to Open a Commercial Bank International Account Online and to know more about their accounts check out the Types of accounts offered by Commercial Bank International.
But in this article, we are going to look at how you can easily open a Savings Account at Commercial Bank International (CBI).
It’s crucial that you carefully follow these instructions in order to prevent issues. The requirements for creating savings accounts in Dubai are listed in this article.
If you using an Android device it is best you check out the How to download and register for the Commercial Bank International mobile banking app on Android but if you are using an iPhone you can check out How to download and register for the Commercial Bank International mobile banking app on iPhone.
Why you should create a Savings Account at Commercial Bank International (CBI)
- As soon as you open a savings account, you may access it at any time using the online banking interface, an ATM, or a nearby banking facility.
- You can get interest on your balance by making a deposit into a savings account. With this, your money can increase gradually over time thanks to Commercial Bank International (CBI)’s reasonable interest rates.
- Commercial Bank International (CBI)’s savings accounts facilitate efficient and ambitious savings for a variety of purposes, including emergency funds, dream vacations, and down payments for homes.
- Another benefit is that your savings account to cover overdraft fees or low-transaction expenditures.
For these reasons, you are very sure of what to expect when you finally open the account.
To open a savings account click here, but if it is a current account check it out here to also open a Fixed deposit account.
To see all the bank’s branches go to this page Commercial Bank International Branches or you can just check out Credit Cards offered by Commercial Bank International.
Documents Needed to Open a Savings Account at Commercial Bank International (CBI)
To open a bank account you need to have these documents at hand.
- Valid original passport
- Valid residency visa (for UAE residents)
- Valid Emirates ID (for UAE residents)
- For non-residents: a reference letter from your current bank
- Minimum deposit to open the account: AED 3,000 or equivalent
Now that you have seen the documents that are required to open a bank account, we should look at the process involved in creating the Savings Account.
If you have any questions, then use the information on this page Commercial Bank International (CBI) Contact Details to contact the bank.
Procedure to Open a Savings Account at Commercial Bank International (CBI)
There are two ways to open a savings account at Commercial Bank International (CBI). You can do that by visiting the bank branch or registering online.
By visiting the bank branch
- Step 1: You should visit the bank branch with the required documents
- Step 2: Speak to the customer service rep about your intent to open a savings bank account
- Step 3: The customer service rep will assist you in filling out the forms and also answer all the questions you may have about opening a Savings Account.
- Step 4: You will be given an account number and all the relevant particulars about your account.
By registering online
- Step 1: Got the bank’s website via the URL https://www.cbiuae.com/en/personal/products-and-services/savings/savings-account/
- Step 2: Click on Apply Now
- Step 3: Scroll down the page and fill out the Form asking you to input your personal details
- Step 4: Click Proceed to continue the process
- Step 5: Follow the on-screen process to complete the process