Open ADCB Business Choice Platinum Current Account in UAE

Abu Dhabi Commercial Bank is one of the best-performing financial solutions providers in the UAE. The bank offers banking products such as bank accounts, credit cards, fixed deposits, and more to help its customers manage their finances with great ease.

ADCB Business Choice Platinum Current Account offers various attractive features and benefits for business owners to help them get the best out of their finances. Keep reading to know about this ADCB bank account in detail.

Features and Benefits of ADCB Business Platinum Choice Current Account

Here are a few major features and benefits that the ADCB Business Platinum Choice Current Account offers.

1. Available in AED

ADCB Business Platinum Choice Current Account can be opened and operated in AED only.

2. Minimum Average Balance

With ADCB Business Platinum Choice Current Account, the account holders need to maintain a minimum average balance of AED 100,000 per month.

3. Free Chequebooks

ADCB Business Platinum Choice Current Account offers 36 free chequebooks per year or three free chequebooks per month. However, if an account holder orders additional chequebooks (more than one in a quarter), then they need to pay additional charges for the same.

4. Unlimited Teller Transactions

ADCB Business Platinum Choice Current Account enables the account holders to make unlimited free teller transactions using their bank account.

5. Globally Acceptable Debit Card

ADCB Business Platinum Choice Current Account offers a globally acceptable debit card for the account holders. The account holders can use this debit card to shop at more than 20 million retail outlets throughout the world.

6. Free E-Statements

ADCB Business Platinum Choice Current Account offers free monthly e-statements for the account holders to help them closely manage their finances. These statements help account holders to avoid making unnecessary transactions and grow their funds by saving more.

7. Mobile Banking Services

ADCB Business Platinum Choice Current Account can easily be accessed by using a mobile banking portal. The account holders need to register themselves on the bank’s mobile banking app and login to the same using the unique banking credentials. The account holders can make easy fund transfers, bill payments, and much more using this mobile banking app.

8. Phone Banking Services

ADCB Business Platinum Choice Current Account holders can access their funds and bank account details using phone banking services as well. They can send a simple SMS to check their account balance and recent transactions.

9. Online Banking Services

ADCB Business Platinum Choice Current Account enables account holders to access their funds using online banking services. The account holders can easily login to this portal using their banking credentials and start using the banking products without any hassle. On this portal, the bank account holders can transfer funds, pay their bills, order chequebooks, set up standing instructions, and much more in just a few clicks.

10. ATM Withdrawals

ADCB Business Platinum Choice Current Account offers up to six free non-ADCB ATM withdrawals per month for the account holders. They need to pay AED 210 per additional transactions post six free transactions.

11. Instant Account Opening

ADCB Business Platinum Choice Current Account can be opened with great ease. The applicants can either visit the bank’s online portals or one of the branches to open this bank account.

Eligibility Criteria for Opening an ADCB Business Platinum Choice Current Account

Here are the eligibility criteria for opening an ADCB Business Platinum Choice Current Account.

All the applicants of age 21 years and above are eligible for opening an ADCB Business Platinum Choice Current Account.
The applicants must meet the minimum balance requirements to keep their ADCB Business Platinum Choice Current Account.
All the UAE residents are eligible to open an ADCB Business Platinum Choice Current Account.

Documents Required Opening an ADCB Business Platinum Choice Current Account

Here are the documents required to open an ADCB Business Platinum Choice Current Account.

A completely filled account opening form
Emirates ID for all the applicants – Original and a Copy
Utility Bills – for the last three months – Original and a Copy
Original passport with residency Visa (for all the applicants in case of a joint account) – Original and a Copy for all the account holders are required if opening a joint account
Trade License – Original and a Copy
A Valid Tenancy Contract – Original and a Copy
Power of Attorney if applicable – Original and a Copy

Fee & Charges on ADCB Business Platinum Choice Current Account

Types of Charges	Amount
Charges for not meeting the minimum balance requirement	AED 300
Additional Chequebook	AED 52.50 per chequebook
Account Opening Balance	AED 10,000
Stop Payment	AED 105 per cheque
Cheques returned	AED 241.50 per cheque
Debit Card replacement	AED 26.25
Account Closure	AED 105
Statement of Account (Outside the cycle)	AED 26.25 per month
Cheque Photocopy for cheque issued less than a year ago	AED 10.50
Cheque Photocopy for cheque issued more than a year ago	AED 21
Standing Instructions favouring other banks	AED 52.50
Standing Instructions penalty fee for insufficient funds	AED 105
Cash Withdrawal using Non-ADCB ATM in the UAE	First 6 transactions are free (AED 210 for additional transactions)
Cash Withdrawal usage fee at International ATMs (outside the UAE and GCC)	AED 21
Foreign Currency Transaction Margin	2 per cent
Copy of Sales Slip	AED 26.25

How to Open an ADCB Business Platinum Choice Current Account?

Here are the multiple ways to apply for an ADCB Business Platinum Choice Current Account.

1. Online Banking Portal

ADCB enables its customers to access banking products and services using the online banking portal. The existing ADCB customers can login to their online banking account using their banking credentials and apply for opening an ADCB Business Platinum Choice Current Account in just a few clicks. The applicants need to submit the essential documents on the same portal while filling out the online application form.

2. Mobile Banking Portal

With ADCB, the bank account holders can also access banking products using the bank’s mobile banking app. The existing bank customers can login to their mobile banking app and request for opening an ADCB Business Platinum Choice Current Account. These applicants also need to fill the online application form and submit the required documents with the same.

3. Bank’s Website

The applicants that are new to the bank and have no access to the online and mobile banking services can visit the bank’s website to place the request. These applicants can simply go to the website and fill out the online application form to open an ADCB Business Platinum Choice Current Account. The applicants can either submit the documents on the website or go to one of the ADCB branches to provide the same.

4. Bank’s Branch

The applicants with no Internet access can visit the bank’s branch to open an ADCB Business Platinum Choice Current Account. They need to carry the necessary documents with them and submit the same at the branch. The applicants need to fill out the application form in presence of one of the bank’s representatives.

5. Our Website

Visiting our website to open a bank account. We, at Policybazaar, help our valuable customers to find the best-fit business accounts based on their financial requirements. They can either go to the bank accounts section on our website to open an ADCB Bank Account or call our help and support team to seek assistance. Our financial experts take the customers through the whole application process and help them open a business account of their liking.

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