Bank Accounts in the UAE
Whether you're an individual or own a business, a current account is essential for handling daily transactions, ensuring quick access to funds, and maintaining smooth cash flow. Standard Chartered Bank current account offers this flexibility, convenience, and features to streamline your banking experience.
You can choose from 2 different accounts, each offering unique benefits —
There are 2 major types of Standard Chartered Bank current accounts —
Here are some of the benefits that await when you open your current account with this bank —
Features & Benefits | Description |
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Manage Banking On the Go | Access and manage your account anytime using the award-winning SC Mobile app, available for iPhone, iPad, and Android devices |
Higher Withdrawal Limit | Enjoy higher withdrawal limits from a wide network of ATMs, including UAE Switch ATMs, for easier access to your funds |
Local Bill Payments | Pay utility bills for services like DEWA, Etisalat, and Du easily via Online Banking |
SMS Alerts | Receive SMS alerts instantly for every transaction made on your bank or credit card accounts |
eStatements | Get secure eStatements for your accounts online, eliminating the need for paper statements |
Pay Credit Cards for Free | Pay your credit card bills from other banks free of charge using Online Banking or Mobile Banking |
You may need to fulfil the following eligibility requirements to open bank account with Standard Chartered Bank —
Minimum Age | Must be 21 years or above |
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Nationality | UAE Nationals and Residents |
Identification | Copy or original Emirates ID, Passport & Resident Visa |
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Wondering how to open a bank account with Standard Chartered Bank? Follow these steps —
You can also get assistance from our customer service team to open your Standard Chartered Bank current account.
Here’s an overview of the minimum initial balance along with the applicable fees —
Service | Charges |
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Monthly Service Charge | Nil |
Initial Deposit | AED 10,000 |
Monthly Average Balance | AED 3,000 |
Fall-Below Fee | AED 26.25 |
Note: All fees and charges are inclusive of 5% VAT, where applicable and are subject to change.
The minimum balance for a Standard Chartered Current Account is AED 3,000 in the UAE. However, this can vary depending on your location and account type you choose.
Yes, Standard Chartered operates in the UAE with several branches and ATMs. The regional centre for its activities in the Middle East and Africa is currently Dubai. Additionally, it is the headquarters for Standard Chartered Saadiq, the bank's Islamic Banking business.
Yes, Standard Chartered is highly regarded in the UAE for its global banking services, innovative products, and customer service. It offers a variety of banking solutions, including personal accounts, business banking, and wealth management services, and has an established presence in the region.