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Fixed Term Deposit

Fixed term deposits help you to manage your savings or surplus funds and earn interest with an assured fixed return without risk.

Ideal for business clients who are saving for a specific purpose or who are able to lock away surplus funds for a defined period without anticipating the need for withdrawal. Minimum deposit is AED10,000 or equivalent amount in other major currencies, with a choice of flexible tenures.

  • Attractive rates.
  • Available in all major currencies.
  • Advances available.
  • Earn interest on fixed deposit amounts.
  • Minimum deposit AED 10,000 or equivalent amount in other major currencies.
  • A choice of flexible tenures.
  • National ID or valid passport with UAE residence visa and Emirates ID of all signing authorities and shareholders, if applicable
  • Valid legal and constitutive documents (i.e. Trade License, Certificate of Commercial Registration, Free Zone Certificate of Incorporation, Memorandum of Association, Partnership Agreement) as applicable
  • Power of Attorney or Board Resolution, if applicable
  • Proof of Address
  • Details of Ultimate Beneficial Owners
  • Bank Reference Letter and Company Profile, if applicable
  • No requirement for audited financial statements

Within UAE

04 211 2818

Outside UAE

+971 4 211 2818

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