Skip To The Main Content

Commercial Bank of Dubai

CBD Gold Currency Account

With CBD Gold currency account you can buy the most desired precious metal by simply opening an account :

  • Quick and easy Account Opening process
  • Free online and mobile banking facilities
  • Transact online as per your convenience



Who can apply?

  • If you are UAE National or UAE resident and minimum 21 years of age

What do I need to apply?

  • National ID or valid passport, residence visa and Emirates ID
  • Completed account opening form
View Fees and Charges

Gold Accounts Locker offer: 1st year rent waiver 

  • Applicable on all gold accounts opened during the campaign period
  • 1st year rental waiver will be debited back in case Gold A/C balance withdrawn or falls below the grid before 1 year
  • Choice of locker size based on the equivalent AED placed in Gold Account


Balances required in Gold Account as per below slabs:

Avg Bal in AED Locker Size Offered
100,000 to 250,000S
 250,000 to 400,000 S,  M
 400,000 to 600,000 S, M, L
 >= 600,000 S, M, L, XL

 

Terms and Conditions

  • Campaign Tenure: 1st Jan 2020 to March 31st 2020
  • Locker Size Available : Small, Medium, Large & Extra Large
  • Locker location : As per availability

 

FAQ

What is gold account

GOLD Account is an account which allows customers to buy/ sell Gold

How can I open a gold account

Gold account can be opened at the click of a button for CBD customers on the CBD mobile app

What are the features of gold account?

The features of gold account are as below:

  • Easy and quick account opening in the form ofCurrent Account through click of a button
  • Trading values as per published rates by CBD treasury
  • No need of holding virtual gold , trade with the ease from anywhere
  • Customer can BUY/SELL on digital channels as per applicable FX rates

Is there a cheque book and debit card facility provided for gold account?

No

Which type of customers can open gold account?

Gold account can be opened by individual and small business customers.

What is the minimum value of gold that can be purchased?

There is no minimum value required for purchase of gold

Which segment of CBD customers is this offer valid for?

The offer is valid for conventional segment.

Will the traded value be in ounces or grams?

The traded value will be in ounces.

What is the minimum balance requirement for the gold account?

There is no minimum balance requirement for this account

What are the timings for buying and selling online?

There are no cut off timings and this service is available 24x7

Is there an option to convert to physical gold?

CBD customers can only purchase and sell gold as currency similar to other foreign currency accounts, trading, physical delivery of the metal as gold is currently not available.

What are the charges for trading in gold?

There are no additional charges for buying and selling in gold currency

Apply Now

We are always available for you at your convenience.

all fields marked with * are mandatory.
00971
Submit

SMS CAR to 4266



Call us

Within UAE: 600 575 556

Outside UAE: +971 600 575 556

Visit us

You are more than welcome to visit us. Find out your nearest branch.

Apply Now

We are always available for you, whether you have a query, suggestion or want to talk to us about our products and services.

Apply Now