Amanah Current Account
Choose a convenient, Shariah-compliant account
| International debit card: | Monthly fee: | Shariah-compliant: | |
|---|---|---|---|
| Free | Free | Yes |
Here's what you get:
- A Shariah-compliant current account in UAE Dirham, US Dollars, Euro or Pound Sterling
- Fee free when you transfer your salary to HSBC
- Autopay and standing instructions
- Get accepted at over 25 million retail outlets worldwide and over 1 million ATMs
- Withdraw up to AED 8,000 from HSBC ATMs and Switch ATMs** in the UAE, daily
- Link up to two additional accounts to your debit card - so you can access all your accounts at any time
Plus:
- Six free over-the-counter transactions every month - when conducted in AED only
- Free Internet Banking, Phone Banking and SMS alerts - bank where and when it suits
- 1st cheque book free - and if your card is lost or stolen, use 'Stop Cheque'
Sole Account
You need to complete the Current Account opening process by personally visiting any of our Branch or Customer Service Centres, with the following documents:
- Original passport (for all customers)
- Valid residence visa (for non-GCC National customers only)
- Proof of UAE residence in the form of either a utility bill/rental agreement/employment letter (for GCC National customers only)
- Original labour card/work ID (for female applicants on father's/husband's sponsorship)
- Original trade license (for all self-employed customers)
Joint Account
Both you and your joint applicant(s) need to complete the Current Account opening process by personally visiting any of our Branch or Customer Service Centres, with the following documents:
- Original passport (for all customers)
- Valid residence visa (for non-GCC National customers only)
- Proof of UAE residence in the form of either a utility bill/rental agreement/employment letter (for GCC National customers only)
- Original labour card/work ID (for female applicants on father's/husband's sponsorship)
- Original trade license (for all self-employed customers)
| Personal account | |
| Account opening fees | Free |
| Minimum balance | AED3,000 |
| Breach of minimum balance | AED25 per month |
| Utility bill payment (internet and ATM) | Free |
| Account closure fee (if closed within one year of opening) | AED100 |
| Standing instruction setup (through the branch) | AED50 per instruction Free through internet or phone banking |
| Penalty fee for insufficient funds for standing orders | AED25 |
| Account balance letter | AED50 |
| No liability certificate | AED100 |
| Release letter | AED50 |
| Liability letter issued to government/embassies | AED100 |
| Liability letter issued to financial institutions | AED100 |
| Dormant account charge | Free |
| Statement of account (per agreed cycle) | AED25 (outside the cycle) |
| Teller services | Six free transactions per month. Additional AED10 per transaction |
| Bulk cash deposit and withdrawal at teller counter | Free |
| Early upliftment of term investment charge | Historical rate for the tenure the investment is held, minus 1% |
| Cheques | |
| Cheque Book (50 leaves) | First cheque book free AED50 per additional 50 leaves |
| Issuing of a bank cheque (AED) | AED25 |
| Issuing of a cashier's order (AED) | Not applicable |
| Issuing of demand draft (foreign currency) | Not applicable |
| Cheques returned drawn on the account (per instrument/cheque) | AED100 |
| Cheque payable at centres where central bank clearing facility is not available | Free |
| Returned cheques deposited in own account | Free |
| Cheques for collection within the UAE | Free |
| Cheques for collection outside the UAE** | AED50 |
| Stop payment (per instrument/cheque) | AED50 |
| Counter cheques - cash withdrawal | Free |
| Cheque photocopy | AED10 (less than one year) AED20 (over one year) |
| ATM/Debit cards | |
| Issuing ATM card | None |
| Reissuance of ATM card PIN | AED25 |
| Debit card annual fee | None |
| ATM/Debit card replacement fee | AED25 |
| Usage fee in UAE at HSBC ATMs | |
| Cash withdrawal/deposit | None |
| Balance enquiry | None |
| Mini-statement | None |
| Transfer within HSBC UAE accounts | None |
| Utility bill payments | None |
| HSBC credit card payment | None |
| In UAE at UAE Switch ATMs | |
| Cash withdrawal | AED2 |
| Balance enquiry | AED1 |
| (Rate per transaction) | |
| In GCC at HSBC ATMs | |
| Cash withdrawal | AED6 |
| Balance enquiry | AED3 |
| (Rate per transaction) | |
| In GCC at GCC NET ATMs | |
| Cash withdrawal | AED6 |
| Balance enquiry | AED3 |
| (Rate per transaction) | |
| Internationally at other HSBC ATMs | |
| Cash withdrawal | AED10 |
| Balance enquiry | None |
| (Rate per transaction) | |
| Internationally at Visa/Plus ATMs | |
| Cash withdrawal | AED20 |
| Balance enquiry | None |
| (Rate per transaction) | |
| Foreign currency transactions on debit cards | Debit card transactions that are not in your billing currency will be converted at a wholesale market rate, attracting a processing fee of up to 2%. |
| Copy of sales slip (debit card retail transaction) | AED25 |
| Phone banking | |
| Reissuance of phone banking PIN | Free |
| Ordering account statements | Free |
| - Extra copy (last six months) | |
| - Extra copy (beyond six months) | |
| Funds transfer between HSBC UAE accounts | Free |
| Statement by fax | Free |
| Utility bill payments (Etisalat, DEWA, SEWA, ADDC, AADC) | Free |
| Personal internet banking | |
| Funds transfer between HSBC UAE accounts | Free |
| E-statements | Free |
| Utility bill payments (Etisalat, DEWA, SEWA, ADDC, AADC) | Free |
| Setup of standing instructions | Free |
| Other benefits | |
| Credit card membership fees | Annual membership fees apply |
| Deposit or withdrawal in currency notes other than AED | 1% (minimum AED25) |
| Foreign currency sale and purchase fee | 1% of the value of the transaction amount |
| Inward remittances | |
| In AED | |
| If paid to beneficiary in cash* - Account holder - Non-account holder |
Free AED200 |
| If credited to the beneficiary's account - Account holder - Non-account holder |
Free Not applicable |
| If paid in AED(cash) to the beneficiary* - Account holder - Non-account holder |
Free AED200 |
| If credited to the beneficiary's foreign currency a/c in the same currency* - Account holder - Non-account holder |
AED25 (equivalent) Not applicable |
| If paid in currency notes other than AED | 1% (minimum AED25) |
| Outward remittances | |
| To non-HSBC accounts | |
| Telegraphic transfer (TT) | |
| Local/Central bank TT issuance - Electronic - Manual |
AED40 AED75 |
| International TT issuance - Electronic - Manual |
AED50 AED100 |
| Additional charge to send international TTs in full outside HSBC Group (charges 'OUR') - Electronic/Manual |
AED100 |
| International TT issuance to HSBC India or HSBC International, Jersey, Channel Islands above or equal to USD2,000 - Electronic/Manual |
Free (other bank charges may apply) |
| Recall of TT funds or investigation of TT status - Electronic/Manual |
AED150 |
| To HSBC accounts | |
| Local or between HSBC UAE accounts - Electronic/Manual |
Free |
| International TT issuance to accounts within HSBC Group entity - Electronic - Manual |
AED50 AED100 |
| International TT issuance to own accounts within HSBC Group entity using 'saved template' via internet banking - Electronic |
AED50 |
| Additional charge to send payment in full within HSBC Group (charges 'OUR') - Electronic/Manual |
AED50 |
| Cashier order/demand draft | |
| Issuance - Electronic - Manual |
AED25 AED35 |
| Mailing - Electronic/Manual |
AED20 |
| Cancellation (with original returned) - Electronic/Manual |
AED25 |
| Stop payment - Electronic/Manual |
AED75 |
Get everything you need from an Islamic personal Current Account, with a free debit card.
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