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Amanah Premier Account

Get what you need from an Islamic banking account, paired with all the privileges of HSBC Amanah Premier

Be covered for your lifetime.
International debit card: Free SMS alerts Monthly fee: Shariah approved
Free Yes Free Yes

Here's what you get:

  • A Shariah approved current account in UAE Dirhams or US Dollars*
  • Dedicated Premier Relationship Manager – to assist all your banking needs

Free international debit card:

  • Get accepted at over 25 million retail outlets worldwide and over 1 million ATMs
  • Withdraw up to AED 12,000 from HSBC UAE ATMs and UAE Switch ATMs, daily
  • Link up to two additional accounts to your debit card. So you can access your accounts, any time you need

More great benefits:

  • Free worldwide Travel Takaful – all year round
  • Free unlimited transactions every month – if you pay with AED
  • Free Internet Banking, Phone Banking and SMS alerts – bank where and when it suits

Plus:

  • Free cheque books – and if your cheque is lost or stolen, use 'Stop Cheque'
HSBC Premier*
Eligibility Criteria (Does not apply to HSBC Premier International Customers) a. Maintaining a balance of AED 350,000 in deposits and/or investments
or
b. Salary transfer of AED 50,000 or above for the first 12 months after which point (a) applies.**

*Current accounts are also available in currencies other than those mentioned above.
**AED 350,000 has to be maintained in deposits and/or investments within 12 months to avoid charges and discontinued service.

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 Not applicable
Breach of minimum balance Not applicable
Eligibility criteria (does not apply to HSBC Amanah Premier international customers) a. Maintaining a balance of AED350,000 in deposits and/or investments
or
b. Salary transfer of AED50,000 or above for the first 12 months after which point (a) applies
Fee if eligibility criteria (a) is not maintained AED200 per month
Relationship fee Not applicable
Non-receipt of salary Not applicable
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) Free
Teller services  Free
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 Free
Issuing of a bank cheque (AED) Not applicable
Issuing of a cashier's order (AED) AED25
Issuing of demand draft (foreign currency) Free
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  Free

ATM/Debit cards  
Issuing ATM card  None
Reissuance of ATM card PIN None
Debit card annual fee None
ATM/Debit card replacement fee None
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 None
Balance enquiry None
(Rate per transaction)  
In GCC at HSBC ATMs  
Cash withdrawal None
Balance enquiry None
(Rate per transaction)  
In GCC at GCC NET ATMs  
Cash withdrawal None
Balance enquiry None
(Rate per transaction)  
Internationally at other HSBC ATMs  
Cash withdrawal None
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 cards retail transaction) None
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 Free
Travel Takaful Free if tickets bought using the HSBC Amanah Premier credit card
Free negative balance on application Free negative balance for AED15,000
Toll-free Dedicated toll free number
International account opening Free
Branch dedicated teller Free unlimited number of branch transactions over the counter
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
Dedicated lounge Dedicated area for HSBC Amanah Premier customers
Emergency encashment Free emergency encashment service 
Valet parking services at Valtrans (up to four times per month) in selected locations Free
Air miles on credit cards Earn 1.5 air miles for spend of AED1 if total spend > AED4,000 per month, else earn one air mile for every AED1 spent
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
In foreign currency  
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

Free
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
AED40
International TT Issuance
- Electronic
- Manual
AED40
AED70
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

AED40
AED70
International TT issuance to own accounts within HSBC Group entity using 'saved template' via internet banking
- Electronic
Free
International transfers to own accounts within HSBC Group entity using Global Transfer service
- Electronic
 Free
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

*Applicable on beneficiary deduct remittances only
**For cheque(s) accepted for collection, processing time will be approximately six to eight weeks and drawee bank charges may apply, which vary from USD45 to USD200.

Notes
(1) Electronic - Transactions originating from internet banking and electronic standing instructions
(2) Manual - Transactions originating through branches and telephone banking

a) Beneficiary of the remittance may be required to pay a charge depending on the conditions set by the remitter or his/her bank.
b) For non-account holders, remittances will be paid in cash only if the remittance has originated from an HSBC Group Bank.
c) If the amount is to be credited in another currency to an HSBC account, the prevailing exchange rate will apply.
d) Above charges are HSBC UAE charges only. Other banks, including HSBC offices abroad, may deduct their charges from the remittance amount. USD25 will be charged as our correspondent bank charges for all USD transfers where the final beneficiary is not HSBC in the US.
e) Non-HSBC beneficiary bank charges on telegraphic transfers are not guaranteed by HSBC or our correspondents. Some non-HSBC beneficiary banks in the United States may still deduct their charges from the total remittance amount.

Get a Shariah approved account, with all the benefits of HSBC Premier


Ready to apply? Apply now

How to apply

Are you already an HSBC UAE customer?

Or call: 800 4320

What if I'm not eligible

HSBC works to develop products and services to meet your requirements. To simplify the criteria for each product we provide a minimum salary or deposit criteria.

Find out more about HSBC Amanah Premier

Thank you for wishing to bank with HSBC. To apply for this product simply click Apply Now to fill out your details and let one of our experienced HSBC representatives call you back. Alternatively you can call us on the number below, whatever is more convenient for you.

Or call: 800 4320