Advance Account
Have everything you need from a current account, paired with all the privileges of HSBC Advance. Like always having a team of dedicated Relationship Managers on hand.
| International debit card: | Monthly transactions: | Monthly fee: | Internet banking: | |
|---|---|---|---|---|
| Free | Unlimited and free | Free | Yes |
Here's what you get:
- A Current Account available in UAE dirham, US dollars, euro and pound sterling
- Overdrafts, AutoPay on your HSBC Credit Cards and standing instructions
- Get accepted at over 25 million retail outlets worldwide and over 1 million ATMs
- Withdraw up to AED10,000 from HSBC UAE ATMs and UAE Switch ATMs, daily
- Link up to two additional accounts to your debit card. So you can access all your accounts, any time you need
Plus:
- Free Internet Banking, Phone Banking and SMS alerts - bank where and when it suits
- Free cheque books - and if your card is lost or stolen, use 'Stop Cheque'
| HSBC Advance* | ||||
|---|---|---|---|---|
| Monthly income mandated to HSBC | AED15,000 (equiv.); or more | |||
| Total Relationship Balance | AED100,000 (equiv.); or more | |||
| Personal account | |
|---|---|
| Account opening fees | Free |
| Minimum balance | Not applicable |
| Breach of minimum balance | Not applicable |
| Eligibility criteria | a. Maintaining a balance of AED100,000 in deposits and/or investments or b. Salary transfer of AED15,000 per month or more |
| Fee if eligibility criteria (a) is not maintained | AED100/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 |
| Term deposit premature upliftment rate | Historical rate for the tenure the deposit 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 | 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 | 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 | 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 cards 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 | Free |
| Life Insurance | Free Life Insurance of AED35,000 |
| Overdraft Annual Renewal Fee | AED200 |
| Overdraft/free negative balance on application | Free negative balance for AED5,000 |
| Travel Insurance | Free |
| Toll-free | Dedicated toll free number |
| International account opening | USD100 |
| 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 Advance customers |
| Emergency encashment | Free emergency encashment service |
| Valet parking services at Valtrans (up to four times per month) in selected locations | Free |
| VOX cinemas tickets | Buy one, get one free |
| Air miles on credit cards | 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 |
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 |
AED25 AED25 |
| Additional charge to send domestic TTs in full outside HSBC Group (charges 'OUR')
- Electronic/Manual |
AED25 |
| 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 |
| International transfers to own accounts within HSBC Group entity using Global Transfer service - Electronic |
USD7 |
| Additional charge to send payment in full within HSBC Group (charges 'OUR') - Electronic/Manual |
AED50 |
| Cashier order | |
| Issuance - Electronic - Manual |
AED25 AED35 |
| Cancellation (with original returned) - Electronic/Manual |
AED25 |
| Stop payment - Electronic/Manual |
AED75 |
Sole Account
You need to complete the 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)
- Salary certificate (for customers working in government/public sector companies)
- Salary Transfer Letter (for customers working in private sector companies). Only one applicant is required to provide the Salary Certificate/transfer letter but it is mandatory that all the joint applicants are UAE residents
Joint Account
Both you and your joint applicant(s) need to complete the 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)
- Salary certificate (for customers working in government/public sector companies)
- Salary Transfer Letter (for customers working in private sector companies). Only one applicant is required to provide the Salary Certificate/transfer letter but it is mandatory that all the joint applicants are UAE residents
Get an everyday bank account with HSBC Advance.
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