As everyone knows, banks are reliable options that help in account management and funds transfer. CBD Bank is one of the reputable banks which offers a wide range of banking solutions for your comfort. Moreover, it was founded in 1969 and attracts millions of customers across the UAE due to its innovative banking solutions. The commitment of CBD Bank to customer satisfaction and ATM Services enhances your experience. In this blog, we will explore the Branches, services, and account opening of CBD Bank in the UAE.
|
Account Type |
Account Opening Fee | Monthly Maintenance Fee | Minimum Balance Requirement | Overdraft Charges |
| Savings Account | AED 0 | AED 0 (if minimum balance maintained) | AED 3,000 – AED 5,000 |
AED 200 – AED 300 per day |
|
Current Account |
AED 0 | AED 30 | AED 3,000 – AED 5,000 | AED 200 – AED 300 per day |
| Fixed Deposit Account | AED 0 | AED 0 | Varies (depends on deposit amount) |
N/A |
|
Business Account |
AED 0 | AED 50 – AED 100 | AED 10,000 – AED 25,000 |
AED 200 – AED 300 per day |
CBD Bank Branches in the UAE
|
City |
Branch | Operating Hours | Key Features |
| Dubai | Head Office | CBD Bank timing from Sun to Thu is 8 AM to 3 PM |
Full banking services, Corporate services |
|
Dubai |
Deira Branch | CBD Bank timing from Sun to Thu is 8 AM to 3 PM | Personal banking, ATM facilities |
| Dubai | Bur Dubai Branch | CBD Bank timing from Sun to Thu is 8 AM to 3 PM |
Personal banking, Loans, ATM facilities |
|
Sharjah |
Sharjah Branch | CBD Bank timing from Sun to Thu is 8 AM to 3 PM | Retail banking, Cash deposit services |
| Abu Dhabi | Abu Dhabi Branch | CBD Bank timing from Sun to Thu is 8 AM to 3 PM |
Personal and corporate banking |
|
Al Ain |
Al Ain Branch | CBD Bank timing from Sun to Thu is 8 AM to 3 PM |
Personal banking, Business accounts |
Quick and Easy Steps to Open a CBD Bank Account
Mobile App
If any customer is aiming to create an account with CBD Bank then their mobile app is a good choice.
steps:
Download the CBD Mobile App: To create an account, the CBD Bank app is available on Apple Store or Google Store. Moreover, you need to install the app after downloading and then simply open it.
Select a New Account: After opening the app, you have to click on the “Open an Account” section on the main screen.
Register: After that, you have to Sign Up if you are new by providing your phone number and email.
Choose the Account Type: Now you need to select the type of account that you desire to create with Commercial Bank of Dubai. Furthermore, the most common options of accounts are Savings, Current, and Fixed Deposit with CBD.
Provide Personal Information: In this step, simply provide personal details that include Full Name, Contact details, Date of Birth, and Passport Number.
Upload Required Documents: Here you have to upload scanned copies of your documents like Emirate ID, Proof of address, and Proof of income.
Complete the Verification Process: Now the bank will review your all details and also verify your identity via video call or OTP. Moreover, when your application is approved, simply fund your account by making an initial deposit via bank transfer or cash.
Access Your Account: At last, after making the initial deposit, you easily make transactions, check your balance, and other banking services.
Services Offered by CBD Bank
Wealth Management and Private Banking
With CBD Bank customers can avail of various investment strategies and personalized financial planning. Moreover, the banks also provide private banking services that include tailored solutions for asset management and estate planning.
Business Banking
CBD Bank allows you to experience savings and current accounts with an extensive range of services like checkbook facilities. Moreover, in this innovative bank, customers can also avail of the option of services like trade finance, business loans, and merchant services.
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FAQs
What is the minimum balance requirement for a CBD Bank account for customers?
If you want to create a current account with CBD Bank the minimum balance required is AED 3,000 to AED 5,000.
Can I apply for a CBD Bank loan in the UAE?
Yes, you can easily apply for a loan by using CBD Bank as the bank offers various personal, home, and car loans.
Tell me the reason why it is important to create an account with the CBD Bank?
If you create an account with CBD Bank, you can access services like wealth management, online banking, Mobile App, and more.
Which documents are essential to create an account with CBD Bank in the UAE?
If you are willing to create an account with CBD Bank then upload your Emirates ID, Proof of income, and proof of Address.
