Minimum age
18 years
Citi Current Account
Citi Current Account is a cheque book account in AED or a major foreign currency. It pays no interest and costs AED 25 in months averaging under AED 3,000.
At a glance
Key facts
Monthly Fee
AED 25/month below AED 3,000
Minimum BalanceAED 3,000
Holding CurrencyMulti-currency
The Citi Current Account is the bank's everyday account for paying and getting paid. You can hold it in AED or in a major foreign currency, write cheques from it and use its debit card at ATMs and in shops. Money can be paid in and taken out at any time without notice. It pays no interest, which is the main difference from the Citi Savings Account: that one pays a small rate but has no cheque book. You manage the account through Citibank Online, the Citi Mobile app and 24-hour CitiPhone banking, and you open it in person at a Citi branch.
Who can open it
Residency
UAE resident
Fees and balance
Citi looks at your average balance across the month, not the balance on a single day. If that average is AED 3,000 or more, the account costs nothing for the month. If it is lower, Citi charges AED 25 for that month. The rule is applied to each account on its own, so two Citi accounts each need their own AED 3,000 average. Citigold and Citigold Private Client customers are not charged. Cash withdrawals with the debit card are free at Citibank ATMs in the UAE and abroad, while ATMs of other banks carry the charge listed in Citi's Schedule of Charges.
Minimum balance
AED 3,000
Monthly fall-below fee
AED 25
How to avoid the monthly fee Meet any one of these conditions.
- Keep a balanceAverage monthly balance of AED 3,000 or more
- Other exemptionsNot charged to Citigold or Citigold Private Client customers
In plain words
- Fall-below fee
- A monthly charge for holding less than the balance the bank asks for. Here it is AED 25, charged in a month when your average balance for the month is under AED 3,000. The average is taken over every day of the month, so a few low days do not trigger the fee on their own. It is not charged in a month when you stay at or above that amount. More on this
Benefits
International Debit Card
Free cash withdrawals at Citibank ATMs in the UAE and abroad, with contactless payments.
Personalised Cheque Book
Unlimited checking facility on the account, with alerts when a new cheque book is issued.
Major Foreign Currencies
Hold the account in AED or a major foreign currency.
Local and Global Transfers
Instant AED transfers to UAE bank accounts and Citi Global Transfers to Citibank personal accounts worldwide.
Cheque book available
Cheque book
How to open
Before you apply
1.Minimum balance: AED 3,000.
2.Debit card included.
Application steps
1.Check that you are a UAE resident aged 18 or over.
2.Prepare your original Emirates ID and a copy of your passport. Add a copy of your UAE visa only if your Emirates ID does not show your sponsor details.
3.Visit a Citi branch with the documents. A Citi representative opens the account with you.
4.Provide proof of your source of funds, such as a salary certificate or bank statements, if Citi asks for it after its review.
5.Look out for the confirmation SMS and welcome letter, sent within one day of the account opening.
6.Activate your debit card when it arrives and register for Citibank Online.
Good to know
Good option for
You want a cheque book and a debit card on one account, you can keep an average of AED 3,000 in it, and you are comfortable opening it at a branch.
Consider another account if
You want your balance to earn something, or you expect your average to sit under AED 3,000 in most months. The no minimum balance accounts list covers accounts without that rule.
Cheques returned unpaid
If a cheque you write is returned unpaid because the account does not hold enough money, Citi may close the account in line with UAE law and report it to the UAE Central Bank. You then hand back any cheque books for the account.
Frequently asked questions
Get answers to common questions about the Citi Current Account