SavingsLIV DIGITAL BANK BY EMIRATES NBD
Liv Goal Account
No monthly fee
Interest rate: Up to 4% p.a., paid monthly
No minimum balance
- Holding Currency
- 5 currencies
- FX Fee
- None
- Interest Rate
- Up to 2.75%
Liv Multicurrency Account
Hold US dollars, euros, pounds, Australian and Canadian dollars beside your AED account and spend them on the same Liv debit card without converting.
Opened from inside the Liv app. You need a Liv Primary Account first.
Staff code
KREDIT
Liv asks for this on the Contact details screen when you open your account.
The Liv Multicurrency Account holds five currencies — US dollars, euros, pounds, Australian dollars and Canadian dollars — alongside your dirham balance. Spending in a currency you already hold avoids the 3.14% foreign transaction fee on the Liv Primary Account, because no conversion takes place. On AED 3,000 of foreign spend in a month, that is about AED 94 saved.
The account does nothing for spending in other currencies such as Thai baht or Indian rupees, which still convert and still carry the fee. Check that the currency you actually spend is on the list before treating this as a travel account.
Benefits
Five Foreign Currencies
USD, EUR, GBP, AUD and CAD on your existing Liv debit card
Each currency is its own account. A transaction debits the matching currency automatically, so there is no second card to carry and no manual switching.
No Foreign Transaction Fee
International card spend carries no foreign exchange fee
Spending from a currency you already hold avoids the conversion entirely. On the AED account the same spend carries Liv's 3.14% foreign transaction fee.
Automatic AED Fallback
Short on a currency? The AED account covers the transaction
If the currency account has insufficient funds the transaction is taken from your AED account instead, so a payment does not fail while you are abroad.
Interest On Eligible Currencies
Up to 2.75% a year, calculated daily and paid monthly
Not every currency earns a rate. Liv publishes which ones do, and at what rate, on its interest-rate page.
Free debit card
Debit card
Rates
Eligible currencies earn up to 2.75% a year, calculated daily and paid monthly. Not every currency qualifies, and Liv publishes the list of qualifying currencies separately. If interest is the priority, the Goal Account pays more in dirhams and carries no currency risk.
2.75%
Eligible currencies
Up to this rate. Calculated on the end-of-day balance and credited monthly; not all five currencies earn a rate.
Fees
You still convert AED into the foreign currency at some point. The account moves that conversion from the moment of purchase to the moment of funding, which helps if you fund when the rate is favourable and hurts if you fund reactively at the airport. It is a timing tool, not a discount.
The daily and monthly purchase ceilings sit per currency, not across the account, so a single large purchase abroad is the case that meets them. Past the ceiling the transaction falls back to AED and its ordinary foreign transaction charge, which is the outcome the account exists to avoid.
Free
Account fee
No opening fee, no monthly fee, and no minimum balance on the currency account.
0%
FX fee
Nothing is converted, so nothing is charged. Spending a currency you do not hold converts from AED at 3.14%.
15,000AED
Daily limit
Monthly limitAED 50,000
Eligibility
18
Minimum Age
UAE resident or national
Residency
An active Liv AED account
Currency accounts are opened alongside it, not instead of it.
How to open
How to open a Liv Multicurrency Account
1.Open the Liv X app on your existing Liv account.
2.Go to accounts and add a Multicurrency Account.
3.Choose the currency you want to hold.
4.Top it up from your AED account, by card or by bank transfer.
5.Repeat for each additional currency you need.
Documents
Good to know
Cash and card access
There are no ATM withdrawals from a currency balance. You withdraw dirhams from your Liv account as normal, and the withdrawal converts. This is not a way to draw foreign cash cheaply.
There is no separate card. The same Liv debit card debits whichever currency matches the transaction and falls back to AED when a balance is short, so nothing declines because the wrong wallet was not topped up.
Frequently asked questions
Get answers to common questions about the Liv Multicurrency Account
Similar accounts
Savings
CurrentLIV DIGITAL BANK BY EMIRATES NBD
Liv Primary Account
Monthly fee: AED 25/month, waivable
Transfers: Quick Remittances
No minimum balance