HSBC
Advance account

a) Minimum monthly balance in deposits and/or investments of AED100,000 (or equivalent in foreign currency) or more or 

b) Minimum monthly salary transferred** to HSBC of AED15,000 (or equivalent in foreign currency) or more or 

c) For employees of CEP companies only Get a Personal Loan at a preferential rate starting from 6.74% p.a. and upgrade to HSBC Advance***.

GCC Nationals with UAE Residency:

Passport , valid visa , labour card / work ID , proof of residence in the form of either a utility bill/  rental agreement /employment letter dated within  the last 2 months , Additional documents required for Advance by salary-based eligibility criteria: original trade licence salary certificate , salary transfer letter.

Other Expats with UAE Residency:

Passport , valid visa , labour card / work ID , proof of residence in the form of either a utility bill/  rental agreement /employment letter dated within  the last 2 months , Additional documents required for Advance by salary-based eligibility criteria: original trade licence salary certificate , salary transfer letter.

UAE Nationals:

Passport , valid visa , labour card / work ID , proof of residence in the form of either a utility bill/  rental agreement /employment letter dated within  the last 2 months , Additional documents required for Advance by salary-based eligibility criteria: original trade licence salary certificate , salary transfer letter.

• No charges for cash withdrawals at any bank ATM acrooss the UAE and GCC
• Preferential rates on personal loans
• Free instant international fund transfers through online and mobile banking via Global View and Global Transfers between your global HSBC accounts
• Free global emergency cash up to USD 10,000 from any HSBC branch abroad in case you lose your wallet while travelling abroad
• 50% discount on processing fee for international HSBC account opening
• Current account available in multiple currencies (AED, USD, GBP and EUR)
• Fee free Overdraft up to 1 salary multiple or AED 50,000 (whichever is lower), the first AED 2000 being interest free.