Foreigners with residence permits can open bank account in the UAE. The process is relatively simply and can be done entirely online. Non-residents have to prove their compliance with the strict requirement of anti-money laundering legislation and provide bank requested documents.

If the customer has an account with the Bank, A duly signed letter of authority instructing the Bank to debit the proposed amount from the customer”s respective account will suffice. Such instruction from the customer will include specific details needed to book the fixed deposit such as customer”s account number, amount to be booked, tenor of deposit and the agreed rate.

For children under 18 years old, their fathers or male legal guardians can open bank accounts in UAE. Mothers can open accounts for their children only with power of attorney. Parents can’t withdraw money from child’s account. The account owner will have access to it once they turn 18 years.

.Yes. The account can be operated through any of our card products or internet/online banking solution.

Loans can be applied either physically or online. For physical application; customers are advised to apply at any of the ISFB branch offices that is closest to them for loan applications that are N1bn and above. Customers who want to apply online can do so by applying on the bank’s website.

e have several FDR plans. Choose the best plan suitable for you and just click on the Apply Now button and put the amount.