Riyad Bank Online
|
Account Type |
Account Opening Fee | Monthly Maintenance Fee | Minimum Balance Requirement | Overdraft Charges |
|
Current Account |
Free |
AED 20 – AED 50 | AED 1,000 – AED 5,000 |
AED 100 – AED 150/day |
|
Savings Account |
Free |
AED 15 – AED 30 | AED 500 – AED 1,000 |
AED 50 – AED 100/day |
|
Fixed Deposit Account |
Free |
None | AED 5,000 – AED 50,000 |
Not Applicable |
|
Business Account |
Free |
AED 50 – AED 100 | AED 5,000 – AED 10,000 |
AED 200 – AED 300/day |
| Salary Account | Free | None | No Minimum Balance Required |
AED 50 – AED 100/day |
In this digital age, Banks are the most convenient options that allow people to manage their financial needs. Riyad Bank Online is a well-known online banking sector that creates a trusted reputation among customers in the UAE. Riyad Bank was established in 1957 and won the hearts of millions of customers due to its innovative banking services. Furthermore, the dedication of Riyad Bank to digital banking solutions and customer satisfaction offers you comfort and reliability. In this blog, we will explore top services, account openings, and different branches of the Riyad Bank.
Riyad Bank Branches in the UAE
|
Branch Location |
Address | Operating Hours | Key Features |
|
Dubai |
Sheikh Zayed Road, Dubai, UAE |
9:00 AM – 5:00 PM |
ATM, customer support, and support services. |
|
Abu Dhabi |
Khalifa Street, Abu Dhabi, UAE |
9:00 AM – 5:00 PM |
personal banking, support services, and wealth management. |
|
Sharjah |
Al Majaz, Sharjah, UAE |
9:00 AM – 5:00 PM |
Specializes in business banking and corporate services. |
| Al Ain | Near Al Ain Mall, Al Ain, UAE | 9:00 AM – 5:00 PM |
Provides personal banking, small business accounts, and loan services. |
The Complete Guide to Opening a Riyad Bank Account
Banking with Riyad Bank Online
One of the most simple and hassle-free ways to create an account with Riyad Bank is their official website.
Visit the Official Website: To create an account, you need to go to the official website of Riyad Bank UAE.
Start Online Registration Process: After accessing the website, on the homepage, you need to find the “Open a New Account or Apply Now” section. Moreover, when you simply click on the link, it will take you to the online application process.
Provide Personal Information: After that, you have to enter your vital information like name, contact information, address, nationality, and Date of Birth.
Upload Required Documents: In this step, you need to upload required documents like a scanned copy of a valid Emirates ID, Salary Certificate, and Passport.
Choose the Type of Account: After that, simply select the account type that you are willing to create with Riyad Bank online. Whether you are looking to open a current, savings, or salary account, the bank caters to your all needs.
Complete the Digital Verification Process: After selecting an account, Riyad Bank will conduct your video verification right after when the application is submitted. When your verification is done, you can get a new account opening notification via email or SMS.
Activating Online Banking: At last, when your account is opened, you can receive your account number and credentials to start online banking.
Services Offered by Riyad Bank
Digital Banking
If any customer chooses this Islamic bank in UAE then he can simply access their online platforms like Mobile App. Moreover, RiyadOnline banking allows you to experience services like paying utility bills, transferring funds, and other payments from anywhere.
Islamic Banking
Riyad Bank allows you to experience Murabaha finance which is ideal for personal and home financing. Moreover, in this bank, customers can also avail of the option of Sharia-compliant credit cards, mudarabah accounts, and Wakala investments.
FAQs
Which documents are essential for customers to create an account with Riyad Bank in the UAE?
If any customer wants to create an account with Riyad Bank, upload his valid Emirates ID, Salary Certificate, and Passport.
Tell me the reason why people prefer to create an account with Riyad Bank online?
When anyone creates an account with Riyad Bank, he can access services like digital banking solutions, mudarabah accounts, Tawarruq personal finance, and more.
What is a convenient way to create an account with Riyad Bank?
The official website of Riyad Bank is a hassle-free and comfy way to create an account.
What is the minimum balance requirement for a Riyad Bank account?
For business or corporate accounts with Riyad Bank, the minimum balance requirement is AED 4900 for everyone.
