Savings Account

About

Your savings are safe with us at the National Bank of Kuwait. Whether you are saving for your family’s future or setting money aside for emergencies, we keep your funds secure with features designed to meet your needs and goals. With 24/7 access, seven days a week, you can always rely on your savings account.

Who is it for?

To open NBK Savings Account, you must be 18 years old and above.

What do I get?

1. Free debit card for the first time

2. Access to over 650,000 Visa ATMs globally

3. Access to NBK Mobile and Online Banking

4. Standing order service

5. Free SMS Service

6. The account can be opened in KD, AED, USD, EUR and GBP

7. Fixed deposit

8. No annual charges, The NBK savings Account is free of charge

How do I get it?

Minimum deposit to open this account is AED 3,000.

How Can I Access It?

• Through NBK Online Banking
• Through NBK Mobile Banking App
• Customer service (branches)
• Through ATMs

Required Documents

• Original passport
• Valid ID (Kuwaiti ID, Emirati ID or resident ID) 
• 6 months salary account statement or an active account statement
• Salary certificate if your salary will be transferred to NBK - UAE 
• Reason of opening with supporting documents
• Additional documents may be required as per NBK - UAE internal policy 
• CRS self-declaration form (Available in the branch)
• FATCA self-declaration form (Available in the branch)

Fees And Charges

• Please refer to the table of fees and charges
• Please refer to the table of key fact statement for this product

FAQs

1. How can I open an account in NBK - UAE?

   Simply visit any of our branches and speak to one of our Relationship Officers.

2. How do I close my account?

   You need to visit one of our branches (UAE or International for Non-UAE Residents) to submit the request for closing the account.

3. What if I stop using my account?

   If there is no activity on the account for 1 year, the account will go into inactive status. If there is no activity on the account for 3 years, the account will go to dormant status. If there is no activity on the account for 5 years or more, the account will go to unclaimed status. You should visit NBK Office to reactivate the account.

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