Call Account
A flexible banking account providing on-demand withdrawals in the UAE.
Detailed Description
Call Account
What is a call account?
A call account is a flexible savings account that allows easy deposits and withdrawals while earning interest.
What are the main benefits of a call account?
The main benefits include liquidity, competitive interest rates, and minimal fees.
Can I withdraw money from a call account anytime?
Yes, withdrawals can be made at any time without penalties, although some banks may have monthly limits.
Are there different types of call accounts?
Yes, there are personal and business call accounts, and some may offer tiered interest rates based on balance.
What are the eligibility requirements for opening a call account?
Eligibility typically requires identification and proof of address for individuals, and incorporation documents for businesses.