Skip to main content
Entire section Custom print Text Only Rich Text Print

Article (12)- Conditions for Opening of Accounts, Providing of Credit Cards and Granting Loans & Bank Facilities:

N 2901/2011 Effective from 28/4/2011
  1. 1.Emirates Banks Association will be providing the banks with standard account opening forms including general terms and conditions and other loan documentation which will be beneficial to various user groups. Pending finalization and introduction of new forms, the banks may continue to use the existing forms as hitherto.
  2. 2.In addition to the above, each bank will also be allowed to define specific terms and conditions which do not require prior approval from the Emirates Banks Association or Central Bank provided these are signed by the customer and do not contravene or contradict any other requirement. These terms will be shown in a separate section alongwith general terms and conditions.