Terms and Conditions Applicable during the Deposit Campaign Period
“SCB”
STANDARD CHARTERED BANK, incorporated in England and Wales with limited liability by Royal Charter 1853 reference number ZC18 and acting through its UAE Branch, which is licensed to operate as a commercial bank in the United Arab Emirates (UAE) by the Central Bank of UAE at Standard Chartered Tower, Emaar Square, Downtown Dubai, P.O. Box 999; Standard Chartered Bank UAE is licensed by Securities and Capital Markets Authority (“CMA”) to practice Promotion Activity.
“Account(s)/ Account Balance(s)/ Overall Relationship Balance/ Assets Under Management (AUM)”
Account(s) Means Current, Savings, Term Deposit products and total average deposit balance in these Accounts.
AUM Means the Total Deposit Balances and Wealth Balances for a Client
“Client”
Means Priority Private &Priority Banking New or Existing to Bank clients
“Campaign Offer” “Campaign Period”
Campaign offer means Clients shall be eligible to earn Special Profit on Fixed Deposit Products (Conventional or Wakalah) when they meet the campaign terms.
The Campaign period is between 1st July 2026 to 31st August 2026, both days inclusive.
“Currency”
Means Fixed Deposit in AED or USD Currency Only
“Wealth Subscription”
Earn additional Profit with a minimum client investment value as illustrated in Tables 1 & 2.
“Profit/Profit Rate”
All references to “Profit/Profit Rate” in these Terms & Conditions are considered expected profit/profit rate
The offer will be provided only during the Campaign Period between 1st July 2026 to 31st August 2026, both days inclusive.
Clients shall be eligible to earn Special Profit if they meet the requirements set out in these Terms & Conditions.
Special Profit Offer:
The Special Profit rate will be calculated on the Fixed Deposit value booked and will be credited to the client account 1 month post Fixed Deposit maturity.
The Fixed Deposit Tenor will be for 12 months only.
The minimum and maximum amounts eligible for Special Profit for each eligible Client shall be AED 370,000 and AED 5,000,000 or USD 100,000 and USD 1,363,000 for the Campaign.
Special Profit shall be applicable on New to Bank funds brought from outside of the bank for both Fixed Deposits and Wealth Subscription. The Balances transferred from any of the existing Account(s) to the Fixed Deposit are not eligible during the campaign period.
All New to Bank and Existing to Bank Clients who meet the minimum eligibility criteria set out below are eligible for Profit based on the below tiers, refer Table 1 for AED Currency and Table 2 for USD Currency.
Eligible clients may only receive Special Profit for either their AED Fixed Deposits or their USD Fixed Deposits and not both simultaneously.
Wealth Products include Mutual Funds, Fixed Income Securities, and Structured Products.
Fixed Deposit Value (AED) (Table 1)
Fixed Deposit Rate on 12 Months
Minimum Wealth Subscription Value (Client Equity) (AED)
Special Profit
Total Profit Rate
370,000 to 799,999
4.00%
370,000
0.50%
4.50%
800,000 to 1,999,999
4.00%
370,000
0.75%
4.75%
2,000,000 to 3,699,999
4.00%
550,000
1.00%
5.00%
3,700,000 to 5,000,000
4.00%
1,000,000
1.00%
5.00%
Fixed Deposit Value (USD) (Table 2)
Fixed Deposit Rate on 12 Months
Minimum Wealth Subscription Value (Client Equity) (USD)
Special Profit
Total Profit Rate
100,000 to 219,999
4.00%
100,000
0.50%
4.50%
220,000 to 549,999
4.00%
100,000
0.75%
4.75%
550,000 to 999,999
4.00%
150,000
1.00%
5.00%
1,000,000 to 1,363,000
4.00%
275,000
1.00%
5.00%
In event of closure of any Fixed Deposit or Early Uplift prior to the completion of the Tenor will be subject to Product Terms and early uplift charges may apply; no Special Profit will be paid on the balance that was held on the Fixed Deposit in such cases.
These Terms and Conditions are supplemental to the Client & Product Terms and Conditions
The Campaign and these terms and conditions may be amended and/or terminated at any time by SCB without prior notice and is not valid in conjunction with any other special promotion or other reward periodical campaign.
The Special Profit payable under the Campaign will be applied to all eligible Clients automatically. If any eligible Client wishes to opt out of this Campaign, they may do so at any time by notifying their Relationship Manager. A Client’s participation in the Campaign constitutes to his/her acceptance of the terms and conditions contained herein, as amended from time to time.
For Saadiq Wakalah Deposit Product the rate and special profit is an expected profit rate.
Should you have any concerns or complaints regarding any of our products or services, you may raise your complaint by emailing us at complaint.resolution@sc.com or calling our Client Care Centre on 800 4949 or +971 4 403 9639 from outside the United Arab Emirates, and we will get back to you within 2 working days. To know more about our Complaints Resolution process, visit https://www.sc.com/ae/customer-service/
For Illustrations (with expected profit) refer to below: