Banks in United Arab Emirates

How to Close Sharjah Islamic Bank Account?

UAE or the United Arab Emirates is an amazing country to be in. There is no doubt that people from all the corners of the world come here for employment purposes. But when you are all set to leave UAE, you should close your bank account. This guide will tell you how you can close Sharjah Islamic Bank account.

There are a few things about which you take care of in UAE before closing the account. The first thing you have to do is check if there are any dues pending in your bank account. This also includes any negative balance. In case you have any then first you have to clear it.

The banks in the UAE will not allow you to close the accounts without clearing the dues and negative balance. The next thing is if you have set up any recurring payments or transfers then cancel all of those. Before you close the account you have, transfer all the funds to your alternative bank account to bring down the balance to zero.

About Sharjah Islamic Bank

Logo of Sharjah Islamic Bank

Type of BankPublic
Founded1976
HeadquartersSharjah, UAE
ProductsBanking
Official Websitewww.sib.ae

Steps to Close Sharjah Islamic Bank Account

Steps to Close Sharjah Islamic Bank Account

As per the information I got online after referring to multiple articles. I came to know that most of the banks in the UAE, do not allow their customers to close the account online. So I will explain to you an offline method to close the account. If you have a joint bank account then refer to this.

Steps to Close Sharjah Islamic Bank Account:
  1. Locate the nearest branch of Sharjah Islamic Bank.
  2. Take your identity proof document with you.
  3. Visit the branch of the bank.
  4. Go to the helpdesk of the bank’s branch.
  5. Talk with the bank officials.
  6. Tell the bank officials that you want to close the account.
  7. The officials will ask you the reason to close and handover the account closure form.
  8. Fill in the account closure and sign the account closure form.
  9. Submit the duly filled and signed form to the bank officials to close the account.

How to Contact the Bank?

You can contact the bank using the information given below. I have mentioned the phone number, official website, and the official social media profiles of the bank.

Contact Details of Sharjah Islamic Bank:

Conclusion

This is how you can close Sharjah Islamic Bank account, for more details like the account closing charges. Contact the bank using the information provided above. In case you want to open a new bank account by closing this one. Then you should ask some of these questions to the bank before opening the account.

References Used:
  • https://www.sib.ae/contact-us
  • https://www.thenationalnews.com/business/leaving-the-uae-here-s-how-to-do-so-the-right-way-1.124387
  • https://en.wikipedia.org/wiki/Sharjah_Islamic_Bank

Legal Information

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