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Browse our FAQ's and get an answer right away
Can I cancel the deposit at any time and without penalty?

Yes, a deposit amount booked under Escalator can be redeemed fully or partially (provided remaining amount is not less than required minimum deposit amount) with two UAE business days’ notice in writing. No interest will be paid if the deposit is cancelled within 1 month of placement. There will be no penalty if deposit is redeemed on any six monthly interest payment dates, after the first year.

Can I cancel and invest subsequently in this product again?
Yes you can cancel, but reinvesting in the product would be subject to prevailing rates at that time.
If I need money for short term requirements but would like to continue this product, what is the solution?
UAB provides customer financing facilities (up to 90% of the deposit amount) against this product at a very attractive price to meet any short-term cash flow requirement.
If I have funds lower than the minimum deposit amount, what other product is the bank offering?
Please don’t hesitate to contact your relationship manager to hear about other attractive deposit products for smaller amounts.
Is it possible to have this product in other currencies?
Yes, we can structure similar product in other major currencies and with various maturities. Please contact your relationship manager with your specific needs.

You can reach us using any of the following numbers

UAB Toll Free

800 474

International callers

+971 6 5987332

Sadara Toll Free

800 72 32 72

Sadara international

+971 6 5987333

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