Standard Chartered launches Online Account Opening Facility

Existing Customers can open savings and fixed deposit accounts through online banking

UAE, 8 January, 2012 – Standard Chartered announced today a new facility which allows existing customers to open Islamic and Conventional savings and fixed deposit accounts through its online banking platform, Straight2Bank. The facility comes as part of the bank’s continuous efforts to enhance its customer’s banking experience.

The customer’s account of choice will be opened instantly and can be viewed and managed online. Customers just need to have an active online banking ID which can also be done instantly through the bank’s website: www.standardchartered.ae.

 Commenting on the new facility, Mohamed Al Mazemi, General Manager, Distribution, Standard Chartered Middle East said:

“Standard Chartered has been launching several initiatives which are aimed at providing its customers with a secure, fast and convenient banking service. We have been developing our online banking platform to better serve our customers where we have introduced local and international fund transfers services and bill payment facilities for Etisalat, Salik, DEWA, SEWA, ADDC & AADC.The account opening facility is another addition to the suite of convenient online banking services that we provide our customers.”

Standard Chartered has been operating in the UAE since 1958 and has the largest distribution network among international banks with 11 branches, three Electronic Banking Units and over 130 ATMs and CDMs