<p>The eSaver account, which is only available in United Arab Emirates (UAE) dirham, has been launched with a special launch interest rate of 6% per annum valid until June 30, 2007. The account has no minimum balance requirement or monthly maintenance fee. <br /><br />The ground-breaking new online deposit proposition, eSaver, is the region&#0039;s first online, easy-to-use, flexible, safe and highly rewarding way to save, said Lester Wynne-Jones, regional head of personal financial services at HSBC Bank Middle East Limited. Customers will benefit from a competitive interest rate on their savings, with flexibility to withdraw money at any time. <br /><br />Customers can open an eSaver account online by following a three-step internet application process, and will then be issued with an account number in real-time. The eSaver account is then activated once the account holder presents in person, at any HSBC UAE branch or customers service unit, his or her original passport and a copy for identification. <br /><br />Once activated, all deposits into and withdrawals from the account can be made electronically.</p>