Fees and Charges

Account Features Basic Account Business Advantage Business Preferred Merchant Account Call Account
Minimum Monthly Average Balance AED 50,000 AED 250,000 AED 500,000 AED 1,000 AED 10,000
Fall below Fee (Per month) AED 250 AED 350 AED 500 AED 100 AED 250
Relationship Fee Free Free Free Free Free
Account Maintenance Charges          
Account closure Fee within 0-12 month AED 150 AED 250 AED 500 AED 150 AED 150
Customer Package Changes Charges (Upgrade/Downgrade) AED 250 AED 500 AED 750 N/A N/A
Teller Transaction          
Internal Fund Transfer Free Free Free Free Free
Foreign Currency cash Deposit / Withdrawal 1% For All FCY currency 1% For All FCY currency 1% For All FCY currency 1% For All FCY currency 1% For All FCY currency
Teller Transaction 2 Free transactions per month, thereafter AED 10 per transaction 8 Free transactions per month, thereafter AED 10 per transaction 20 Free transactions per month, thereafter AED 10 per transaction Free Free
Bulk AED cash deposit at teller counter and cash deposit centers 0.10% for AED 0.50 Million up to AED 1 Million. 0.25% for amounts more than AED 1 Million aggregated across all branches and cash deposit centers on a daily basis. Free for up to AED 1 Million. 0.15% for amounts more than AED 1 Million aggregated across all branches and cash deposit centers on a daily basis. Free for up to AED 1 Million. 0.10% for amounts more than AED 1 Million aggregated across all branches and cash deposit centers on a daily basis. Free Free
Bulk AED cash withdrawal at teller counter and cash deposit centers 0.10% for AED 0.50 Million up to AED 1 Million. 0.25% for amounts more than AED 1 Million aggregated across all branches and cash deposit centers on a daily basis. Free for up to AED 1 Million. 0.15% for amounts more than AED 1 Million aggregated across all branches and cash deposit centers on a daily basis. Free for up to AED 1 Million. 0.10% for amounts more than AED 1 Million aggregated across all branches and cash deposit centers on a daily basis. Free Free
3rd payment Cheque encashment per instrument Free Free Free Free NA
Cheque Deposit Free Free Free Free Free
Remittances          
Inward Remittances in Local Currency Free Free Free Free Free
Inward Remittances in Foreign Currency Free Free Free AED 15 AED 15
Copy of Inward Remittance swift message AED 10 AED 20 AED 15 AED 10 AED 20
Outward Telex Transfer - Central Bank (UAE) AED 50 AED 25 AED 20 AED 15 AED 30
Outward Telex Transfer - GCC AED 30 AED 25 AED 15 AED 25 AED 35
Outward Telex Transfer - Other countries AED 70 AED 60 AED 45 AED 50 AED 70
Outward Remittance - Cancellation/ Amendments AED 30 AED 40 AED 35 AED 30 AED 40
Raising /Responding inquiries on behalf of customers AED 30 AED 40 AED 35 AED 30 AED 40
Inward /Outward Swift Copy Charges AED 20 AED 25 AED 20 AED 20 AED 25
Initiating a tracer of a payment to be changed to/ Cancellation of Remitance instruction (funds already remitted) AED 30 AED 40 AED 35 AED 30 AED 40
Cheque Services          
Cheque Book Issuance charges 1st chq Book Free Free Free 1st chq Book Free NA
Additional Cheque Book request AED 1 per leaf Free Free AED 1 per leaf NA
Uncollected Cheque Book AED 15 AED 15 AED 15 AED 10 NA
Cheque Returned Charges AED 300 AED 300 AED 300 AED 300 NA
Stop Cheque (per request) AED 100 AED 60 AED 30 AED 20 NA
Copies of Cheques/letters/other off- line documents available for last 5 years AED 40 AED 35 AED 30 AED 35 NA
Collection of Cheques outside UAE AED 100 AED 75 AED 50 AED 50 NA
Post Dated cheques deposit (per Cheque) AED 15 AED 20 AED 15 AED 15 NA
Post Dated cheques Stop Payment (per cheque) AED 75 AED 100 AED 75 AED 75 NA
Standing Instructions          
Standing Instructions set up charges AED 50 AED 30 AED 20 AED 25 AED 30
Periodic Payment - Internally Free Free Free Free Free
Periodic Payment - to another bank in UAE AED 30 AED 25 AED 15 AED 15 AED 30
Periodic Payment -to a bank outside UAE AED 70 AED 60 AED 50 AED 50 AED 70
Cancellation of Standing Instructions AED 15 AED 15 AED 15 Free AED 15
Amendment Charges AED 10 AED 15 AED 15 AED 10 AED 15
Failed Standing Instruction AED 10 AED 15 AED 15 AED 10 AED 15
Covering Instruction - set up AED 30 AED 30 AED 30 AED 30 AED 30
Demand Drafts and Cashier's Order          
Demand Draft Issuance AED 30 AED 20 AED 15 AED 20 AED 25
Demand Draft Amendments/ Cancellation /stop Payment AED 100 AED 50 AED 30 AED 15 AED 20
Statement Charges          
Monthly Statement Free Free Free Free Free
Duplicate Account Statement AED 10 per page max of 200 AED 10 per page max of 200 AED 5 per page max of 200 Free AED 10 per page max of 150
Bank Certificate /Letter Requests          
Handling charges for general investigations AED 30 AED 30 AED 30 AED 25 AED 25
Balance confirmation charges AED 100 AED 100 AED 100 AED 100 AED 100
Under formation Letter AED 750 AED 500 AED 250 AED 250 AED 250
A/C Closure Certificate AED 150 AED 150 AED 150 AED 100 AED 100
Liability letter /No liability letter AED 150 AED 150 AED 150 AED 100 AED 100
Audit Confirmation Letter AED 300 AED 250 AED 150 AED 150 AED 150
Other reference letters (Good standard letter, account open date, ref letter showing the signature)          
  AED 150 AED 150 AED 150 AED 100 AED 100
Debit Card          
Debit Card Issuance AED 50 AED 50 AED 50 AED 50 NA
Debit Card Replacement AED 25 AED 25 AED 25 AED 50 NA
UAE Switch (per Trnx) - Cash Withdrawal on other Bank ATM AED 2 AED 2 AED 2 AED 2 NA
GCCNET (per Trnx) - Cash Withdrawal AED 6 AED 6 AED 6 AED 6 NA
Balance Inquiry other banks ATM AED 1 AED 1 AED 1 AED 1 NA
Balance Inquiry NBAD/ FGB ATM in UAE Free Free Free Free NA
International Cash Withdrawal (Processing fee for foreign currency transaction) AED 15 or 2.5% of withdrawn amount (whichever is higher) AED 15 or 2.5% of withdrawn amount (whichever is higher) AED 15 or 2.5% of withdrawn amount (whichever is higher) AED 15 or 2.5% of withdrawn amount (whichever is higher) NA
Declined Transaction AED 3 AED 3 AED 3 AED 3 NA
Copy of Sales slip AED 25 AED 25 AED 25 AED 25 NA

Click Here for Trade and Working Capital tariffs.

 
 
 
 

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