|
Service / Product |
Balance / Rate / Fee |
| |
|
CURRENT ACCOUNTS (INDIVIDUAL) |
|
Minimum Balance |
|
|
Resident |
Non Resident |
|
AED |
3,000 |
10,000 |
|
USD |
3,000 |
10,000 |
|
GBP |
3,000 |
10,000 |
|
EUR |
3,000 |
10,000 |
|
CHF |
3,000 |
10,000 |
|
Monthly charge if balance falls below minimum balance |
AED 50,
USD 20,
GBP 10,
EUR 20,
CHF 20 |
|
Interest on occasional debit balances |
15% Min AED 50 |
|
Semi-annual handling charge |
AED 100 |
|
Overdraft arrangement fee |
1% of funded Min AED 100 |
|
Insurance fee |
To be notified at the time |
|
Cheque Book charge |
1st Free, AED 25 per cheque book
(AED 1 per cheque) |
|
Late copies of passport & visa |
AED 50 after 2 months |
|
|
|
CURRENT ACCOUNTS (CORPORATE) |
|
Minimum Balance |
|
|
Resident |
Non Resident |
|
AED |
25,000 |
100,000 |
|
USD |
25,000 |
100,000 |
|
GBP |
15,000 |
50,000 |
|
EUR |
25,000 |
100,000 |
|
CHF |
25,000 |
100,000 |
|
Monthly charge if balance falls below minimum balance |
AED 100,
USD 25,
GBP 15,
EUR 25,
CHF 25 |
|
Interest on occasional debit balances |
15% Min AED 100 |
|
Semi-annual handling charge |
AED 250 |
|
Overdraft arrangement fee |
1% Min 150 |
|
Insurance fee |
To be notified at the time |
|
Cheque Book charge |
1st Free, AED 50 per cheque book |
|
Late copies of trade license & passport |
AED 150 / Per month,
after 1 month
for trade license,
2 months for passport & visa |
|
|
|
|
SAVING ACCOUNTS (INDIVIDUAL) |
|
Minimum Balance |
|
AED* |
3,000 |
|
USD |
3,000 |
|
GBP |
3,000 |
|
EUR |
3,000 |
|
CHF |
3,000 |
|
If balance falls below the minimum during the month |
No interest is paid |
|
*Interest on the AED account will be based on the minimum
balance for the month |
|
|
|
|
NOTICE DEPOSIT ACCOUNTS (INDIVIDUAL) |
|
Minimum Balance |
|
AED |
50,000 |
|
USD |
10,000 |
|
GBP |
10,000 |
|
EUR |
10,000 |
|
CHF |
10,000 |
|
Semi-annual handling charge |
AED 100,
USD 25,
GBP 15,
EUR 25,
CHF 25 |
|
If balance falls below the minimum during the month |
No interest is paid |
| |
| NOTICE DEPOSIT ACCOUNTS (CORPORATE) |
|
Minimum Balance |
|
AED |
100,000 |
|
USD |
25,000 |
|
GBP |
25,000 |
|
EUR |
25,000 |
|
CHF |
25,000 |
|
Semi-annual handling charges |
AED 200,
USD 50,
GBP 30,
EUR 50,
CHF 50 |
|
If balance falls below the
minimum during the month |
No interest is paid |
| |
|
FIXED DEPOSIT ACCOUNTS |
|
Minimum balances, tenor, and rates per currency |
Refer to the daily rates sheet |
|
Penalty for withdrawal prior to maturity
(Subject to the discretion of the Bank) |
Interest is paid as follows:
Interest rate for the period
(withdrawal date) at the time of
placing the deposit less 1% |
|
The Bank may debit the Account and the Customer will on demand pay the Banks charges and fees for the operation of the Account and other facilities and services provided to the Customer by the Bank. The Bank may amend, at any time without prior notice, its charges, commissions or fees. | |