news news

Bank of Sharjah has adopted a series of measures aimed at supporting customers to face the challenges resulting from the outbreak of the new COVID-19 pandemic

Published on : 24/ March /2020

In line with the directives of the leadership of the United Arab Emirates and the Economic Support Plan proposed by the Central Bank of UAE, Bank of Sharjah has adopted a series of measures aimed at supporting our customers to face the challenges resulting from the outbreak of the new COVID-19 pandemic. 
 
These measures will benefit our corporate and individual customers, effective immediately and until the end of September 2020:

  • Waiving the minimum balance charges
  • Waiving the charges for late update or submission of copies such as passport, trade license, Emirates ID, Visa for both individuals and corporates
  • Reducing by 50% the interest on overdue payments for credit cards
  • Waiving all charges for ATM cash withdrawals on non-BOS ATMs within the UAE
  • All transfers will be at zero fees within the UAE
  • Increase the standard daily ATM cash withdrawal limit
  • Increase the standard MasterCard POS daily sale limit
  • Increase the daily ATM cash deposit limit
  • Possibility for six months deferral of installments for eligible individuals and corporates affected by COVID-19.

For more details, please contact your Relationship Manager by email or phone