Rates, Fees & Charges

Rates, Fees & Charges

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Corporate Cash Management Tariffs

Published on September 2026

Service/Product	Charge
ACCOUNTS
Account Services
Minimum Balance Requirement	AED 500k or USD/EUR/FCY 150k
Fall Below Monthly Minimum Balance	AED 150 or USD/EUR/FCY 40
Monthly Maintenance Fee	AED 350 (Waived for borrowing customers)
Interest on occasional debit balances	15% + AED 20
Overdraft arrangement fee	1% of funded, Min AED 200
Account Closure Fee (within 6 months)	AED 200
Account Closure Certificate	AED 100
Trade License Expiry Fee	AED 150 per month, after 1 month of expiry
Online Banking
Setup	Waived
Monthly Maintenance	Waived
Services & Requests
Balance Confirmation / Audit Confirmation	AED 250
Account Statement	Waived for Online Statements. Duplicate Statement: AED 50
Capital Guarantee/Under Formation/Trade License Certificate	AED 250
No Liability Letter/Release Letter	AED 50
Miscellaneous Certificates/Letters	AED 250 per certificate
Courier: Local	AED 50 per request
Courier: International	AED 150 per request
Cheque Book Services
Issuance of Cheque Book	AED 1 per leaf
Standing Instructions
Setup/Amendment	Setup: AED 50 Amendment: AED 50
Execution	Funds Transfer Charges
Cancellation/Rejection	Cancellation: AED 50 Rejection due to Insufficient Funds: AED 25

Service/Product	Charge
INVESTMENT DEPOSITS
Notice Deposit Accounts
Minimum Balance Requirement	Resident: AED 50k or USD/EUR/FCY 50k Non-Resident: AED 100k or USD/EUR/FCY 100k
Monthly charges for insufficient minimum monthly average	AED 150 or FCY 75
No interest is paid if balance falls below	AED 500k or USD/EUR/FCY 100k
Fixed Deposit Accounts
Minimum balances, tenor and rates per currency	Available upon request
Premature Withdrawal of Fixed Deposit	Reduction of 2% from the applicable interest rate Liquidation within 1 month gets no payout

Service/Product	Charge
PAYMENTS
Outward Fund Transfers
	Online (AED)	Manual/Branch (AED)
Local Currency Transfer	Within UAE: AED 5 Outside UAE: AED 100 + Correspondent Charges at actual	Within UAE: AED 50 Outside UAE: AED 100 + Correspondent Charges at actual
Foreign Currency Transfer	BEN/SHA: AED 50 OUR: AED 50 + Correspondent Charges AED 100 (excl. JPY at actual)	BEN/SHA: AED 100 OUR: AED 100 + Correspondent Charges AED 100 (excl. JPY at actual)
Internal Transfer	Free	Free
Utility Payments	Free	AED 50 per transfer
Salary (WPS)	AED 50 per file AED 2 per record	AED 100 per file AED 5 per record min 100 AED 5 for Salary Card
Salary (Non-WPS)	-	AED 100 per file AED 5 per record
Stop Payment/SWIFT Transfer Cancellation	AED 150 + Correspondent Charges at actual
Outward Payment Recall / Amendment / Investigation	Amendment/Recall/Investigation: AED 100 per request
Central Bank Funding	AED 50 per file
Drafts
Issuance of Manager's Cheque/DD	AED 30 per cheque/DD
Cancellation of Manager's Cheque/DD	AED 100 per cheque/DD
Stop Payment of Manager's Cheque/DD	AED 75 + Correspondent Charges at actual (if foreign draft)
Over the Counter Services
AED Cash Deposit / Cheque Deposit	AED 10 per transaction
AED Cash Withdrawal / Cheque Encashment	AED 10 per transaction
FCY Cash Deposit / Withdrawal	1% (min. equiv. to USD 10) per transaction
Cheque Payments
Stop Cheque Payment	AED 50 per cheque

Service/Product	Charge
COLLECTIONS
Inward TT (BEN/SHA)	Waived
Cheque Collections
Outward Collection Cheques	Free within UAE
Outward Collection Cheques Payable Abroad	0.125% of cheque value Minimum AED 250
Special Clearing of Outward Cheques	AED 205 per cheque
Cheque Return	Inward Clearing: AED 250 per cheque Outward Clearing: AED 150 per cheque
PDC Services
PDC Lodgment	AED 5 per cheque
PDC Extension	AED 10 per cheque
PDC Withdrawal Prior to Maturity	AED 10 per cheque
PDC Discounting	0.125% of cheque amount, Min AED 75 (per cheque)
Management for Cheques Discounted	Return: AED 100 per cheque Extension: AED 100 per cheque Amendment/Withdrawal: AED 75 per cheque

Service/Product	Charge
CORPORATE ADVANCED SOLUTIONS
Host to Host	As per arrangement
SWIFT MT940/MT942/camt.053 Statement	AED 150 per account per month
Special Cheque Book Stationery	As per arrangement
Cheque Photocopy	Less than 6 months: AED 25 per cheque Over 6 months: AED 50 per cheque

Service/Product	Charge
CREDIT & DEBIT CARDS
Credit Cards
Gold card - joining fee	AED 350, USD 100
Gold card - annual fee	AED 450, USD 125
Classic card - joining fee	AED 175, USD 50
Classic card - annual fee	AED 250, USD 70
Card replacement fee	AED 75, USD 20
Secret PIN code replacement fee	Through BOS ATMs: Free Through Branch: AED 25, USD 10
Cash advance fee	4.5%, Min AED 20, USD 10
Over limit fee	AED 100, USD 30
Copy of sale voucher	AED 25
Interest on overdue payment	15%
Debit Cards
Card Issuance	Free
Supplementary Card Issuance	AED 25
Card Replacement	AED 25
Secret PIN Code Replacement	Through BOS ATMs: Free Through Branch: AED 25, USD 10
Mini Statement	Free
Balance Inquiry	Free
Cash Withdrawal - Bank of Sharjah ATM	Free
Cash Withdrawal – Non-Bank of Sharjah ATM in UAE	First 4 transactions per month free; thereafter AED 2 per transaction
Cash Withdrawal - International (outside UAE)	2% of transaction amount, Min AED 20, Max AED 100 per transaction
Point-of-Sale (POS) - Local	Free
Point-of-Sale (POS) - International (outside UAE)	Free
Administrative Fee Added to Foreign Exchange Rate	2%
Copy of Sale Voucher	AED 25

Terms & Conditions Apply

The above fees do not include VAT, and where applicable, the prevailing VAT will be charged in addition to the above stated amounts.

Service/Product	Charge
IMPORTS
Import Letters of Credit (LCs)
LC Issuance Commission	0.125% per month (min 3 months) Min Charge: AED 300
Standby LC Issuance Commission	Same as LC Issuance Commission
Revolving LC Issuance Commission	Same as LC Issuance Commission
Back-to-Back LC Issuance Commission	Same as LC Issuance Commission Back-to-Back LC Additional Charges AED 500
Amendment for increase in the value or extension in the expiry date	Same as LC Issuance Commission Min Charge: AED 250
Amendments to LCs (other than in value or expiry date)	AED 200 per request
Draft of Import Letter of Credit	AED 500 per request
Acceptance Commission	0.1875% per month (Min AED 250)
LC Cancellation	AED 300 per request
Discrepancy Fee	USD 150 or equivalent per set of discrepant bill
Commission on the bills presented under expired LCs	Same as LC Issuance Commission
Commission on the bills presented which exceeds LC value	Same as LC Issuance Commission
Safe keeping of documents (held unpaid or unaccepted after one month of sight or due date)	AED 200 per document per month
Note: • LC Issuance Commission charged on monthly basis, up to the expiry/validity of LC. • In case LC allows tolerance, then LC Issuance Commission will be charged on the full drawing amount allowed.
Import Bills under Collection (IBC)
Document Handling/Processing Fee	AED 100 per bill
Handling Commission	0.125% of transaction value (Min AED 200)
Avalization Commission	0.125% per month (Min AED 200)
Processing fee for amendment of instructions from remitting bank	AED 150
Commission on bills to be delivered free of payment	0.125% of transaction value (Min AED 250)
Documents if returned unpaid/unaccepted	0.125% of transaction value (Min AED 250)
Commission on transfer of bill to a third bank	0.125% of transaction value (Min AED 250)
Safe keeping of documents (held unpaid or unaccepted after one month of sight or due date)	AED 200 per document per month
Shipping Guarantees & Delivery Orders
Issuance of Shipping Guarantee/Delivery Order (without margin)	0.125% of invoice value less cash margin held (if any) Min AED 200
Issuance of Shipping Guarantee/Delivery Order (with margin)	AED 150 per transaction
Import Financing - Trust Receipt Loan
TR processing fee for bills under LC or Collection	AED 250 per bill + Financing Cost
TR processing fee for bills under Open Account basis, Short term trade loan, Short term loan	AED 250 + Financing Cost
TR Extension Fees	AED 250 per request
TR Pre/Part Settlement Fees	AED 100 per request
Transferring TR into past due	AED 100 per request + Min. 2% p.a. additional interest for the past due period
Handling Fees for Own Acceptance Discounting	As per arrangement with Min AED 500

Service/Product	Charge
EXPORTS
Export Letters of Credit (LCs)
Export LC Advising Charges (BOS Customers)	AED 200 per transaction
Export LC Advising Charges (non BOS Customers)	AED 250 per transaction
Export LC Amendment Advising Charges (BOS Customers)	AED 150 per transaction
Export LC Amendment Advising Charges (non BOS Customers)	AED 250 per transaction
Advising attachments under LC	AED 150 per transaction
Confirmation Commission	As per arrangement. Min AED 750
Transfer charges on full or part LC	0.25% of transaction value (Min AED 500)
Amendment charges for Transferred LC	AED 500 per transaction
Other amendment commission	AED 250 per transaction
Assignment of Proceeds Commission	0.125% flat (Min. AED 500)
Reimbursement Commission	AED 200 per transaction
Document Handling/Processing Fees under Export LCs	0.125% of transaction value (Min. AED 500)
Discrepancy Charges	AED 250 per transaction or equivalent
Additional Copy set of Documents under Export LC	AED 25 per set
Export Bills under Collection
Commission for handling a bill under Collection	0.125% of transaction value (Min. AED 500)
Commission for discounting a bill	0.125% of transaction value (Min. AED 500) + Financing Cost
Handling Fee for amendments / receiving revised / additional documents	AED 150 per transaction
Documents returned unpaid	AED 150 per transaction
Charges for tracers/reminders sent on unpaid bills (upon customer request)	AED 100 per transaction
Export Invoice Financing
Commission for handling/discounting the bill	0.125% of transaction value (Min. AED 250) + Financing Cost
Tenor extension fee	AED 500 per bill + Financing Cost

Service/Product	Charge
GUARANTEES
Letter of Guarantee
Issuance of LG	2% p.a. Min 3 months Minimum Charge: AED 500
Issuance of Open-ended LG	2% p.a. Min 3 months Minimum Charge: AED 500
Amendment Commission (Increase in value/Extension of expiry)	Same as LG Issuance Commission Minimum Charge: AED 200
Other Amendment Commissions	AED 250 per transaction
Commission on settlement of LG claims	AED 250 per transaction
Note: • Commission is calculated on a quarterly basis for the period between the issue date and the expiry date of the Guarantee, rounded up to the next higher quarter. • Where commissions are recovered periodically, amendment commission shall be computed from the date of increase in value until the next scheduled recovery date, for actual number of days rounded up to the nearest month (subject to minimum charges). • Where an amendment both increases the value as well as extends the expiry, it shall be treated as two separate amendments for the purpose of application of the minimum commission.
Counter-guarantees
Issuance of LG	Same as LG Issuance Commission In addition to Correspondent Issuing Charges
Amendment Commission	Same as LG Issuance Commission In addition to Correspondent Issuing Charges
Advising LGs	AED 250 per transaction
Commission on settlement of LG claims	AED 250 per transaction

Service/Product	Charge
GENERAL TRADE CHARGES
SWIFT Charges for Issuance of LC/LG	AED 300
SWIFT Charges for Amendments of LC/LG	AED 100
Courier charges: Domestic	AED 100 per request
Courier charges: International	AED 200 per request
Postage	AED 50 per request
Additional SWIFT Message	AED 100 per message
Tracers (Payment/Acceptance/Collection)	AED 100 per tracer
Commission in lieu of exchange when transactions are settled in whole or in part in the same currency as the relative documents	0.25% of transaction value (Min AED 100)
Document legalization charges	AED 50 per document
Reimbursement Charges where BOS is the reimbursing bank	USD 100 or equivalent per transaction

Service/Product	Balance / Rate / Fee
DEPOSITS
Current Accounts (Residents Only)
Minimum Balance:
AED	AED 3,000
USD	USD 3,000
GBP	GBP 3,000
EUR	EUR 3,000
CHF	CHF 3,000
Monthly charge if balance falls below minimum balance	AED 25, USD 20, GBP 10, EUR 20, CHF 20
Interest on occasional debit balances	15% + AED 20
Overdraft arrangement fee	AED 200
Insurance fee	To be notified at the time
Cheque book charge	1st free, AED 25 cheque book (AED 1 per cheque)
Late copies of passport, visa & Emirates ID (when applicable)	AED 50 per month (after 2 months of expiry)
Saving Accounts
Minimum Balance:
AED	AED 3,000
USD	USD 3,000
GBP	GBP 3,000
EUR	EUR 3,000
CHF	CHF 3,000
The interest amount will be calculated based on the minimum balance per month
Notice Deposit Accounts
Minimum Balance (Resident / Non Resident):
AED	Resident: 3,000 \| Non Resident: 50,000
USD	Resident: 3,000 \| Non Resident: 50,000
GBP	Resident: 3,000 \| Non Resident: 50,000
EUR	Resident: 3,000 \| Non Resident: 50,000
CHF	Resident: 3,000 \| Non Resident: 50,000
Monthly charge if balance falls below minimum balance	AED 25, USD 20, GBP 10, EUR 20, CHF 20
No interest is paid if balance falls below	AED 500,000, USD 100,000, GBP 100,000, EUR 100,000, CHF 100,000
Semi-annual handling charge	AED 100, USD 25, GBP 15, EUR 25, CHF 25
Fixed Deposit
Minimum balances, tenor, and rates per currency	Available upon request
Penalty for withdrawal prior to maturity	Interest is paid as follows: Interest rate applicable for the effective deposit period at the time of placing the deposit less 2% (with effect 5 August 2024)

Service/Product	Balance / Rate / Fee
LOANS & ADVANCES
Overdrafts
Interest rate	10 - 15%
Cancellation fee	AED 100
Arrangement fee for overdraft	1%, Min AED 100
Renewal fee	AED 200
Unarranged overdraft	AED 100 per occasion
Personal Loans
Interest rate on salary loans	10 - 15%
Cancellation fee	AED 100
Processing fee - new loans	1%, Min AED 500, Max 2,500
Processing fee - top up loans	1%, Min AED 500, Max 2,500 (applied to top up amount only)
Partial or early settlement	1% of the partial payment (only allowed 3 months after disbursement)
Installment deferral	AED 100
Loan rescheduling	AED 250
Car Loans
Interest rate	10 - 15%
Cancellation fee	AED 100
Processing fee	1%, Min AED 500, Max 2,500
Partial or early settlement	1% of the partial payment (only allowed 3 months after disbursement)
Installment deferral	AED 100
Loan rescheduling	AED 250
General Terms for All Loans
Interest rate on arrears	2% Penalty
Late payment fee	AED 200
Loan default/ postponement fee	AED 250
No objection certification	Free
Balance certificate	AED 50
CREDIT & DEBIT CARDS
Credit Cards
Gold card - joining fee	AED 350, USD 100
Gold card - annual fee	AED 450, USD 125
Classic card - joining fee	AED 175, USD 50
Classic card - annual fee	AED 250, USD 70
Card replacement	AED 75, USD 20
Secret PIN code replacement	Through BOS ATMs: Free Through Branch: AED 25, USD 10
Cash advance fee	4.5%, Min AED 20, USD 10
Over limit fee	AED 100, USD 30
Copy of sale voucher	AED 25
Interest on overdue payment	15%
Debit Cards
Card issuance	Free
Supplementary card issuance	AED 25
Card replacement	AED 25
Secret PIN code replacement	Through BOS ATMs: Free Through Branch: AED 25
Mini statement	Free
Balance inquiry	Free
Cash withdrawal - Bank of Sharjah ATM	Free
Cash withdrawal – non-Bank of Sharjah ATM in UAE	4 transactions free of charge per month; additional transactions charged AED 2 per transaction
Cash withdrawal - international (outside UAE)	2% of the cash amount (Min AED 20, Max AED 100 per transaction)
Point-of-Sale (POS) - local	Free
Point-of-Sale (POS) - international (outside UAE)	Free
Processing fee for foreign currency transaction added to the foreign exchange rate	2%
Copy of sale voucher	AED 25

Service/Product	Balance / Rate / Fee
ACCOUNT RELATED SERVICES
Cash (Currency Notes Deposit in Same Currency Account)
USD	0.5% to 1% Min USD 10
All foreign currency other than USD	1%, Min FCU 10 (Foreign Currency Unit)
Cheques Sent for Collection
Clearing cheque	Free (within UAE)
Cheque for collection	Free (within UAE)
Corresponding bank collection charges	Correspondent bank charges
Cheque collection charge (all foreign currency in UAE)	AED 50 + Correspondent bank charges
Cheque drawn on other countries	AED 50 + Courier + Correspondent bank charges
Cheque sent directly to the drawee bank for collection	AED 100 + Courier + Correspondent bank charges
Outward clearing cheque return charge	Free
Cheque drawn on us with no sufficient funds	AED 100 + Central Bank Charges (as applicable)
Stop payment - cheques drawn on the bank	AED 50
Incoming Clean Collection
Cheque sent by overseas bank	AED 150, USD 40
Inward cheque collection charge foreign currency (local)	AED 125
Demand Drafts & Manager Cheques
Demand drafts / manager cheques	AED 30
Stop payment of demand draft / manager cheque	AED 75
Stop payment of foreign demand draft (subject to applicable laws and banking practices)	AED 75 + Correspondent bank charges
Standing Orders
Set-up	AED 50
Non-availability of funds on due date (S/O failure)	AED 25
Amendment of existing standing order	AED 50
Special Clearing
Special clearing charge	AED 205
Others
Certification of sight cheque	1%, Min AED 100, Max AED 1,000
Credit Information	AED 250
Balance certificate	AED 50
No liability certificate	AED 50
Release letter	AED 50
Account closing	AED 100 (if within 6 months of opening)
SWIFT statement	AED 100 (per month)
Dublicate statement	AED 25
Hold mail	AED 250
Fax statement - only three months back	AED 5 per sheet

Service/Product	Balance / Rate / Fee
TRANSFERS
Wire Transfers – Incoming
Transfer from outside UAE – credited to AED A/C	AED 25
Transfer from within/outside UAE – credited to foreign currency A/C	USD 10, EUR 10, GBP 5, CHF 12
Cancellation of transfer	AED 50 + SWIFT charges
Wire Transfers - Outgoing
Transfer within UAE	Through Branch: AED 5 Through eBOS: AED 0.50
Transfer to any single country and currency	AED 100
Transfer to a country different than its currency	AED 150
Cancellation of transfer	AED 150 + Correspondent bank charges
Amendment of transfer	AED 100
Transfer to Central Bank	AED 50
Internal Transfers (Bank of Sharjah Customers)
Transfer from one account to another account within the bank	Through Branch: AED 5 Through eBOS: Free

Service/Product	Balance / Rate / Fee
OTHER SERVICES
Safe Deposit Boxes
Annual rental - x-small / small	AED 1,000
Annual rental - medium	AED 1,500
Annual rental - large	AED 2,000
Annual rental - extra large	AED 3,000
Key deposit	AED 3,000 (refundable)
Replacement of lost key	AED 3,000

Service/Product	Charge
IMPORTS
Import Letters of Credit (LCs)
LC Issuance Commission	0.125% per month (min 3 months) Min Charge: AED 300
Standby LC Issuance Commission	Same as LC Issuance Commission
Revolving LC Issuance Commission	Same as LC Issuance Commission
Back-to-Back LC Issuance Commission	Same as LC Issuance Commission Back-to-Back LC Additional Charges AED 500
Amendment for increase in the value or extension in the expiry date	Same as LC Issuance Commission Min Charge: AED 250
Amendments to LCs (other than in value or expiry date)	AED 200 per request
Draft of Import Letter of Credit	AED 500 per request
Acceptance Commission	0.1875% per month (Min AED 250)
LC Cancellation	AED 300 per request
Discrepancy Fee	USD 150 or equivalent per set of discrepant bill
Commission on the bills presented under expired LCs	Same as LC Issuance Commission
Commission on the bills presented which exceeds LC value	Same as LC Issuance Commission
Safe keeping of documents (held unpaid or unaccepted after one month of sight or due date)	AED 200 per document per month
Import Bills under Collection (IBC)
Document Handling/Processing Fee	AED 100 per bill
Handling Commission	0.125% of transaction value (Min AED 200)
Avalization Commission	0.125% per month (Min AED 200)
Processing fee for amendment of instructions from remitting bank	AED 150
Commission on bills to be delivered free of payment	0.125% of transaction value (Min AED 250)
Documents if returned unpaid/unaccepted	0.125% of transaction value (Min AED 250)
Commission on transfer of bill to a third bank	0.125% of transaction value (Min AED 250)
Safe keeping of documents (held unpaid or unaccepted after one month of sight or due date)	AED 200 per document per month
Shipping Guarantees & Delivery Orders
Issuance of Shipping Guarantee/Delivery Order (without margin)	0.125% of invoice value less cash margin held (if any) Min AED 200
Issuance of Shipping Guarantee/Delivery Order (with margin)	AED 150 per transaction
Import Financing - Trust Receipt Loan
TR processing fee for bills under LC or Collection	AED 250 per bill + Financing Cost
TR processing fee for bills under Open Account basis, Short term trade loan, Short term loan	AED 250 + Financing Cost
TR Extension Fees	AED 250 per request
TR Pre/Part Settlement Fees	AED 100 per request
Transferring TR into past due	AED 100 per request + Min. 2% p.a. additional interest for the past due period
Handling Fees for Own Acceptance Discounting	As per arrangement with Min AED 500
Service/Product	Charge
EXPORTS
Export Letters of Credit (LCs)
Export LC Advising Charges (BOS Customers)	AED 200 per transaction
Export LC Advising Charges (non BOS Customers)	AED 250 per transaction
Export LC Amendment Advising Charges (BOS Customers)	AED 150 per transaction
Export LC Amendment Advising Charges (non BOS Customers)	AED 250 per transaction
Advising attachments under LC	AED 150 per transaction
Confirmation Commission	As per arrangement. Min AED 750
Transfer charges on full or part LC	0.25% of transaction value (Min AED 500)
Amendment charges for Transferred LC	AED 500 per transaction
Other amendment commission	AED 250 per transaction
Assignment of Proceeds Commission	0.125% flat (Min. AED 500)
Reimbursement Commission	AED 200 per transaction
Document Handling/Processing Fees under Export LCs	0.125% of transaction value (Min. AED 500)
Discrepancy Charges	AED 250 per transaction or equivalent
Additional Copy set of Documents under Export LC	AED 25 per set
Export Bills under Collection
Commission for handling a bill under Collection	0.125% of transaction value (Min. AED 500)
Commission for discounting a bill	0.125% of transaction value (Min. AED 500) + Financing Cost
Handling Fee for amendments / receiving revised / additional documents	AED 150 per transaction
Documents returned unpaid	AED 150 per transaction
Charges for tracers/reminders sent on unpaid bills (upon customer request)	AED 100 per transaction
Export Invoice Financing
Commission for handling/discounting the bill	0.125% of transaction value (Min. AED 250) + Financing Cost
Tenor extension fee	AED 500 per bill + Financing Cost
GUARANTEES
Letter of Guarantee
Issuance of LG	2% p.a. Min 3 months Minimum Charge: AED 500
Issuance of Open-ended LG	2% p.a. Min 3 months Minimum Charge: AED 500
Amendment Commission (Increase in value/Extension of expiry)	Same as LG Issuance Commission Minimum Charge: AED 200
Other Amendment Commissions	AED 250 per transaction
Commission on settlement of LG claims	AED 250 per transaction
Counter-guarantees
Issuance of LG	Same as LG Issuance Commission In addition to Correspondent Issuing Charges
Amendment Commission	Same as LG Issuance Commission In addition to Correspondent Issuing Charges
Advising LGs	AED 250 per transaction
Commission on settlement of LG claims	AED 250 per transaction

Service/Product	Charge
GENERAL TRADE CHARGES
SWIFT Charges for Issuance of LC/LG	AED 300
SWIFT Charges for Amendments of LC/LG	AED 100
Courier charges: Domestic	AED 100 per request
Courier charges: International	AED 200 per request
Postage	AED 50 per request
Additional SWIFT Message	AED 100 per message
Tracers (Payment/Acceptance/Collection)	AED 100 per tracer
Commission in lieu of exchange when transactions are settled in whole or in part in the same currency as the relative documents	0.25% of transaction value (Min AED 100)
Document legalization charges	AED 50 per document
Reimbursement Charges where BOS is the reimbursing bank	USD 100 or equivalent per transaction

Service/Product	Balance / Rate / Fee
DEPOSITS
Current Accounts (Residents Only)
Minimum Balance:
AED	AED 3,000
USD	USD 3,000
GBP	GBP 3,000
EUR	EUR 3,000
CHF	CHF 3,000
Monthly charge if balance falls below minimum balance	AED 25, USD 20, GBP 10, EUR 20, CHF 20
Interest on occasional debit balances	15% + AED 20
Overdraft arrangement fee	AED 200
Insurance fee	To be notified at the time
Cheque book charge	1st free, AED 25 cheque book (AED 1 per cheque)
Late copies of passport, visa & Emirates ID (when applicable)	AED 50 per month (after 2 months of expiry)
Saving Accounts
Minimum Balance:
AED	AED 3,000
USD	USD 3,000
GBP	GBP 3,000
EUR	EUR 3,000
CHF	CHF 3,000
The interest amount will be calculated based on the minimum balance per month
Notice Deposit Accounts
Minimum Balance (Resident / Non Resident):
AED	Resident: 3,000 \| Non Resident: 50,000
USD	Resident: 3,000 \| Non Resident: 50,000
GBP	Resident: 3,000 \| Non Resident: 50,000
EUR	Resident: 3,000 \| Non Resident: 50,000
CHF	Resident: 3,000 \| Non Resident: 50,000
Monthly charge if balance falls below minimum balance	AED 25, USD 20, GBP 10, EUR 20, CHF 20
No interest is paid if balance falls below	AED 500,000, USD 100,000, GBP 100,000, EUR 100,000, CHF 100,000
Semi-annual handling charge	AED 100, USD 25, GBP 15, EUR 25, CHF 25
Fixed Deposit
Minimum balances, tenor, and rates per currency	Available upon request
Penalty for withdrawal prior to maturity	Interest is paid as follows: Interest rate applicable for the effective deposit period at the time of placing the deposit less 2% (with effect 5 August 2024)

Service/Product	Balance / Rate / Fee
LOANS & ADVANCES
Overdrafts
Interest rate	10 - 15%
Cancellation fee	AED 100
Arrangement fee for overdraft	1%, Min AED 100
Renewal fee	AED 200
Unarranged overdraft	AED 100 per occasion
Personal Loans
Interest rate on salary loans	10 - 15%
Cancellation fee	AED 100
Processing fee - new loans	1%, Min AED 500, Max 2,500
Processing fee - top up loans	1%, Min AED 500, Max 2,500 (applied to top up amount only)
Partial or early settlement	1% of the partial payment (only allowed 3 months after disbursement)
Installment deferral	AED 100
Loan rescheduling	AED 250
Car Loans
Interest rate	10 - 15%
Cancellation fee	AED 100
Processing fee	1%, Min AED 500, Max 2,500
Partial or early settlement	1% of the partial payment (only allowed 3 months after disbursement)
Installment deferral	AED 100
Loan rescheduling	AED 250
General Terms for All Loans
Interest rate on arrears	2% Penalty
Late payment fee	AED 200
Loan default/ postponement fee	AED 250
No objection certification	Free
Balance certificate	AED 50

Service/Product	Balance / Rate / Fee
CREDIT & DEBIT CARDS
Credit Cards
Gold card - joining fee	AED 350, USD 100
Gold card - annual fee	AED 450, USD 125
Classic card - joining fee	AED 175, USD 50
Classic card - annual fee	AED 250, USD 70
Card replacement	AED 75, USD 20
Secret PIN code replacement	Through BOS ATMs: Free Through Branch: AED 25, USD 10
Cash advance fee	4.5%, Min AED 20, USD 10
Over limit fee	AED 100, USD 30
Copy of sale voucher	AED 25
Interest on overdue payment	15%
Debit Cards
Card issuance	Free
Supplementary card issuance	AED 25
Card replacement	AED 25
Secret PIN code replacement	Through BOS ATMs: Free Through Branch: AED 25
Mini statement	Free
Balance inquiry	Free
Cash withdrawal - Bank of Sharjah ATM	Free
Cash withdrawal – non-Bank of Sharjah ATM in UAE	4 transactions free of charge per month; additional transactions charged AED 2 per transaction
Cash withdrawal - international (outside UAE)	2% of the cash amount (Min AED 20, Max AED 100 per transaction)
Point-of-Sale (POS) - local	Free
Point-of-Sale (POS) - international (outside UAE)	Free
Processing fee for foreign currency transaction added to the foreign exchange rate	2%
Copy of sale voucher	AED 25

Service/Product	Balance / Rate / Fee
ACCOUNT RELATED SERVICES
Cash (Currency Notes Deposit in Same Currency Account)
USD	0.5% to 1% Min USD 10
All foreign currency other than USD	1%, Min FCU 10 (Foreign Currency Unit)
Cheques Sent for Collection
Clearing cheque	Free (within UAE)
Cheque for collection	Free (within UAE)
Corresponding bank collection charges	Correspondent bank charges
Cheque collection charge (all foreign currency in UAE)	AED 50 + Correspondent bank charges
Cheque drawn on other countries	AED 50 + Courier + Correspondent bank charges
Cheque sent directly to the drawee bank for collection	AED 100 + Courier + Correspondent bank charges
Outward clearing cheque return charge	Free
Cheque drawn on us with no sufficient funds	AED 100 + Central Bank Charges (as applicable)
Stop payment - cheques drawn on the bank	AED 50
Incoming Clean Collection
Cheque sent by overseas bank	AED 150, USD 40
Inward cheque collection charge foreign currency (local)	AED 125
Demand Drafts & Manager Cheques
Demand drafts / manager cheques	AED 30
Stop payment of demand draft / manager cheque	AED 75
Stop payment of foreign demand draft (subject to applicable laws and banking practices)	AED 75 + Correspondent bank charges
Standing Orders
Set-up	AED 50
Non-availability of funds on due date (S/O failure)	AED 25
Amendment of existing standing order	AED 50
Special Clearing
Special clearing charge	AED 205
Others
Certification of sight cheque	1%, Min AED 100, Max AED 1,000
Credit Information	AED 250
Balance certificate	AED 50
No liability certificate	AED 50
Release letter	AED 50
Account closing	AED 100 (if within 6 months of opening)
SWIFT statement	AED 100 (per month)
Dublicate statement	AED 25
Hold mail	AED 250
Fax statement - only three months back	AED 5 per sheet

Service/Product	Balance / Rate / Fee
TRANSFERS
Wire Transfers – Incoming
Transfer from outside UAE – credited to AED A/C	AED 25
Transfer from within/outside UAE – credited to foreign currency A/C	USD 10, EUR 10, GBP 5, CHF 12
Cancellation of transfer	AED 50 + SWIFT charges
Wire Transfers - Outgoing
Transfer within UAE	Through Branch: AED 5 Through eBOS: AED 0.50
Transfer to any single country and currency	AED 100
Transfer to a country different than its currency	AED 150
Cancellation of transfer	AED 150 + Correspondent bank charges
Amendment of transfer	AED 100
Transfer to Central Bank	AED 50
Internal Transfers (Bank of Sharjah Customers)
Transfer from one account to another account within the bank	Through Branch: AED 5 Through eBOS: Free

Service/Product	Balance / Rate / Fee
OTHER SERVICES
Safe Deposit Boxes
Annual rental - x-small / small	AED 1,000
Annual rental - medium	AED 1,500
Annual rental - large	AED 2,000
Annual rental - extra large	AED 3,000
Key deposit	AED 3,000 (refundable)
Replacement of lost key	AED 3,000

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Service/Product	Charge
ESCROW SERVICES
Admin fees	As per arrangement
Engineer Visit	As per arrangement
Transfer of escrow account to another escrow bank	As per arrangement

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Corporate Cash Management Tariffs

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Published on September 2026

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