Current Account Fees & Charges

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Fees & Charges
Account Opening Fees Without fees
Minimum Balance AED 3,000
Breach of Min Balance (monthly) AED 25
Relationship Fee Without fees
Non receipt of salary Without fees
Utility Bill Payment (Internet & ATM Free) AED 10 for counter Payment
Account Closure fee ( if closed within 1 year of opening) AED100
Standing Instruction set up. AED 50
Penalty fee for insufficient funds for standing orders AED 25
Account balance letter AED 50
No liability certificate AED 100
Release Letter AED 50
Liability letter issued to government departments/embassies / financial institutions AED 100
Dormant account charge Without fees
Statement of Account (per cycle) (Free within the agreed cycle) Outside the cycle AED 25
Teller Services (6 free per month) Additional at AED10 per transaction
Bulk cash deposit & withdrawal at teller counter Without fees

* Note: Above charges are maximum limits for Fees and Commissions Charged on Retail Customer Service as per central bank guideline. Banks at its own discretion may or may not charge some of these fees. However under any circumstances banks cannot charge more than the above-mentioned threshold.