Business Banking | Expo 2020 | Fees and Charges

Current Account

Parameters	Expo2020 **
*Minimum Monthly Average Relationship Balance (a)	>= AED 10,000
Any Finance Facilities (b)	Any Active Finance
EIFB Brokerage/Stock Trading Accounts (c)	Any Active EIFB Brokerage/Stock Trading Accounts
Monthly Fee (FALL BELOW FEE) (only if conditions 'a' or 'b' or 'c' are not met)	Free for first 12 months. AED 315 thereafter
Relationship Fee	Nil
Euro Account Maintenance Fee (w.e.f 1 July 2018)	EUR 52.50 per month
Teller Fees (Cash Deposit & Withdrawal / Fund Transfer (Cheque / Intergroup)	Free up to 5 transactions per month thereafter AED 10.50 per transaction
Bulk cash deposit & withdrawal at teller counter	0.25% of the total cash deposited / withdrawn, for amounts of 1 Million and above on a daily basis
Customer Package Changes / Charges	NA
Account Closure (within 6 months)	AED 210
Emirates Islamic reserves the right to downgrade the package, if the Minimum Average Balance requirement is not met for three consecutive months. *Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Wakala Deposits

Wakeel/Wakala Fee

AED 105

per request

Cheque Related Charges

Parameters	Expo2020**
Cheque Book Charges*	AED 26.25 per cheque book of 50 leaves
Cheque Book - Processing Fee (Manual Request)	AED 52.50 per request
Cheque / DDA (Direct Debit Authority) returned charges	AED 315
Cheque Book Delivery (Branch)	AED 31.50
Cheque Return - Inward (return reason "Represent after 3 working days")*	AED 315
Inward clearing fees	Free
Cheque collection charges	0.125% of the cheque amount, subject to a min. AED 52.50 & a max. AED525 -, plus AED 84 as courier charge
* As per the mandate from the Central Bank of UAE, cheque books issued during the first 6 months of opening the account could be limited to 10 leaves depending on the entity’s rating with the credit bureau (AECB). **Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Telegraphic Transfer (Manual Request)*

Parameters	Expo2020**
Local TT	AED 31.50
International TT	AED 52.50
*Correspondent / Central Bank charges will be applicable on actual basis.
**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Telegraphic Transfer (businessONLINE)*

Parameters	Expo2020**
Local TT	AED 10.50
International TT	AED 15.75
*Correspondent / Central Bank charges will be applicable on actual basis.
**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Certificate

Parameters	Expo2020**
Certificate of Balance/Balance Confirmation (Manual)	AED 157.50 per certificate
Certificate of Balance/Balance Confirmation (Online)	AED 78.75 per certificate
**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Salary WPS Charges

Parameters	Expo2020**
Manual Processing Charges (via Branches)*	AED 787.50 per file + AED 3.15 per account (per account charge is Free for EI/ENBD Accounts)
businessONLINE (via electronic platform)	AED 57.75 per File / Batch + AED 3.15 per account (per account charge is Free for EI/ENBD Accounts)
* Manual WPS processing allowed only for approved customers.
**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Salary (Non WPS)

Parameters	Expo2020**
Manual Processing Charges (via Branches)*	AED 210 per File / Batch + AED 3.15 per account (per account charge is Free for EI/ENBD Accounts)
businessONLINE (via electronic platform)	AED 105 per File / Batch + AED 3.15 per account (per account charge is Free for EI/ENBD Accounts)
* Manual WPS processing allowed only for approved customers.
**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

GPSSA (Pension Payment)

Parameters	Expo2020**
Manual Processing Charges (via Branches)	AED 210 per file + AED 2.10 per beneficiary
businessONLINE (via electronic platform)	AED 52.50 per file + AED 2.10 per beneficiary
**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Noqodi Payment (businessONLINE)

Parameters	Expo2020**
Noqodi Top-up / Voucher	AED 10.50
**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Statement Charges

Parameters	Expo2020**
Copy of statement – Branch (Adhoc)	AED 5.25 per page. Minimum AED 52.50
Copy of Physical Statement - Delivery through courier (per request) (New)	AED 262.5 per request
e-statement (monthly)	Free
Liability Letter	AED 210
No Liability Letter	AED 210
Download Statement - Online with Digital stamp (New)	Free
**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Standing Instructions

Parameters	Expo2020**
Set up charges	AED 78.75
Periodic Payments (per transaction)	Free
Amendment charges	AED 31.50
Failed Standing Instruction	AED 47.25
Balance order	AED 189 p.a.
**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Inward Remittances

Parameters	Expo2020**
If deposited in beneficiarys’ account	Free
If in AED & JOD Currencies from participating banks in BUNA	USD 3.5 per Transaction (applicable only to BEN/SHA)
**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Demand Draft and MC/PO:Others

Parameters	Expo2020**
Issuance of DD/MC/PO	AED 26.25
Cancellation of DD/MC/PO	Free
Additional telex (e.g. tracer) sent at request of customer - UAE	AED 73.50
Additional telex (e.g. tracer) sent at request of customer - Others	AED 73.50
Cancellation of remittance instruction/recalling of funds remitted	AED 84
Swift message copy	AED 21
Special Clearing - Outward	AED 262.50
Special Clearing - Inward (Proceeds by Manager’s Cheque)	Free
Special Clearing - Inward (Proceeds through UAE Central Bank)	Free
Request for copy of old cheuqes up to 6 months old	AED 21 per copy
Request for copy of old cheuqes more than 6 months old	AED 42 per copy
**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Stop Payment Charge (per instruction)

Parameters	Expo2020**
For Cheque/Demand Draft/Manager’s Cheque (up to 3 leaves/unit)	AED 31.50
For Cheque/Demand Draft/Manager’s Cheque (Greater than 3 leaves/units)	AED 42
**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Foreign Currency (Collected in same FCY)

Parameters	Expo2020**
Foreign Currency cash deposit	1% (Minimum AED 105)
Foreign Currency cash withdrawal	1% (Minimum AED 105)
**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Trade Licence Expiry

Parameters	Expo2020**
Trade License Updation - Processing Fee (Manual Request)	AED 105 per request
Trade License Renewal (grace period of 2 months allowed from date of expiration)	AED 367.50 Monthly
**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Other Charges

Parameters	Expo2020**
Audit confirmation (Manual)	AED 157.50
Audit confirmation (Online)	AED 78.75
TCI report	AED 157.50
IBAN/Reference Letter/Other reports/Other Letters* (Manual)	AED 157.50
IBAN/Reference Letter/Other reports/Other Letters* (Online)	AED 78.75
This includes IBAN Letter, Reference letters, account closure letter or any other letter issued on customer request. *Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Credit/Confidential Reports

Parameters	Expo2020**
Issued to organizations within UAE	AED 210
Issued to organizations outside UAE	AED 210
**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Post Dated Cheques

Parameters	Expo2020**
Extension of due date	AED 31.50
Substitution of cheque with cash	AED 31.50
Postdated cheques deposited for collection	AED 31.50
Letters of Encashment	0.125%
Cheque Certification	N/A
**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Outward Clean Collections

Parameters	Expo2020**
Standard collections:	Free
Commission	Free
OCC Return Charges	Cheque return charges: AED 52.50
Cash letter items Commission	1/10% (minimum AED 21, maximum AED 525 or equivalent) AED 10.50 for post
**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Inward Clean Collection

Parameters	Expo2020**
Commission	1/8% (minimum AED 42, maximum AED 525 or equivalent)
Proceeds by DD/MC	AED 10.50
Proceeds by TT	AED 63 per message
**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Other Services

Parameters	Expo2020**
Hold mail	Free
**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Postage (to be recovered in all cases where mailing is required as part of a transaction):

Parameters	Expo2020**
UAE	AED 15.75 minimum
Other	AED 31.50 minimum
**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Faxes

Parameters	Expo2020**
UAE	AED 26.25
Others	AED 52.50
**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Courier

Parameters	Expo2020**
UAE	AED 42 minimum
Others	AED 131.25 minimum
**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Telex/Cable/SWIFT messages (Based on the length of the message)

Parameters	Expo2020**
UAE	AED 47.25 minimum
Others	AED 63 minimum
Investigations	Within 1 year AED 52.50 After 1 year minimum AED 105
Request for non-standard statement frequency	AED 42 p.m.
Send MT940s on customer request (Monthly per account)	AED 157.50 per month
**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Certificates

Parameters	Expo2020**
Capital Guarantee Certificate	AED 525
Attestation of Signature	AED 52.50
**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Certificate for Issuance of Trade Licence Favouring

Parameters	Expo2020**
Department of Economic Development	AED 525
Free Zones and others	AED 525
T.C. Purchase	AED 21
Issue of IPO/Rights issues by order	AED 105
**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Channel Fees : businessONLINE

Parameters	Expo2020**
Subscription Fees	Free
Token charges	AED 262.50/- per token
Password Reset	Free
Swift message copy download	Free
Subsidiary/Associate company account addition	AED 52.50/- per request
**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Corporate Cash and Cheque Collection

Parameters	Expo2020**
Per Visit Charges	As per Contract
Corporate Cash Collection - Processing Fee	As per Contract
**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

SMS and Online Fees

Parameters	Expo2020**
Subscription Fees	Free
Monthly SMS Charges	Free
**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.

Emirates Islamic Debit Card Charges

Parameters	Expo2020**
Debit Card Replacement Fee	AED 26.25
Foreign currency transaction in non-UAE dirhams¹	2.50% (2.34% - Effective 1 March 2025)
Foreign currency transaction in UAE dirhams²	1.99%
Copy of Sales Voucher	No Fee
Usage fee in UAE at Emirates Islamic / Emirates NBD ATMs
Cash Withdrawal/Deposit	No Fee
Balance Inquiry	No Fee
Mini statement	No Fee
Utility payment	No Fee
Usage fee on Non Emirates Islamic / Emirates NBD (UAE Switch) ATMs
Cash Withdrawal	AED 2.1
Balance Inquiry	AED 1.05
Declined transaction	AED 0
In Arab Gulf Cooperation Countries at GCC NET ATMs
Cash Withdrawal	AED 6.30
Balance Inquiry	AED 3.15
International ATMs (outside UAE)
Cash Withdrawal	AED 21
Balance Inquiry	No Fee (if available)

¹This fee is charged on all foreign currency transactions on the Debit Card. This fee is charged in addition to the standard processing fee charged by Mastercard or Visa and is applicable to transactions performed outside UAE (approximately 1.15%).

²This fee is charged for transactions where customers may sometimes be offered the option to settle foreign currency transaction in UAE dirhams at the point of sale overseas. Such option is a direct arrangement offered by the overseas merchants and not the Bank (card issuer). This fee is charged in addition to the standard processing fee (approximately 1.15%) charged by MasterCard or Visa and mark-up fee charged by acquirer, if any .

Charges are in UAE Dirhams and subject to Bank's policies. All fees and changes in this guide are subject to change without notice. Bank reserves the right to offer services and charges mentioned above at its sole discretion. Bank reserves the right to levy additional charges for additional services that might be offered in addition to the above mentioned services at its discretion.

**Note: Effective 1 April 2022, the Expo2020 Business Account Package will not be offered. The schedule of charges are applicable for only existing customers of the Expo2020 package.