All charges below are inclusive of VAT (**). Click here for more details.
Current Account
| Parameters |
Classic
(Not Available for New Customers) |
| *Minimum Monthly Average Relationship Balance (a) |
>= 10,000 to 35,000 |
| 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) |
AED 262.50 per month |
| Relationship Fee |
AED 210 per month |
| Euro Account Maintenance Fee (w.e.f 1 July 2018) |
EUR 52.50 |
| Teller Fees
(Cash Deposit & Withdrawal / Fund Transfer (Cheque / Intergroup) |
AED 78.75 Per transaction |
| Bulk cash deposit & withdrawal at teller counter |
0.5% of the total cash deposited / withdrawn, for amounts of 1 Million and above on a daily basis |
| Customer Package Changes / Charges |
NA |
*Emirates Islamic reserves the right to downgrade the package, if the Minimum Average Balance requirement is not met for three consecutive months.
|
Cheque Related Charges
| Parameters |
Classic |
Cheque Book Charges
(Online & Manual) |
AED 52.50 per cheque book of 50 leaves* |
Cheque Book - Processing Fee
(Additional Charges for Manual Request) |
AED 52.50 per request |
| Cheque / DDA (Direct Debit Authority) returned charges |
AED 315 |
| Cheque Book Delivery (Branch) |
AED 52.50 |
| 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. AED 525 -, 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). |
Telegraphic Transfer (Manual Request)*
| Parameters |
Classic |
| Local TT |
AED 105 |
| International TT |
AED 126 |
Telegraphic Transfer (businessONLINE)*
| Parameters |
Classic |
| Local TT |
AED 31.50 |
| International TT |
AED 47.25 |
* Correspondent / Central Bank charges will be applicable on actual basis.
Certificate
| Parameters |
Classic |
| Certificate of Balance |
AED 157.50 per certificate |
Salary WPS Charges
| Parameters |
Classic |
Manual Processing Charges (via Branches)*
* Manual WPS processing allowed only for
approved customers. |
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) |
Salary (Non WPS)
| Parameters |
Classic |
Manual Processing Charges (via Branches)*
* Manual WPS processing allowed only for approved customers. |
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) |
GPSSA (Pension Payment)
| Parameters |
Classic |
| 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. |
Noqodi Payment (businessONLINE)
| Parameters |
Classic |
| Noqodi Top-up / Voucher |
AED 10.50 |
Statement Charges
| Parameters |
Classic |
| Request for copy of statement (non periodic) |
AED 5.25 per page. Minimum AED 105 |
| Physical Statement (Weekly / Monthly / Quarterly / Half Yearly / Yearly) |
AED 157.50 |
| e-statement (monthly) |
Free |
| Liability Letter |
AED 262.50 |
| No Liability Letter |
AED 262.50 |
Standing Instructions
| Parameters |
Classic |
| Set up charges |
AED 105 |
| Periodic Payments (per transaction) |
Free |
| Amendment charges |
AED 57.75 |
| Failed Standing Instruction |
AED 57.75 |
| Balance order |
AED 525 p.a. |
Inward Remittances
| Parameters |
Classic |
| If deposited in beneficiarys’ account |
Free |
Demand Draft and MC/PO:Others
| Parameters |
Classic |
| Issuance of DD/MC/PO |
AED 52.50 |
| Cancellation of DD/MC/PO |
AED 52.50 |
| Additional telex (e.g. tracer) sent at request of customer - UAE |
AED 105 |
| Additional telex (e.g. tracer) sent at request of customer - Others |
AED 105 |
| Cancellation of remittance instruction/recalling of funds remitted |
AED 105 |
| Swift message copy |
AED 42 |
| Special Clearing - Outward |
AED 262.50 |
| Special Clearing - Inward (Proceeds by Manager’s Cheque) |
AED 157.50 |
| Special Clearing - Inward (Proceeds through UAE Central Bank) |
AED 157.50 |
| Request for copy of old cheuqes up to 6 months old |
AED 31.50 per copy |
| Request for copy of old cheuqes more than 6 months old |
AED 52.50 per copy |
Stop Payment Charge (per instruction)
| Parameters |
Classic |
| For Cheque/Demand Draft/Manager’s Cheque (up to 3 leaves/unit) |
AED 52.50 |
| For Cheque/Demand Draft/Manager’s Cheque (Greater than 3 leaves/units) |
AED 63 |
| Account Closure (within 6 months) |
AED 210 |
| Dormant Account Charges |
AED 315 per year |
Foreign Currency (Collected in same FCY)
| Parameters |
Classic |
| Foreign Currency cash deposit |
1% (Minimum AED 105) |
| Foreign Currency cash withdrawal |
1% (Minimum AED 105) |
Trade Licence Expiry
| Parameters |
Classic |
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 |
Other Charges
| Parameters |
Classic |
| Audit confirmation |
AED 262.50 |
| TCI report |
AED 262.50 |
| Other reports |
AED 262.50 |
Credit/Confidential Reports
| Parameters |
Classic |
| Issued to organizations within UAE |
AED 262.50 |
| Issued to organizations outside UAE |
AED 262.50 |
Post Dated Cheques
| Parameters |
Classic |
| Extension of due date |
AED 42 |
| Substitution of cheque with cash |
AED 42 |
| Postdated cheques deposited for collection |
AED 42 |
| Letters of Encashment |
0.125% |
| Cheque Certification |
N/A |
Outward Clean Collections
| Parameters |
Classic |
| Standard collections: |
Free |
| Commission |
Free |
| OCC Return Charges |
Cheque return charges:
AED 105 |
| Cash letter items Commission |
1/10% (minimum AED 21,
maximum AED 525
or equivalent)
AED 10.50 for post |
Inward Clean Collection
| Parameters |
Classic |
| 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 |
Other Services
| Parameters |
Classic |
| Hold mail |
Free |
| Holding undelivered mail |
AED 105 p.a. |
Postage (to be recovered in all cases where mailing is required as part of a transaction):
| Parameters |
Classic |
| UAE |
AED 15.75 minimum |
| Other |
AED 31.50 minimum |
Faxes
| Parameters |
Classic |
| UAE |
AED 26.25 |
| Others |
AED 52.50 |
Courier
| Parameters |
Classic |
| UAE |
AED 63 |
| Others |
AED 157.50 minimum |
Telex/Cable/SWIFT messages (Based on the length of the message)
| Parameters |
Classic |
| UAE |
AED 63 minimum |
| Others |
AED 73.50 minimum |
| Investigations |
Within 1 year AED 84
After 1 year minimum
AED 126 |
Request for non-standard
statement frequency |
AED 52.50 p.m. |
Send MT940s on customer request
(Monthly per account) |
AED 157.50 per month |
Certificates
| Parameters |
Classic |
| Capital Guarantee Certificate |
AED 525 |
| Attestation of Signature |
AED 157.50 |
Certificate for Issuance of Trade Licence Favouring
| Parameters |
Classic |
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 |
Channel Fees : businessONLINE
| Parameters |
Classic |
| Subscription Fees |
Free |
| Token charges |
AED 262.50/- per token |
| Password Reset |
AED 52.50/- per request |
| Swift message copy download |
AED15.75 |
Subsidiary / Associate company
account addition |
AED 105/- per request |
Corporate Cash and Cheque Collection
| Parameters |
Classic |
| Per Visit Charges |
As per Contract |
| Corporate Cash Collection - Processing Fee |
As per Contract |
SMS and Online Fees
| Parameters |
Classic |
| Subscription Fees |
Free |
| Monthly SMS Charges |
Free |
| Fax Indemnity Charge |
AED 525 per anum |
Emirates Islamic Debit Card Charges
| Parameters |
Classic |
| Debit Card Replacement Fee |
AED 26.25 |
| Foreign Currency Transaction Fee* |
2.50% |
| Copy of Sales Voucher |
Free |
| Usage fee in UAE at Emirates Islamic / Emirates NBD ATMs |
| Cash Withdrawal/Deposit |
Free |
| Balance Inquiry |
Free |
| Mini statement |
Free |
| Utility payment |
Free |
| Usage fee on Non Emirates Islamic / Emirates NBD (UAE Switch) ATMs |
| Cash Withdrawal |
AED 2.1 |
| Balance Inquiry |
AED 1.05 |
| Declined transaction |
AED 1.05 |
| In Arab Gulf Cooperation Countries at GCC NET ATMs |
| Cash Withdrawal |
AED 6.3 |
| Balance Inquiry |
AED 3.15 |
| International ATMs (outside UAE) |
| Cash Withdrawal |
AED 21 |
| Balance Inquiry |
Free (if available) |
| *This fee is charged in addition to the standard processing fee charged by Visa International and is applicable to transactions performed in any currency other than UAE Dirhams. |
| 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. |
