Business Banking



All charges below are exclusive of VAT (**). Click here for more details.

Current Account


Parameters Classic
(Not Available for New Customers)
Premium e-Trader Gold Platinum
*Minimum Monthly Average Relationship Balance (a) >= AED 10,000 to AED 35,000
>= AED 35,000 to AED 100,000 >= 3,000 >= AED 100,000 to AED 250,000 >= AED 250,000
Any Finance Facilities (b) Any Active Finance Any Active Finance Any Active Finance Any Active Finance Any Active Finance
EIFB Brokerage/Stock Trading Accounts (c) Any Active EIFB Brokerage/Stock Trading Accounts Any Active EIFB Brokerage/Stock Trading Accounts Any Active EIFB Brokerage/Stock Trading Accounts Any Active EIFB Brokerage/Stock Trading Accounts Any Active EIFB Brokerage/Stock Trading Accounts
Monthly Fee (FALL BELOW FEE) (only if conditions 'a' or 'b' or 'c' are not met) AED 250 per month AED 200 per month Free for first 12 months. AED 200 thereafter AED 275 per month AED 500 per month
Relationship Fee AED 200 per month Nil Nil Nil Nil
Euro Account Maintenance Fee (w.e.f 1 July 2018) EUR 40 EUR 40 Nil EUR 40 EUR 40
Teller Fees (Cash Deposit/Cheque Deposit) AED 50 per transaction Free up to 5 transactions per month thereafter AED 25 per transaction Free up to 5 transactions per month thereafter AED 10 per transaction Free up to 5 transactions per month thereafter AED 10 per transaction Free up to 10 transactions per month thereafter AED 10 per transaction
Teller Fees (Cash Withdrawal including Cash Cheque Withdrawal) Free up to 5 transactions per month thereafter AED 50 per transaction Free up to 5 transactions per month thereafter AED 25 per transaction Free up to 5 transactions per month thereafter AED 10 per transaction Free up to 5 transactions per month thereafter AED 10 per transaction Free up to 10 transactions per month thereafter AED 10 per transaction
Teller Fees (Cheque Transfer) AED 50 per transaction Free up to 5 transactions per month thereafter AED 25 per transaction Free up to 5 transactions per month thereafter AED 10 per transaction Free up to 5 transactions per month thereafter AED 10 per transaction Free up to 10 transactions per month thereafter AED 10 per transaction
Teller Fees (Internal Fund Transfer) AED 50 per transaction Free up to 5 transactions per month thereafter AED 25 per transaction Free up to 5 transactions per month thereafter AED 10 per transaction Free up to 5 transactions per month thereafter AED 10 per transaction Free up to 10 transactions per month thereafter AED 10 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 0.25% of the total cash deposited / withdrawn, for amounts of 1 Million and above on a daily basis 0.25% of the total cash deposited / withdrawn, for amounts of 1 Million and above on a daily basis 0.15% of the total cash deposited / withdrawn, for amounts of 1 Million and above on a daily basis 0.1% of the total cash deposited / withdrawn, for amounts of 1 Million and above on a daily basis
Customer Package Changes / Charges NA NA NA One-Off: Applied only for downgrade - 200/- if package changed within 6 months One-Off: Applied only for downgrade - 200/- if package changed within 6 months
*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 Premium e-Trader Gold Platinum
Cheque book charges AED 40 per cheque book of 50 leaves AED 30 thereafter for every 50 leaves cheques First Cheque book Free.
20 thereafter regardless of leaves
Free Free
Cheque Book - Processing Fee
(Manual Request)
AED 25 AED 25 AED 25 AED 25 AED 25
Cheque / DDA (Direct Debit Authority) returned charges AED 175 AED 150 AED 100 AED 150 AED 150
Cheque Book Delivery (Branch) AED 50 AED 30 AED 30 AED 25 AED 20
Cheque Return - Inward (return reason "Represent after 3 working days")* AED 175 AED 150 More than 4 unique cheques in 12-month period 150 for every instance from the first AED 150 AED 150
Inward clearing fees Free Free Free Free Free
Cheque collection charges 0.125% of the cheque amount, subject to a min. AED50 & a max. AED500 -, plus AED 80 as courier charge

Telegraphic Transfer (For Account Holders)


Parameters Classic Premium e-Trader Gold Platinum
Local TT when mode as "OUR" or "SHA" AED 100 AED 75 AED 30 AED 50 AED 40
Local TT when mode as "BEN" AED 100 AED 75 AED 30 AED 50 AED 40
International TT in same currency / GCC when mode as "OUR" or "SHA" AED 120 AED 100 AED 35 AED 75 AED 75
International TT in same currency / GCC when mode as "BEN" AED 120 AED 100 AED 45 AED 75 AED 75
International TT in other currency when mode as "OUR" or "SHA" AED 120 AED 100 AED 40 AED 75 AED 75
International TT in other currency when mode as "BEN" AED 120 AED 100 AED 50 AED 75 AED 75
Local TT online when mode as "OUR" or "SHA" AED 35 AED 20 AED 10 AED 10 Free
Local TT online when mode as "BEN" AED 25 AED 25 AED 12.5 AED 25 AED 25
International TT online when mode as "OUR" or "SHA" AED 45 AED 30 AED 15 AED 25 AED 15
International TT online when mode as "BEN" AED 40 AED 40 AED 20 AED 40 AED 40

Certificate


Parameters Classic Premium e-Trader Gold Platinum
Certificate of Balance AED 100 per certificate AED 60 per certificate AED 40 per certificate AED 35 per certificate Free

Salary WPS Charges


Parameters Classic Premium e-Trader Gold Platinum
Manual Processing Charges (via Branches)*
* Manual WPS processing allowed only for
approved customers.
AED 750 per file + AED 3 per account
(per account charge is Free for EI/ENBD Accounts)
AED 750 per file + AED 3 per account
(per account charge is Free for EI/ENBD Accounts)
AED 750 per file + AED 3 per account
(per account charge is Free for EI/ENBD Accounts)
AED 750 per file + AED 3 per account
(per account charge is Free for EI/ENBD Accounts)
AED 750 per file + AED 3 per account
(per account charge is Free for EI/ENBD Accounts)
smartBUSINESS (via electronic platform) AED 55 per File / Batch + AED 3 per account
(per account charge is Free for EI/ENBD Accounts)
AED 55 per File / Batch + AED 3 per account
(per account charge is Free for EI/ENBD Accounts)
AED 55 per File / Batch + AED 3 per account
(per account charge is Free for EI/ENBD Accounts)
AED 55 per File / Batch + AED 3 per account
(per account charge is Free for EI/ENBD Accounts)
AED 55 per File / Batch + AED 3 per account
(per account charge is Free for EI/ENBD Accounts)

Salary (Non WPS)


Parameters Classic Premium e-Trader Gold Platinum
Manual Processing Charges (via Branches)*
* Manual WPS processing allowed only for approved customers.
AED 200 per File / Batch + AED 3 per account
(per account charge is Free for EI/ENBD Accounts)
AED 200 per File / Batch + AED 3 per account
(per account charge is Free for EI/ENBD Accounts)
AED 200 per File / Batch + AED 3 per account
(per account charge is Free for EI/ENBD Accounts)
AED 200 per File / Batch + AED 3 per account
(per account charge is Free for EI/ENBD Accounts)
AED 200 per File / Batch + AED 3 per account
(per account charge is Free for EI/ENBD Accounts)
smartBUSINESS (via electronic platform) AED 100 per File / Batch + AED 3 per account
(per account charge is Free for EI/ENBD Accounts)
AED 100 per File / Batch + AED 3 per account
(per account charge is Free for EI/ENBD Accounts)
AED 100 per File / Batch + AED 3 per account
(per account charge is Free for EI/ENBD Accounts)
AED 100 per File / Batch + AED 3 per account
(per account charge is Free for EI/ENBD Accounts)
AED 100 per File / Batch + AED 3 per account
(per account charge is Free for EI/ENBD Accounts)

GPSSA (Pension Payment)


Parameters Classic Premium e-Trader Gold Platinum
Manual Processing Charges (via Branches) AED 200 per file + AED 2 per beneficiary AED 200 per file + AED 2 per beneficiary AED 200 per file + AED 2 per beneficiary AED 200 per file + AED 2 per beneficiary AED 200 per file + AED 2 per beneficiary
smartBUSINESS (via electronic platform) AED 50 per file + AED 2 per beneficiary AED 50 per file + AED 2 per beneficiary AED 50 per file + AED 2 per beneficiary AED 50 per file + AED 2 per beneficiary AED 50 per file + AED 2 per beneficiary

Statement Charges


Parameters Classic Premium e-Trader Gold Platinum
Request for copy of statement (non periodic) AED 5 per page. Minimum AED 100 AED 5 per page. Minimum AED 50 AED 5 per page. Minimum AED 50 AED 5 per page. Minimum AED 25 AED 5 per page. Minimum AED 20
Physical Statement (Weekly / Monthly / Quarterly / Half Yearly / Yearly) AED 150 AED 100 AED 100 AED 100 AED 100
e-statement (monthly) Free Free Free Free Free
Liability Letter AED 250 AED 200 AED 200 AED 150 AED 100
No Liability Letter AED 250 AED 200 AED 200 AED 150 AED 100

Standing Instructions


Parameters Classic Premium e-Trader Gold Platinum
Set up charges AED 100 AED 75 AED 75 AED 50 AED 25
Periodic Payments (per transaction) Free Free Free Free Free
Amendment charges AED 55 AED 30 AED 30 AED 25 AED 15
Failed Standing Instruction AED 55 AED 45 AED 45 AED 40 AED 30
Balance order AED 500 p.a. AED 180 p.a. AED 180 p.a. AED 160 p.a. AED 140 p.a.

Inward Remittances


Parameters Classic Premium e-Trader Gold Platinum
If deposited in beneficiarys’ account Free Free Free Free Free

Demand Draft and MC/PO:Others


Parameters Classic Premium e-Trader Gold Platinum
Issuance of DD/MC/PO AED 50 AED 25 AED 25 AED 20 AED 15
Cancellation of DD/MC/PO AED 50 Free Free Free
Additional telex (e.g. tracer) sent at request of customer - UAE AED 100 AED 70 AED 70 AED 50 AED 45
Additional telex (e.g. tracer) sent at request of customer - Others AED 100 AED 70 AED 70 AED 50 AED 45
Cancellation of remittance instruction/recalling of funds remitted AED 100 AED 80 AED 80 AED 80 AED 70
Swift message copy AED 40 AED 20 AED 20 AED 15 AED 10
Special Clearing - Outward AED 150 AED 150 AED 150 AED 150 AED 150
Special Clearing - Inward (Proceeds by Manager’s Cheque) AED 150 AED 150 AED 150 AED 150 AED 150
Special Clearing - Inward (Proceeds through UAE Central Bank) AED 150 AED 150 AED 150 AED 150 AED 150
Request for copy of old cheuqes up to 6 months old AED 30 per copy AED 20 per copy AED 20 per copy AED 10 per copy AED 5 per copy
Request for copy of old cheuqes more than 6 months old AED 50 per copy AED 40 per copy AED 40 per copy AED 20 per copy AED 15 per copy

Stop Payment Charge (per instruction)


Parameters Classic Premium e-Trader Gold Platinum
For Cheque/Demand Draft/Manager’s Cheque (up to 3 leaves/unit) AED 50 AED 30 AED 30 AED 20 AED 15
For Cheque/Demand Draft/Manager’s Cheque (Greater than 3 leaves/units) AED 60 AED 40 AED 40 AED 30 AED 20
Account Closure (within 6 months) AED 200 AED 200 AED 200 AED 200 AED 200
Dormant Account Charges AED 300 per year AED 150 per year AED 150 per year AED 150 per year AED 150 per year

Foreign Currency (Collected in same FCY)


Parameters Classic Premium e-Trader Gold Platinum
Foreign Currency cash deposit 1% (Minimum AED 100) 1% (Minimum AED 100) 1% (Minimum AED 100) 1% (Minimum AED 100) 1% (Minimum AED 100)
Foreign Currency cash withdrawal 1% (Minimum AED 100) 1% (Minimum AED 100) 1% (Minimum AED 100) 1% (Minimum AED 100) 1% (Minimum AED 100)

Trade Licence Expiry


Parameters Classic Premium e-Trader Gold Platinum
Trade License Updation - Processing Fee
(Manual Request)
AED 100 per request AED 100 per request AED 100 per request AED 100 per request AED 100 per request
Valid Trade License not provided for more than 90 days after expiry of existing AED 250 Monthly AED 250 Monthly AED 250 Monthly AED 250 Monthly AED 250 Monthly

Other Charges


Parameters Classic Premium e-Trader Gold Platinum
Audit confirmation AED 250 AED 150 AED 150 AED 150 AED 125
TCI report AED 250 AED 150 AED 150 AED 150 AED 125
Other reports AED 250 AED 150 AED 150 AED 150 AED 125

Credit/Confidential Reports


Parameters Classic Premium e-Trader Gold Platinum
Issued to organizations within UAE AED 250 AED 200 AED 200 AED 200 AED 200
Issued to organizations outside UAE AED 250 AED 200 AED 200 AED 200 AED 200

Post Dated Cheques


Parameters Classic Premium e-Trader Gold Platinum
Extension of due date AED 40 AED 30 AED 30 AED 20 AED 15
Substitution of cheque with cash AED 40 AED 30 AED 30 AED 20 AED 15
Postdated cheques deposited for collection AED 40 AED 30 AED 30 AED 20 AED 15
Letters of Encashment 0.125% 0.125% 0.125% 0.125% 0.125%
Cheque Certification N/A N/A N/A N/A N/A

Outward Clean Collections


Parameters Classic Premium e-Trader Gold Platinum
Standard collections: Free Free Free Free Free
Commission Free Free Free Free Free
OCC Return Charges Cheque return charges:
AED 100
Cheque return charges:
AED 50
Cheque return charges:
AED 50
Cheque return charges:
AED 50
Cheque return charges:
AED 50
Cash letter items Commission 1/10% (minimum AED 20,
maximum AED 500
or equivalent)
AED 10 for post
1/10% (minimum AED 20,
maximum AED 500
or equivalent)
AED 10 for post
1/10% (minimum AED 20,
maximum AED 500
or equivalent)
AED 10 for post
1/10% (minimum AED 20,
maximum AED 500
or equivalent)
AED 10 for post
1/10% (minimum AED 20,
maximum AED 500
or equivalent)
AED 10 for post

Inward Clean Collection


Parameters Classic Premium e-Trader Gold Platinum
Commission 1/8 percent (minimum
AED 40, maximum AED
500 or equivalent)
1/8 percent (minimum
AED 40, maximum AED
500 or equivalent)
1/8 percent (minimum
AED 40, maximum AED
500 or equivalent)
1/8 percent (minimum
AED 40, maximum AED
500 or equivalent)
1/8 percent (minimum
AED 40, maximum AED
500 or equivalent)
Proceeds by DD/MC AED 10 AED 10 AED 10 Free Free
Proceeds by TT AED 60 per message AED 60 per message AED 60 per message Free Free

Other Services


Parameters Classic Premium e-Trader Gold Platinum
Hold mail Free Free Free Free Free
Holding undelivered mail AED 100 p.a. AED 100 p.a. AED 100 p.a. AED 100 p.a. AED 100 p.a.

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


Parameters Classic Premium e-Trader Gold Platinum
UAE AED 15 minimum AED 15 minimum AED 15 minimum AED 15 minimum AED 15 minimum
Other AED 30 minimum AED 30 minimum AED 30 minimum AED 30 minimum AED 30 minimum

Faxes


Parameters Classic Premium e-Trader Gold Platinum
UAE AED 25 AED 25 AED 25 AED 25 AED 25
Others AED 50 AED 50 AED 50 AED 50 AED 50

Courier


Parameters Classic Premium e-Trader Gold Platinum
UAE AED 60 AED 40 minimum AED 40 minimum AED 30 minimum AED 20 minimum
Others AED 150 minimum AED 125 minimum AED 125 minimum AED 100 minimum AED 80 minimum

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


Parameters Classic Premium e-Trader Gold Platinum
UAE AED 60 minimum AED 45 minimum AED 45 minimum AED 30 AED 20
Others AED 70 minimum AED 60 minimum AED 60 minimum AED 45 AED 30
Investigations Within 1 year 80
After 1 year minimum
AED 120
Within 1 year AED 50
After 1 year minimum
AED 100
Within 1 year AED 50
After 1 year minimum
AED 100
Within 1 year AED 40
After 1 year minimum
AED 90
Within 1 year AED 30
After 1 year minimum
AED 80
Request for non-standard
statement frequency
AED 50 p.m. AED 40 p.m. AED 40 p.m. AED 30 p.m. AED 20 p.m.
Send MT940s on customer request
(Monthly per account)
AED 50 p.m. AED 40 p.m. AED 40 p.m. AED 30 p.m. AED 20 p.m.

Certificates


Parameters Classic Premium e-Trader Gold Platinum
Capital Guarantee Certificate AED 2000 AED 1000 AED 1000 AED 650 AED 500
Attestation of Signature AED 150 AED 50 AED 50 AED 50 AED 50

Certificate for Issuance of Trade Licence Favouring


Parameters Classic Premium e-Trader Gold Platinum
Department of Economic
Development
AED 1500 AED 1000 AED 1000 AED 650 AED 500
Free Zones and others AED 1500 AED 1000 AED 1000 AED 650 AED 500
T.C. Purchase AED 20 AED 20 AED 20 AED 20 AED 20
Issue of IPO/Rights issues by order AED 100 AED 100 AED 100 AED 100 AED 100

Channel Fees : smartBUSINESS


Parameters Classic Premium e-Trader Gold Platinum
Subscription Fees AED 200 per month AED 200 per month AED 100 per month AED 200 per month AED 200 per month
Token charges AED 250/- per token AED 250/- per token AED 250/- per token AED 250/- per token AED 250/- per token
Password Reset AED 50/- per request AED 50/- per request AED 25/- per request AED 50/- per request AED 50/- per request
Swift message copy download 15 Free Free Free Free
Subsidiary / Associate company
account addition
AED 100/- per request AED 100/- per request AED 50/- per request AED 100/- per request AED 100/- per request

Corporate Cash and Cheque Collection


Parameters Classic Premium e-Trader Gold Platinum
Per Visit Charges As per Contract As per Contract As per Contract As per Contract As per Contract
Corporate Cash Collection - Processing Fee As per Contract As per Contract As per Contract As per Contract As per Contract

SMS and Online Fees


Parameters Classic Premium e-Trader Gold Platinum
Subscription Fees Free Free Free Free Free
Monthly SMS Charges Free Free Free Free Free
Fax Indemnity Charge AED 500 per anum AED 250 per anum AED 250 per anum AED 250 per anum AED 250 per anum

Emirates Islamic Debit Card Charges


Parameters Classic Premium e-Trader Gold Platinum
Annual Fee Free Free Free Free Free
Debit Card Replacement Fee AED 50 AED 25 AED 25 AED 20 AED 15
Foreign Currency Transaction Fee* 2.50% 2.50% 2.50% 2.50% 2.50%
Copy of Sales Voucher Free Free Free Free Free
Usage fee in UAE at Emirates Islamic / Emirates NBD ATMs
Cash Withdrawal/Deposit Free Free Free Free Free
Balance Inquiry Free Free Free Free Free
Mini statement Free Free Free Free Free
Utility payment Free Free Free Free Free
Usage fee on Non Emirates Islamic / Emirates NBD (UAE Switch) ATMs
Cash Withdrawal AED 2 AED 2 AED 2 Free Free
Balance Inquiry AED 1 AED 1 AED 1 Free Free
Declined transaction AED 1 AED 1 AED 0 Free Free
In Arab Gulf Cooperation Countries at GCC NET ATMs
Cash Withdrawal AED 6 AED 6 AED 6 Free Free
Balance Inquiry AED 3 AED 3 AED 3 Free Free
International ATMs (outside UAE)
Cash Withdrawal AED 20 AED 20 AED 20 AED 20 Free
Balance Inquiry Free (if available) Free (if available) Free Free (if available) 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
Notes:
** All charges, commissions and fees are exclusive of Value Added Tax or any other similar sales tax (VAT).

 

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