1. Account Packages & Relationship Tiers

Arab Bank segments its personal CASA products into three tiers based on monthly income or deposit balances:

Tier	Criteria	Monthly Fee if Criteria Not Met	Tier Benefits
Smart	Monthly income ≤ AED 15,000 or deposits < AED 100K	AED 25	Standard debit card; 6 free teller txns; basic online banking
Affluent	Monthly income AED 15K–< 80K or deposits AED 100K–< 1M	Waived	Higher transaction quotas; dedicated hotline; tiered savings rates
HNW	Monthly income ≥ AED 80K or deposits ≥ AED 1M	Waived	Premium debit card; unlimited transactions; priority service; lounge access¹

 

¹ Complimentary access to select UAE airport lounges for HNW clients.

 

Account Features & Rates

Current Account (Qard Hasan)

• Minimum Monthly Average Balance: AED 3,000 (waived by tier)
• Interest Rate: Nil
• Debit Card: AED currency metal or standard card; first replacement free for Affluent/HNW; AED 26.25 for Smart
• Cheque Book: First 10 leaves free (subject to credit bureau); AED 10 for next 10 leaves; AED 25 for 25 leaves
• Teller Transactions: 6 free/month (Smart); 12 free/month (Affluent); Unlimited (HNW); AED 10/txn thereafter
• ATM Services: Free at Arab Bank ATMs; 4 free non-Arab UAE ATM withdrawals for Smart, 6 for Affluent, unlimited for HNW; AED 2.10/txn thereafter

Savings Account (Mudarabah)

• Minimum Monthly Average Balance for Profit: AED 3,000
• Base Rate: 0.05% p.a. on average monthly balance (Smart)
• Tiered Rates (AED only; Affluent/HNW)²:
  – < AED 500K: 2.00% p.a.
  – AED 500K–< 2.5M: 2.15%
  – AED 2.5M–< 5M: 2.25%
  – ≥ AED 5M: 2.45%
• Profit Credit: Semi-annual (June & December)
• Debit Card: Same as Current Account
• No Cheque Book Facility

² Based on average monthly balances; applies to Affluent and HNW savings accounts.

 

Detailed Schedule of Fees & Charges

All fees inclusive of 5% VAT where applicable.

Service Category	Service	Fee (Smart/Affluent/HNW)
Account Maintenance	Minimum balance breach	AED 25 / Waived / Waived
Account Opening	One-time	Free
Account Closure (≤6 mo)	Early closure	AED 100
Teller Transactions	Cash/Cheque withdrawal & deposit beyond free	AED 10/txn / AED 10/txn / –
ATM (Arab Bank)	Withdrawal, deposit, inquiry	Free
ATM (Non-Arab UAE)	Withdrawal	4 free; AED 2.10 / 6 free; AED 2.10 / Unlimited (HNW)
GCC ATM	Withdrawal	AED 6.30/txn
International ATM	Withdrawal	AED 15.75/txn
Debit Card Replacement	Lost/stolen/damaged	AED 26.25 / Free / Free
Funds Transfers (Online)	Arab-Arab & UAEFTS	Free
Funds Transfers (Branch)	Local interbank	AED 25 / AED 15 / –
	International SWIFT (BEN/SHA)	AED 100 / AED 50 / –
	International SWIFT (OUR)	AED 150 + fees / AED 75 + fees / –
Standing Instructions	Setup/amend/cancel	AED 25 / Free / Free
Cheque Return	Per instrument	AED 100
Stop Payment	Per instrument	AED 50
Copy of Account Statement	Outside cycle	AED 25/request
Balance/No-Liability Letter	Per request	AED 50