Minimum Salary
25.000,00 د.إ
Bank of Baroda UAE provides four business current account options—Gold, Premium, Platinum, and Start-Up—each with tiered minimum daily balances, quarterly maintenance fees, and value-added benefits such as interest on balances (for Platinum), unlimited free transactions, and preferential foreign exchange rates. The bank’s transparent schedule of service charges covers teller transactions, cheque services, transfers, and trade finance.
Account Package Overview
| Account Type | Min. Daily Balance (AED) | Quarterly Maintenance Fee | Interest on Balance | Key Benefits |
| Gold Current Account | 25,000 | 250 | No | Free cheque books; basic business services |
| Premium Current Account | 50,000 | Waived if balance maintained | No | Enhanced transaction limits; free teller transactions |
| Platinum Current Account | 2,000,000 | Waived if balance maintained | 0.75% p.a. | Unlimited cheque books; preferential FX rates; premium support |
| Start-Up Current Account | Customized | Waived | No | Tailored for innovative startups; waived fees |
Eligibility Criteria
Detailed Schedule of Fees
Account Maintenance
| Service | Fee (AED) |
| Quarterly Maintenance Fee (Gold) | 250 |
| Quarterly Maintenance Fee (Premium) | Waived if MAB ≥ 50,000; else 500 |
| Quarterly Maintenance Fee (Platinum) | Waived if MAB ≥ 2,000,000; else 2,000 |
| Quarterly Maintenance Fee (Start-Up) | Waived |
| Account Closure Fee (≤ 6 months) | 500 |
| Dormant Account Reactivation (annual) | 100 |
Teller Transactions & Cash Handling
| Service | Fee |
| Free Teller Transactions (Gold) | 20 per quarter |
| Free Teller Transactions (Premium) | 40 per quarter |
| Free Teller Transactions (Platinum/Start-Up) | Unlimited |
| Additional Teller Transaction Fee | AED 10 per transaction |
| Cash Deposit (over counter) | Free |
| Cash Withdrawal (over counter) | AED 10 per transaction |
| Bulk Cash Deposit/Withdrawal (> AED 500k/day) | 0.05% of amount |
Cheque & Demand Draft Services
| Service | Fee (AED) |
| Cheque Book (50 leaves) | Free for Gold/Premium; Unlimited for Platinum; 500 for Start-Up |
| Additional Cheque Leaf | AED 3 per leaf |
| Cheque Return (inward/outward) | AED 150 per cheque |
| Stop Payment Instruction | AED 100 per instruction |
| Demand Draft / Banker’s Cheque Issuance | AED 100 per instrument |
| Demand Draft / Banker’s Cheque Cancellation | AED 100 per request |
Transfers & Remittances
| Service | Branch Fee (AED) | Online Fee (AED) |
| Domestic Transfer (other UAE banks) | AED 25 | AED 5 |
| Intra-Bank Transfer | Free | Free |
| International Transfer (BEN/SHA) | AED 75 | AED 25 |
| International Transfer (OUR) | AED 150 | AED 50 |
| SWIFT Copy | Free | Free |
| Amendment/Cancellation/Investigation | AED 100 | N/A |
Trade Finance & Letters
| Service | Fee (% or AED) |
| LC Issuance Commission | 0.125% of LC value (min AED 250) |
| LC Amendment Fee | AED 500 |
| LC Advising (UBL/Non-UBL) | AED 300 |
| LC Negotiation Commission | 0.30% (min AED 500) |
| Bank Guarantee Issuance | 0.125% (min AED 250) |
| Demand Guarantee Amendment | AED 500 |
| Demand Guarantee Advising | AED 300 |
Select Gold for cost-effective basic banking, Premium for enhanced transaction limits, Platinum for high-volume businesses seeking interest earnings and premium support, or Start-Up for innovative ventures benefiting from waived fees and tailored services.
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