Doha Bank UAE Business Account

Minimum Salary
15.000,00 د.إ

Description

Doha Bank UAE offers Corporate Current Accounts and Call Deposit Accounts with modest minimum balance requirements, transparent fall-below charges, and competitive service fees for cheque handling, transfers, and corporate services. These accounts suit SMEs and larger corporates seeking straightforward fee structures and digital banking.

Features

Account Package Overview

Corporate Current Account
- Minimum Monthly Average Balance (MAB): AED 15,000
- Fall-Below Charge: AED 200 if MAB < AED 15,000
Call Deposit Account
- Minimum MAB: AED 50,000
- Fall-Below Charge: AED 200 if MAB < AED 50,000
Currencies Supported: AED; USD, GBP, EUR available with corresponding thresholds (USD 5,000/GBP 5,000/EUR 5,000 for Current Account; USD 15,000/GBP 15,000/EUR 15,000 for Call Deposit)

Key Features & Benefits

No Monthly Maintenance Fee beyond fall-below charges
Digital Banking: Doha Bank Business online and mobile platforms
Unlimited Free Intra-Bank Transfers and local remittances via WPS
Flexible Call Deposits: Break-before-maturity with 1% penalty on interest rate differential
Salary Processing: WPS setup and bulk salary transfers at competitive rates

Eligibility Criteria

Entity Types: Mainland LLCs, free-zone companies, professional firms, branches of foreign companies, and licensed freelancers
Authorized Signatories: UAE residents with valid Emirates ID and residence visa
Trade License: Current and activity-specific valid license
Compliance: Fulfillment of UAE Central Bank KYC/AML requirements

Detailed Schedule of Fees

Deposit Account Requirements & Fall-Below Charges

Account Type	Currency	MAB Requirement	Fall-Below Charge
Current Account	AED	15,000	AED 200
	USD	5,000	USD 50
	GBP	5,000	GBP 50
	EUR	5,000	EUR 50
Call Deposit Account	AED	50,000	AED 200
	USD	15,000	USD 50
	GBP	15,000	GBP 50
	EUR	15,000	EUR 50

Cheque Services

Service	Fee
Standard Cheque Book (50 leaves)	AED 50 per book
Customized Cheque Book	Actual cost
Cheques on us returned unpaid (insufficient funds)	AED 200 per cheque
Stop Payment Instruction	AED 100 per cheque
Special Clearing – Outward	AED 205 per cheque
Special Clearing – Inward	AED 100 per cheque
Copies of Paid Cheques / Source Documents	AED 20 per item

Statements & Certificates

Service	Fee
Duplicate Statement of Current and Call Account	AED 20 per page
Balance Certificate or Other Certificates	AED 100 per certificate

Salary Processing (WPS)

Service	Fee
WPS Setup (one-time)	AED 300
Salary Transfer to Other Banks	AED 10 per beneficiary
Salary Transfer within Doha Bank	Free

Call Deposit Break Penalty

Service	Fee
Break Before Maturity	Interest rate reduced by 1%

Documents Required

Corporate Documents:
- Trade License and Commercial Registration
- Memorandum & Articles of Association (and any amendments)
- Board Resolution or Power of Attorney authorizing signatories
Identity Documents (each signatory):
- Passport copy (with valid UAE residence visa page)
- Emirates ID copy
Proof of Address:
- Ejari tenancy contract or utility bill no older than 3 months
Additional (if applicable):
- Chamber of Commerce certificate
- Recent audited financial statements or bank reference letters for credit facilities

Additional Info

Current Account is suitable for SMEs with moderate balance needs and frequent transactions.
Call Deposit Account fits businesses seeking interest-bearing deposits with liquidity options.

Maintaining the prescribed minimum balances ensures waiver of fall-below charges while providing access to Doha Bank’s full suite of corporate banking services.