Emirates NBD (ENBD) Business Account

Minimum Salary
25.000,00 د.إ

Description

Emirates NBD offers seven tiered business banking packages—Connect, Proprietor, Prime, Preferred, Prestige, Platinum, and Emirati—each with ascending minimum average balance requirements, monthly fees, and transactional allowances. All accounts provide access to ENBD’s digital platform businessONLINE, with tailored benefits ranging from free teller transactions to dedicated relationship management and preferential FX and trade rates. Eligibility hinges on a valid UAE trade license, authorized signatories with UAE residency, and standard incorporation documents.

Features

Package Tiers & Core Features

Package	Min. Avg. Balance (AED)	Non-Maint. Fee (AED/month)	Free Teller Txns/month	Relationship Manager	Cheque Books	FX & Trade Rates
Connect	–	249	0	No	First free	Standard
Proprietor	50,000	250	3	No	First free	Standard
Prime	50,000	150	6	No	First free	Standard
Preferred	200,000	300	10	No	First free	Standard
Prestige	500,000	750	20	Yes	Unlimited	Preferential on Trade & FX
Platinum	3,500,000	1,500	Unlimited	Yes	Unlimited	Privileged on Trade & FX
Emirati	25,000	150 (waived 1st 6 months)	Unlimited	Yes	Unlimited	Preferential + Lifestyle Perks

Eligibility Criteria

Business Entity: UAE mainland or free-zone LLCs, sole establishments, branches, and professional service providers.
Signatories: At least one resident UAE visa holder with valid Emirates ID.
Trade License: Current and valid, matching business activity.
Segmentation Review: Average balances assessed monthly; package reclassification occurs semi-annually.

Detailed Schedule of Fees

1. Teller & Transaction Fees

Transaction Type	Connect	Proprietor	Prime	Preferred	Prestige/Platinum/Emirati
Cash withdrawal/cheque withdrawal (teller)	AED 26.30/txn	AED 26.30/txn	AED 10.50/txn	AED 10.50/txn	AED 10.50/txn
Cash deposit/FT/cheque deposit (teller)	AED 26.30/txn	AED 26.30/txn	AED 10.50/txn	AED 10.50/txn	AED 10.50/txn
Free txns per month	0	3	6	10	20 (Prestige) / Unlimited
Bulk cash deposit (>AED 1 M/day)	0.26% of amount	0.26%	0.15%	0.10%	0.10%
Teller cash withdrawal (>AED 1 M/day)	0.26%	0.26%	0.15%	0.10%	0.10%
Demand Draft (holders)	AED 26.30	AED 16	AED 16	AED 16	AED 16

2. Digital & Remittance Fees

Service	All Packages
Local Funds Transfer (businessONLINE)	Free
Internal AED Transfer (branch)	AED 10
Outward Remittance TT (branch & online)	AED 100 / AED 100
Inward Remittance (credit charge)	Free
Special / Urgent TT amendments	AED 50

3. ATM & Card Fees

Service	Fee
Non-ENBD ATM Withdrawal (UAE)	AED 5 per txn
GCC ATM Withdrawal	AED 10 per txn
International ATM Withdrawal	AED 25 per txn
Balance Inquiry (non-ENBD ATM)	AED 2 per enquiry
Non-AED Card Transaction Spread	2.5%
Debit Card Issuance & Replacement	Free
PIN Mailer	AED 25

4. Cheque Services

Service	Fee
First Cheque Book	Free
Additional Cheque Book	AED 26.30 per book
Cheque Return (inward/outward)	AED 210 per cheque
Stop Payment	AED 150 per instruction
Collection (local FCY)	AED 100 per cheque
Special Clearing	AED 205 per item

Documents Required

Corporate Documents:
– Trade License & Commercial Registration
– Memorandum & Articles of Association (MOA/AA) and amendments
– Board resolution authorizing account signatories
Identity Documents:
– Passport copies, UAE residency visa, Emirates ID for all signatories
Proof of Address: Ejari tenancy contract or utility bills
Financials: Last 3 months’ bank statements; for multi-layered entities, certified UBO structure
Additional (if applicable): Business plan for startups; VAT certificate for registered firms

Additional Info

Connect: No balance req.; highest non-maint. fee; ideal for micro-businesses requiring online-only access.
Prime/Proprietor: Mid-tier with moderate balance req. and txn allowances; suitable for SMEs.
Preferred: Higher balance threshold; reduced txn charges; best for growing enterprises.
Prestige/Platinum/Emirati: Dedicated RMs, unlimited txn allowances, preferential FX and trade rates; tailored for established corporates and Emirati-owned firms.

Recommendation: Select Connect for digital-first startups, Prime or Preferred for scaling SMEs, and Prestige/Emirati for high-volume businesses seeking dedicated service and preferential pricing.