Account Packages & Core Features

Feature	Business Plus	Business Premium	Business Platinum
Min. Monthly Avg. Balance (AED)	None	25,000	100,000
Monthly Maintenance Fee (AED)	250	Waived if balance ≥ 25,000; else 250	Waived if balance ≥ 100,000; else 250
Fall-Below Fee (AED)	N/A	250	250
Free Teller Transactions /Month	5	15	25
Teller Fee there­after (AED/txn)	52.50	31.50	10.50
Relationship Manager	Optional (150/mo)	Optional (150/mo)	Included
Preferred FX & Trade Rates	No	No	Yes
Dedicated RM-Service Fee (AED/mo)	N/A	150	N/A

 

(All fees inclusive of 5% VAT)

2. Eligibility Criteria

• Business Entity: UAE-registered LLCs, sole establishments, free-zone companies, branches of foreign entities.
• Authorized Signatories: Must hold a valid UAE residence visa and Emirates ID.
• Trade License: Valid and matching business activity.
• Balance Segmentation: Monthly average balances reviewed; accounts reclassified if criteria unmet three consecutive months.

Detailed Schedule of Fees

1. Teller Transactions & Cash Handling

Service	Business Plus	Business Premium	Business Platinum
Free Teller Txns	5/mo	15/mo	25/mo
Additional Teller Txn Fee	AED 52.50	AED 31.50	AED 10.50
Bulk Cash Deposit/Withdrawal (>1M/day)	0.05% pm	0.05% pm	0.05% pm
Demand Draft Issuance	AED 105	AED 105	AED 105
Cheques Returned (inward/outward)	AED 210	AED 210	AED 210
Stop Payment Instruction	AED 105	AED 105	AED 105

 

2. Remittances & Transfers

Service	Manual (AED)	Online (AED)
Local Transfer (to other UAE banks)	AED 52.50	AED 5.25
Intra-Bank Transfer (SIB⇄SIB)	Free	Free
International Transfer (BEN/ SHA)	AED 78.75	AED 26.25
International Transfer (OUR)	AED 157.50	AED 52.50
Swift Copy	AED 26.25	Free
Amendment/Investigation	AED 78.75	N/A
Cancellation/Recall	AED 105	AED 78.75

 

3. Digital & Account Services

Service	Fee (AED)
businessONLINE Subscription	Free
Mobile App & e-Statements	Free
Duplicate Statement (branch)	AED 52.50
Duplicate Statement (digital)	AED 15.75
Account Closure (≤ 6 months)	AED 157.50
Dormant Account Charge (annual)	AED 315
Balance/No-Liability Certificate	AED 105
Audit Confirmation Report	AED 157.50
Trade License Renewal – Grace Fee	AED 367.50/mo

 

4. Trade & Liquidity Services

Service	Fee
Letter of Guarantee Issuance	0.125% (min AED 250)
Goods Finance (Murabaha)	0.45% pm (min AED 500)
Vehicle Finance (Ijarah)	0.35% pm (min AED 500)
Standing Instructions Setup/Amendment	AED 52.50 / AED 52.50
Sweep Transactions (EDR Pools)	Free within SIB; AED 5.25 outside

5. Package Comparison Highlights

• Business Plus: Zero minimum balance; ideal for startups; limited free branch transactions.
• Business Premium: Balanced tier for growing SMEs; waived fees with AED 25k balance; optional RM service.
• Business Platinum: High-volume businesses; highest free transaction allowance and preferential FX/trade rates with dedicated RM.